Sportsman’s Warehouse (SPWH) Receives $5.50 Average Price Target from Analysts

Shares of Sportsman’s Warehouse (NASDAQ:SPWH) have been assigned an average rating of “Hold” from the ten analysts that are presently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $5.50.

SPWH has been the subject of a number of recent analyst reports. Zacks Investment Research cut shares of Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a report on Wednesday, March 14th. BidaskClub upgraded shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a report on Saturday, December 30th. Robert W. Baird restated a “buy” rating and set a $8.00 price target on shares of Sportsman’s Warehouse in a report on Wednesday, January 3rd. Finally, ValuEngine cut shares of Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a report on Thursday, February 8th.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in SPWH. The Manufacturers Life Insurance Company lifted its stake in shares of Sportsman’s Warehouse by 41.2% in the second quarter. The Manufacturers Life Insurance Company now owns 31,397 shares of the company’s stock valued at $169,000 after buying an additional 9,156 shares during the period. Yellowstone Partners LLC bought a new stake in shares of Sportsman’s Warehouse in the third quarter valued at about $196,000. Engineers Gate Manager LP bought a new stake in shares of Sportsman’s Warehouse in the fourth quarter valued at about $207,000. Goldman Sachs Group Inc. lifted its stake in shares of Sportsman’s Warehouse by 199.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 36,209 shares of the company’s stock valued at $239,000 after buying an additional 24,132 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of Sportsman’s Warehouse by 171.7% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 72,000 shares of the company’s stock valued at $324,000 after buying an additional 45,500 shares during the period. Institutional investors and hedge funds own 97.66% of the company’s stock.

SPWH stock traded down $0.14 during mid-day trading on Wednesday, reaching $4.85. 84,252 shares of the stock traded hands, compared to its average volume of 581,477. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.80 and a quick ratio of 0.07. Sportsman’s Warehouse has a 52 week low of $3.40 and a 52 week high of $6.99. The stock has a market capitalization of $212.66, a price-to-earnings ratio of 9.98, a price-to-earnings-growth ratio of 0.85 and a beta of -0.64.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its quarterly earnings results on Wednesday, March 28th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.07). Sportsman’s Warehouse had a net margin of 2.19% and a return on equity of 56.40%. The firm had revenue of $243.17 million for the quarter, compared to the consensus estimate of $241.93 million. equities analysts expect that Sportsman’s Warehouse will post 0.59 EPS for the current fiscal year.

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Sportsman’s Warehouse Company Profile

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.

Analyst Recommendations for Sportsman`s Warehouse (NASDAQ:SPWH)

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