Sportsman’s Warehouse (NASDAQ:SPWH)‘s stock had its “neutral” rating reissued by equities researchers at Robert W. Baird in a research note issued to investors on Thursday, March 15th, Marketbeat.com reports. They presently have a $5.00 price objective on the stock. Robert W. Baird’s target price would suggest a potential upside of 0.20% from the stock’s previous close.
Several other brokerages have also issued reports on SPWH. Piper Jaffray set a $5.00 price target on shares of Sportsman’s Warehouse and gave the company a “hold” rating in a report on Thursday, November 16th. Zacks Investment Research lowered shares of Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. ValuEngine raised shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. BidaskClub raised shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a research note on Saturday, December 30th. Finally, Forward View set a $4.00 target price on shares of Sportsman’s Warehouse and gave the stock a “hold” rating in a research note on Saturday, November 18th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Sportsman’s Warehouse has a consensus rating of “Hold” and an average target price of $5.50.
NASDAQ:SPWH opened at $4.99 on Thursday. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.80 and a quick ratio of 0.03. Sportsman’s Warehouse has a 1 year low of $3.40 and a 1 year high of $6.99. The company has a market capitalization of $204.57, a PE ratio of 9.98, a PEG ratio of 0.82 and a beta of -0.65.
Sportsman’s Warehouse (NASDAQ:SPWH) last posted its quarterly earnings data on Wednesday, March 28th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.07). Sportsman’s Warehouse had a return on equity of 56.40% and a net margin of 2.19%. The company had revenue of $243.17 million during the quarter, compared to the consensus estimate of $241.93 million. sell-side analysts anticipate that Sportsman’s Warehouse will post 0.59 EPS for the current year.
Several hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. bought a new position in Sportsman’s Warehouse in the 3rd quarter valued at about $600,000. Weber Alan W grew its position in shares of Sportsman’s Warehouse by 22.6% during the 4th quarter. Weber Alan W now owns 840,900 shares of the company’s stock worth $5,558,000 after purchasing an additional 155,000 shares in the last quarter. Parametric Portfolio Associates LLC grew its position in shares of Sportsman’s Warehouse by 360.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 85,194 shares of the company’s stock worth $460,000 after purchasing an additional 66,696 shares in the last quarter. First Heartland Consultants Inc. acquired a new position in shares of Sportsman’s Warehouse during the 3rd quarter worth approximately $534,000. Finally, Towle & Co. grew its position in shares of Sportsman’s Warehouse by 55.9% during the 4th quarter. Towle & Co. now owns 3,865,025 shares of the company’s stock worth $25,548,000 after purchasing an additional 1,385,209 shares in the last quarter. 97.75% of the stock is currently owned by institutional investors.
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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.
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