Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) Given Consensus Rating of "Moderate Buy" by Analysts

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Get Free Report) has received an average recommendation of "Moderate Buy" from the six analysts that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $3.20.

SPWH has been the subject of a number of analyst reports. StockNews.com raised Sportsman's Warehouse from a "sell" rating to a "hold" rating in a research note on Saturday, November 30th. B. Riley raised Sportsman's Warehouse from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $2.00 to $4.00 in a report on Wednesday, December 11th.

Hedge Funds Weigh In On Sportsman's Warehouse

Several hedge funds have recently bought and sold shares of the company. Portolan Capital Management LLC acquired a new stake in Sportsman's Warehouse in the third quarter valued at $2,565,000. GSA Capital Partners LLP grew its stake in Sportsman's Warehouse by 665.0% in the 3rd quarter. GSA Capital Partners LLP now owns 544,373 shares of the company's stock valued at $1,475,000 after acquiring an additional 473,212 shares during the last quarter. FMR LLC grew its stake in Sportsman's Warehouse by 3.3% in the 3rd quarter. FMR LLC now owns 5,441,705 shares of the company's stock valued at $14,747,000 after acquiring an additional 174,858 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in Sportsman's Warehouse during the 2nd quarter valued at about $384,000. Finally, Squarepoint Ops LLC acquired a new position in Sportsman's Warehouse during the second quarter worth about $199,000. 83.04% of the stock is owned by hedge funds and other institutional investors.

Sportsman's Warehouse Stock Performance

Shares of Sportsman's Warehouse stock traded down $0.04 on Thursday, reaching $2.19. 209,024 shares of the stock were exchanged, compared to its average volume of 409,022. 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 firm has a market capitalization of $83.13 million, a PE ratio of -2.49 and a beta of 0.52. Sportsman's Warehouse has a 1-year low of $1.81 and a 1-year high of $4.44. The business has a fifty day moving average price of $2.33 and a two-hundred day moving average price of $2.43.

About Sportsman's Warehouse

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.