BidaskClub downgraded shares of Sportsman's Warehouse (NASDAQ:SPWH) from a buy rating to a hold rating in a research report sent to investors on Saturday, January 6th.
Several other equities analysts have also weighed in on the stock. Robert W. Baird restated a buy rating and set a $8.00 price target on shares of Sportsman's Warehouse in a research report on Wednesday, January 3rd. Zacks Investment Research raised shares of Sportsman's Warehouse from a sell rating to a hold rating in a report on Saturday, December 30th. DA Davidson set a $7.00 price objective on shares of Sportsman's Warehouse and gave the company a buy rating in a report on Wednesday, December 6th. ValuEngine raised shares of Sportsman's Warehouse from a hold rating to a buy rating in a report on Friday, December 1st. Finally, Forward View set a $4.00 price target on shares of Sportsman's Warehouse and gave the stock a hold rating in a report on Saturday, November 18th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $6.69.
Sportsman's Warehouse (NASDAQ:SPWH) traded down $0.05 during midday trading on Friday, hitting $5.36. 1,097,106 shares of the stock traded hands, compared to its average volume of 614,038. Sportsman's Warehouse has a 12-month low of $3.40 and a 12-month high of $8.79. The company has a debt-to-equity ratio of 3.09, a quick ratio of 0.03 and a current ratio of 1.54. The company has a market cap of $230.35, a price-to-earnings ratio of 10.31, a price-to-earnings-growth ratio of 0.95 and a beta of -0.65.
Sportsman's Warehouse (NASDAQ:SPWH) last posted its earnings results on Thursday, November 16th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.01). The firm had revenue of $218.10 million during the quarter, compared to the consensus estimate of $222.59 million. Sportsman's Warehouse had a return on equity of 71.55% and a net margin of 2.84%. The business’s revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.25 EPS. equities analysts forecast that Sportsman's Warehouse will post 0.57 EPS for the current fiscal year.
In related news, CFO Kevan P. Talbot bought 13,000 shares of the stock in a transaction that occurred on Monday, December 18th. The shares were acquired at an average cost of $5.78 per share, with a total value of $75,140.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 4.15% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Franklin Resources Inc. grew its position in Sportsman's Warehouse by 2.3% during the second quarter. Franklin Resources Inc. now owns 4,577,661 shares of the company’s stock valued at $24,720,000 after acquiring an additional 103,548 shares during the last quarter. Boston Partners grew its holdings in shares of Sportsman's Warehouse by 6.7% in the third quarter. Boston Partners now owns 2,740,624 shares of the company’s stock worth $12,360,000 after purchasing an additional 173,057 shares during the last quarter. Towle & Co. bought a new position in shares of Sportsman's Warehouse in the third quarter worth approximately $11,184,000. Boston Private Wealth LLC grew its holdings in shares of Sportsman's Warehouse by 69.0% in the third quarter. Boston Private Wealth LLC now owns 2,112,000 shares of the company’s stock worth $9,525,000 after purchasing an additional 862,000 shares during the last quarter. Finally, Citadel Advisors LLC grew its holdings in shares of Sportsman's Warehouse by 1.6% in the third quarter. Citadel Advisors LLC now owns 1,376,735 shares of the company’s stock worth $6,209,000 after purchasing an additional 21,053 shares during the last quarter.
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Sportsman's Warehouse Company Profile
Sportsman’s Warehouse Holdings, Inc is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 70 stores across approximately 20 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations.
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