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 rating of "Moderate Buy" from the six ratings firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $3.20.

A number of equities research analysts have issued reports on the company. B. Riley raised Sportsman's Warehouse from a "neutral" rating to a "buy" rating and boosted their price target for the company from $2.00 to $4.00 in a research report 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 Trading Down 4.4 %

SPWH stock traded down $0.08 during trading on Monday, reaching $1.73. 1,478,255 shares of the stock traded hands, compared to its average volume of 402,320. The business's 50 day moving average price is $2.27 and its 200-day moving average price is $2.39. Sportsman's Warehouse has a 52-week low of $1.72 and a 52-week high of $4.44. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.20 and a quick ratio of 0.06. The firm has a market capitalization of $65.67 million, a PE ratio of -1.97 and a beta of 0.48.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last posted its quarterly earnings results on Tuesday, December 10th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.09. Sportsman's Warehouse had a negative return on equity of 11.72% and a negative net margin of 2.69%. As a group, sell-side analysts forecast that Sportsman's Warehouse will post -0.65 earnings per share for the current year.

Institutional Investors Weigh In On Sportsman's Warehouse

Institutional investors and hedge funds have recently modified their holdings of the stock. OneDigital Investment Advisors LLC boosted its holdings in Sportsman's Warehouse by 3.9% in the third quarter. OneDigital Investment Advisors LLC now owns 131,670 shares of the company's stock valued at $357,000 after purchasing an additional 4,909 shares during the last quarter. Empowered Funds LLC boosted its holdings in Sportsman's Warehouse by 5.3% in the third quarter. Empowered Funds LLC now owns 120,458 shares of the company's stock valued at $326,000 after purchasing an additional 6,030 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in Sportsman's Warehouse by 1.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 555,047 shares of the company's stock valued at $1,482,000 after purchasing an additional 6,972 shares during the last quarter. SkyView Investment Advisors LLC boosted its holdings in Sportsman's Warehouse by 5.3% in the third quarter. SkyView Investment Advisors LLC now owns 184,563 shares of the company's stock valued at $500,000 after purchasing an additional 9,332 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Sportsman's Warehouse by 2.4% in the third quarter. Geode Capital Management LLC now owns 434,022 shares of the company's stock valued at $1,176,000 after purchasing an additional 10,058 shares during the last quarter. Hedge funds and other institutional investors own 83.04% of the company's stock.

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.