Wall Street analysts expect Sportsman’s Warehouse (NASDAQ:SPWH) to announce $175.23 million in sales for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Sportsman’s Warehouse’s earnings, with the highest sales estimate coming in at $177.80 million and the lowest estimate coming in at $173.70 million. Sportsman’s Warehouse posted sales of $156.90 million during the same quarter last year, which suggests a positive year-over-year growth rate of 11.7%. The business is expected to issue its next earnings results on Thursday, May 17th.
On average, analysts expect that Sportsman’s Warehouse will report full year sales of $839.68 million for the current year, with estimates ranging from $833.60 million to $848.50 million. For the next fiscal year, analysts anticipate that the firm will report sales of $879.80 million per share, with estimates ranging from $874.60 million to $882.50 million. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that cover Sportsman’s Warehouse.
Sportsman’s Warehouse (NASDAQ:SPWH) last announced its quarterly earnings data on Wednesday, March 28th. The company reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.07). The business had revenue of $243.17 million during the quarter, compared to the consensus estimate of $241.93 million. Sportsman’s Warehouse had a return on equity of 56.40% and a net margin of 2.19%.
Several brokerages recently commented on SPWH. Zacks Investment Research downgraded shares of Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Robert W. Baird reaffirmed a “neutral” rating and issued a $5.00 target price on shares of Sportsman’s Warehouse in a research note on Thursday, March 15th. ValuEngine downgraded shares of Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Finally, BidaskClub raised shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a research note on Saturday, December 30th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $5.50.
Shares of SPWH traded up $0.05 during mid-day trading on Thursday, reaching $5.19. The company’s stock had a trading volume of 517,869 shares, compared to its average volume of 552,656. The firm has a market cap of $211.38, a price-to-earnings ratio of 10.38, a PEG ratio of 0.85 and a beta of -0.64. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.07 and a current ratio of 1.80. Sportsman’s Warehouse has a 52 week low of $3.40 and a 52 week high of $6.99.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Engineers Gate Manager LP purchased a new position in shares of Sportsman’s Warehouse in the fourth quarter worth $207,000. The Manufacturers Life Insurance Company increased its position in Sportsman’s Warehouse by 41.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,397 shares of the company’s stock valued at $169,000 after purchasing an additional 9,156 shares during the period. Goldman Sachs Group Inc. increased its position in Sportsman’s Warehouse by 199.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 36,209 shares of the company’s stock valued at $239,000 after purchasing an additional 24,132 shares during the period. California State Teachers Retirement System increased its position in Sportsman’s Warehouse by 23.5% during the 2nd quarter. California State Teachers Retirement System now owns 64,124 shares of the company’s stock valued at $346,000 after purchasing an additional 12,200 shares during the period. Finally, Ellington Management Group LLC purchased a new position in Sportsman’s Warehouse during the 4th quarter valued at $467,000. 97.70% 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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