Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Receives Consensus Rating of “Moderate Buy” from Analysts

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) has been given a consensus rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $2.95.

Several equities analysts have issued reports on SPWH shares. Roth Mkm decreased their price target on shares of Sportsman’s Warehouse from $4.25 to $2.25 and set a “buy” rating for the company in a research report on Friday, December 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sportsman’s Warehouse in a research report on Monday, December 29th. Wall Street Zen raised Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Saturday, January 3rd. Finally, Robert W. Baird decreased their price target on Sportsman’s Warehouse from $3.50 to $2.00 and set a “neutral” rating for the company in a research note on Friday, December 5th.

Sportsman’s Warehouse Trading Down 1.7%

Shares of SPWH stock opened at $1.19 on Friday. Sportsman’s Warehouse has a twelve month low of $0.92 and a twelve month high of $4.33. The stock’s fifty day simple moving average is $1.38 and its 200 day simple moving average is $2.20. The company has a quick ratio of 0.06, a current ratio of 1.20 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $45.79 million, a P/E ratio of -1.23 and a beta of 0.58.

Sportsman’s Warehouse (NASDAQ:SPWH) last posted its earnings results on Thursday, December 4th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). The firm had revenue of $331.32 million during the quarter, compared to the consensus estimate of $331.11 million. Sportsman’s Warehouse had a negative net margin of 3.05% and a negative return on equity of 7.20%. As a group, sell-side analysts predict that Sportsman’s Warehouse will post -0.65 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its stake in shares of Sportsman’s Warehouse by 30.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 318,683 shares of the company’s stock valued at $317,000 after purchasing an additional 74,601 shares during the last quarter. Acadian Asset Management LLC grew its holdings in Sportsman’s Warehouse by 217.1% during the 1st quarter. Acadian Asset Management LLC now owns 216,605 shares of the company’s stock worth $214,000 after acquiring an additional 148,296 shares during the period. Vanguard Personalized Indexing Management LLC bought a new position in shares of Sportsman’s Warehouse in the 2nd quarter worth about $45,000. Stratos Wealth Partners LTD. lifted its stake in shares of Sportsman’s Warehouse by 50.0% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 18,000 shares of the company’s stock valued at $62,000 after purchasing an additional 6,000 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Sportsman’s Warehouse during the 2nd quarter valued at about $688,000. Institutional investors own 83.04% of the company’s stock.

Sportsman’s Warehouse Company Profile

Sportsman’s Warehouse, Inc (NASDAQ: SPWH) operates as a specialty retailer of hunting, shooting, fishing, camping and related outdoor sports equipment in the United States. The company’s brick-and-mortar footprint comprises over 100 retail locations across more than 20 states, complemented by an e-commerce platform that serves anglers and outdoorsmen nationwide. By focusing on core outdoor activities, Sportsman’s Warehouse delivers a comprehensive shopping experience for enthusiasts of all skill levels.

The retailer’s product assortment includes firearms and ammunition, archery gear, fishing tackle and boats, camping supplies, outdoor apparel and footwear, water sports equipment and pet supplies.