BidaskClub upgraded shares of Sportsman's Warehouse (NASDAQ:SPWH) from a hold rating to a buy rating in a research note issued to investors on Saturday.
SPWH has been the subject of several other reports. ValuEngine cut shares of Sportsman's Warehouse from a buy rating to a hold rating in a research note on Friday, September 1st. DA Davidson set a $7.00 price objective on shares of Sportsman's Warehouse and gave the company a buy rating in a research note on Wednesday, December 6th. Zacks Investment Research cut shares of Sportsman's Warehouse from a hold rating to a sell rating in a research note on Tuesday, November 21st. Ifs Securities upgraded shares of Sportsman's Warehouse from a market perform rating to an outperform rating and set a $5.00 price objective for the company in a research note on Friday, November 17th. Finally, Forward View set a $4.00 price objective on shares of Sportsman's Warehouse and gave the company a hold rating in a research note on Saturday, November 18th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Sportsman's Warehouse currently has an average rating of Buy and a consensus price target of $6.56.
Shares of Sportsman's Warehouse (NASDAQ SPWH) opened at $6.61 on Friday. The company has a market cap of $284.85, a P/E ratio of 12.47, a P/E/G ratio of 1.17 and a beta of -0.66. The company has a debt-to-equity ratio of 3.09, a current ratio of 1.54 and a quick ratio of 0.03. Sportsman's Warehouse has a 12 month low of $3.40 and a 12 month high of $9.65.
Sportsman's Warehouse (NASDAQ:SPWH) last released its earnings results on Thursday, November 16th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Sportsman's Warehouse had a return on equity of 71.55% and a net margin of 2.84%. The company had revenue of $218.10 million during the quarter, compared to analyst estimates of $222.59 million. During the same quarter last year, the business earned $0.25 earnings per share. The firm’s revenue for the quarter was up .4% on a year-over-year basis. analysts anticipate that Sportsman's Warehouse will post 0.57 earnings per share for the current fiscal year.
In other news, CFO Kevan P. Talbot bought 13,000 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was purchased at an average cost of $5.78 per share, with a total value of $75,140.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 4.15% of the stock is owned by insiders.
Large investors have recently bought and sold shares of the company. Citigroup Inc. increased its holdings in shares of Sportsman's Warehouse by 21,205.2% during the 2nd quarter. Citigroup Inc. now owns 157,019 shares of the company’s stock valued at $848,000 after purchasing an additional 156,282 shares in the last quarter. Boston Partners increased its holdings in shares of Sportsman's Warehouse by 6.7% during the 3rd quarter. Boston Partners now owns 2,740,624 shares of the company’s stock valued at $12,360,000 after purchasing an additional 173,057 shares in the last quarter. Mesirow Financial Investment Management Inc. purchased a new position in shares of Sportsman's Warehouse during the 2nd quarter valued at approximately $271,000. Parametric Portfolio Associates LLC increased its holdings 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 valued at $460,000 after purchasing an additional 66,696 shares in the last quarter. Finally, Goodnow Investment Group LLC increased its holdings in shares of Sportsman's Warehouse by 125.3% during the 2nd quarter. Goodnow Investment Group LLC now owns 488,812 shares of the company’s stock valued at $2,640,000 after purchasing an additional 271,840 shares in the last quarter.
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About Sportsman's Warehouse
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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