Roth Capital Has Pessimistic Outlook of SPWH Q3 Earnings

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) - Analysts at Roth Capital reduced their Q3 2026 earnings estimates for shares of Sportsman's Warehouse in a research report issued to clients and investors on Tuesday, April 1st. Roth Capital analyst M. Koranda now expects that the company will post earnings per share of $0.07 for the quarter, down from their prior estimate of $0.12. The consensus estimate for Sportsman's Warehouse's current full-year earnings is ($0.65) per share. Roth Capital also issued estimates for Sportsman's Warehouse's Q4 2026 earnings at $0.09 EPS.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last issued its earnings results on Tuesday, April 1st. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.12. The company had revenue of $340.40 million during the quarter, compared to the consensus estimate of $328.67 million. Sportsman's Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%.

Several other equities research analysts have also recently issued reports on the stock. 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. B. Riley reissued a "buy" rating and set a $3.00 price objective (down previously from $4.00) on shares of Sportsman's Warehouse in a report on Wednesday, April 2nd. Finally, Roth Mkm reduced their target price on Sportsman's Warehouse from $3.50 to $2.50 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $2.80.

Sportsman's Warehouse Price Performance

Shares of NASDAQ:SPWH traded down $0.17 during trading on Thursday, hitting $1.47. 636,364 shares of the company's stock were exchanged, compared to its average volume of 981,781. The business's 50-day simple moving average is $1.48 and its 200 day simple moving average is $2.13. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.20 and a quick ratio of 0.06. Sportsman's Warehouse has a 52-week low of $0.92 and a 52-week high of $4.44. The company has a market cap of $56.04 million, a price-to-earnings ratio of -1.67 and a beta of 0.75.

Institutional Trading of Sportsman's Warehouse

Hedge funds have recently made changes to their positions in the business. R Squared Ltd purchased a new stake in shares of Sportsman's Warehouse in the fourth quarter valued at $33,000. Balyasny Asset Management L.P. bought a new position in Sportsman's Warehouse in the fourth quarter worth approximately $33,000. Mink Brook Asset Management LLC bought a new position in shares of Sportsman's Warehouse in the 4th quarter worth $41,000. Greenwood Gearhart Inc. purchased a new stake in shares of Sportsman's Warehouse during the fourth quarter valued at about $85,000. Finally, Barclays PLC lifted its position in 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 acquiring an additional 38,038 shares during the last quarter. 83.04% of the stock is currently owned by hedge funds and other institutional investors.

About Sportsman's Warehouse

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.