Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.42 and traded as low as $2.02. Sportsman's Warehouse shares last traded at $2.04, with a volume of 302,716 shares.
Analysts Set New Price Targets
Several research firms recently weighed in on SPWH. StockNews.com upgraded Sportsman's Warehouse from a "sell" rating to a "hold" rating in a research report on Saturday, November 30th. B. Riley raised Sportsman's Warehouse from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $2.00 to $4.00 in a research report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $3.20.
View Our Latest Stock Report on Sportsman's Warehouse
Sportsman's Warehouse Price Performance
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 stock has a 50 day simple moving average of $2.31 and a 200-day simple moving average of $2.41. The firm has a market cap of $74.02 million, a PE ratio of -2.22 and a beta of 0.48.
Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last released its earnings results 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 return on equity of 11.72% and a negative net margin of 2.69%. Equities analysts anticipate that Sportsman's Warehouse Holdings, Inc. will post -0.65 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Sportsman's Warehouse
Hedge funds have recently modified their holdings of the stock. Ground Swell Capital LLC bought a new stake in Sportsman's Warehouse in the 3rd quarter valued at $28,000. R Squared Ltd purchased a new position in shares of Sportsman's Warehouse during the fourth quarter valued at about $33,000. Barclays PLC increased its holdings in shares of Sportsman's Warehouse by 25,025.0% in the third quarter. Barclays PLC now owns 38,190 shares of the company's stock worth $103,000 after purchasing an additional 38,038 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of Sportsman's Warehouse in the third quarter worth about $107,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Sportsman's Warehouse during the third quarter valued at approximately $168,000. Hedge funds and other institutional investors own 83.04% of the company's stock.
About Sportsman's Warehouse
(
Get 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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