Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Given Average Recommendation of “Moderate Buy” by Brokerages

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $3.20.

Several equities research analysts have issued reports on SPWH shares. B. Riley raised Sportsman’s Warehouse from a “neutral” rating to a “buy” rating and raised their target price for the stock from $2.00 to $4.00 in a research note on Wednesday, December 11th. StockNews.com raised Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Saturday, November 30th.

Sportsman’s Warehouse Stock Up 2.3 %

Shares of SPWH opened at $1.33 on Friday. Sportsman’s Warehouse has a 52-week low of $1.17 and a 52-week high of $4.44. The company has a quick ratio of 0.06, a current ratio of 1.20 and a debt-to-equity ratio of 0.10. The stock has a fifty day simple moving average of $2.02 and a two-hundred day simple moving average of $2.33. The company has a market capitalization of $50.48 million, a PE ratio of -1.51 and a beta of 0.48.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its quarterly earnings data on Tuesday, December 10th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.09. Sportsman’s Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%. As a group, equities analysts forecast that Sportsman’s Warehouse will post -0.65 EPS for the current year.

Institutional Investors Weigh In On Sportsman’s Warehouse

Large investors have recently modified their holdings of the company. Balyasny Asset Management L.P. purchased a new stake in Sportsman’s Warehouse in the 4th quarter valued at $33,000. R Squared Ltd acquired a new position in Sportsman’s Warehouse in the fourth quarter valued at $33,000. Mink Brook Asset Management LLC purchased a new stake in shares of Sportsman’s Warehouse in the fourth quarter valued at about $41,000. Greenwood Gearhart Inc. acquired a new stake in shares of Sportsman’s Warehouse during the fourth quarter worth about $85,000. Finally, Barclays PLC grew its holdings in shares of Sportsman’s Warehouse by 25,025.0% during the third quarter. Barclays PLC now owns 38,190 shares of the company’s stock worth $103,000 after buying an additional 38,038 shares during the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

Sportsman’s Warehouse Company Profile

Sportsman’s Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.