Shares of Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) have been given an average recommendation of “Hold” by the ten brokerages that are presently covering the company. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $7.64.
Several research analysts recently issued reports on SPWH shares. Robert W. Baird set a $8.00 price target on shares of Sportsman's Warehouse Holdings and gave the stock a “buy” rating in a report on Saturday, March 25th. Forward View raised shares of Sportsman's Warehouse Holdings from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a report on Thursday, January 5th. DA Davidson set a $7.00 target price on shares of Sportsman's Warehouse Holdings and gave the company a “buy” rating in a report on Thursday, March 16th. Zacks Investment Research raised shares of Sportsman's Warehouse Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, March 15th. Finally, Piper Jaffray Companies cut shares of Sportsman's Warehouse Holdings from an “overweight” rating to a “neutral” rating and set a $4.00 target price for the company. in a report on Friday, March 24th.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Peregrine Capital Management LLC bought a new position in shares of Sportsman's Warehouse Holdings during the third quarter worth about $10,687,000. Hood River Capital Management LLC acquired a new position in shares of Sportsman's Warehouse Holdings during the third quarter worth $9,893,000. Tyvor Capital LLC acquired a new position in shares of Sportsman's Warehouse Holdings during the fourth quarter worth $7,102,000. Scopus Asset Management L.P. acquired a new position in shares of Sportsman's Warehouse Holdings during the third quarter worth $5,111,000. Finally, Two Sigma Investments LP boosted its position in shares of Sportsman's Warehouse Holdings by 1,427.6% in the fourth quarter. Two Sigma Investments LP now owns 333,177 shares of the company’s stock worth $3,129,000 after buying an additional 311,367 shares during the period. 80.41% of the stock is owned by institutional investors.
Shares of Sportsman's Warehouse Holdings (NASDAQ:SPWH) traded up 1.247% on Wednesday, reaching $4.465. 620,743 shares of the company’s stock traded hands. The firm has a market capitalization of $186.19 million, a P/E ratio of 6.379 and a beta of -0.55. Sportsman's Warehouse Holdings has a 52 week low of $4.14 and a 52 week high of $11.61. The company’s 50-day moving average is $4.59 and its 200-day moving average is $7.56.
Sportsman's Warehouse Holdings (NASDAQ:SPWH) last posted its quarterly earnings results on Thursday, March 23rd. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.01. The firm had revenue of $221.40 million for the quarter, compared to analysts’ expectations of $227.73 million. Sportsman's Warehouse Holdings had a return on equity of 564.51% and a net margin of 3.96%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.27 earnings per share. Equities research analysts anticipate that Sportsman's Warehouse Holdings will post $0.64 earnings per share for the current fiscal year.
TRADEMARK VIOLATION WARNING: “Brokerages Set Sportsman's Warehouse Holdings Inc (SPWH) PT at $11.83” was originally reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.chaffeybreeze.com/2017/04/21/sportsmans-warehouse-holdings-inc-spwh-receives-11-83-consensus-target-price-from-brokerages-updated-updated.html.
About Sportsman's Warehouse Holdings
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.
Receive News & Ratings for Sportsman's Warehouse Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sportsman's Warehouse Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.