Raymond James Financial Inc. purchased a new stake in Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 302,047 shares of the company's stock, valued at approximately $806,000. Raymond James Financial Inc. owned about 0.80% of Sportsman's Warehouse at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of SPWH. R Squared Ltd bought a new stake in shares of Sportsman's Warehouse during the 4th quarter valued at about $33,000. 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 valued at $103,000 after purchasing an additional 38,038 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Sportsman's Warehouse during the 3rd quarter worth approximately $107,000. Empowered Funds LLC lifted its holdings in shares of Sportsman's Warehouse by 5.2% in the 4th quarter. Empowered Funds LLC now owns 126,683 shares of the company's stock worth $338,000 after purchasing an additional 6,225 shares during the last quarter. Finally, SkyView Investment Advisors LLC grew its stake in Sportsman's Warehouse by 5.3% during the 3rd quarter. SkyView Investment Advisors LLC now owns 184,563 shares of the company's stock worth $500,000 after buying an additional 9,332 shares during the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.
Sportsman's Warehouse Price Performance
SPWH stock traded down $0.08 during trading on Thursday, hitting $1.47. The company had a trading volume of 475,234 shares, compared to its average volume of 986,100. The firm has a market capitalization of $56.04 million, a price-to-earnings ratio of -1.67 and a beta of 0.75. The company has a current ratio of 1.20, a quick ratio of 0.06 and a debt-to-equity ratio of 0.10. The business has a 50 day moving average of $1.43 and a 200 day moving average of $2.09. Sportsman's Warehouse Holdings, Inc. has a fifty-two week low of $0.92 and a fifty-two week high of $4.44.
Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last posted its quarterly earnings data on Tuesday, April 1st. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.12. Sportsman's Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%. The business had revenue of $340.40 million during the quarter, compared to analysts' expectations of $328.67 million. As a group, research analysts predict that Sportsman's Warehouse Holdings, Inc. will post -0.65 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms have issued reports on SPWH. B. Riley reiterated a "buy" rating and issued a $3.00 target price (down from $4.00) on shares of Sportsman's Warehouse in a research note on Wednesday, April 2nd. Craig Hallum upgraded shares of Sportsman's Warehouse from a "hold" rating to a "buy" rating and set a $3.00 price objective on the stock in a research report on Wednesday, April 2nd. Finally, Roth Mkm decreased their target price on shares of Sportsman's Warehouse from $3.50 to $2.50 and set a "buy" rating for the company in a research report on Wednesday, April 2nd. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Sportsman's Warehouse presently has an average rating of "Moderate Buy" and an average price target of $2.80.
View Our Latest Stock Report on Sportsman's Warehouse
About Sportsman's Warehouse
(
Free Report)
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.
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