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The 10 Best Penny Stocks to Buy Now - 5 of 10

 
 

#5 - Sportsman’s Warehouse (NASDAQ:SPWH)

Sportsman’s Warehouse (NASDAQ: SPWH) - With a trailing P/E ratio that is significantly below the S&P 500 at 11.5 and same-store sales growth of 3.4% in the first quarter of 2018, Sportsman’s Warehouse is giving off some strong technical vibes that say it is undervalued. However, analysts are looking at their sales numbers with a little skepticism. While the company showed a profit in its most recent earnings statement, its earnings per share (when calculated with GAAP standards) was $0.15, unchanged on a year-over-year basis. Revenue growth that is not matched by earnings growth may be a sign that the company is increasing expenses which may explain why the company has not been growing along with the specialty retail sector. Still, the company is projecting strong revenue and EPS numbers for the remainder of 2018 which should provide support for the stock’s recent movement.

In large part due to their positive earnings report, the stock has moved past its simple moving average and still has room before it would hit its 52-week high. The stock is trading at 7x next year’s consensus EPS.

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. Read More 
Current Price
$2.29
Consensus Rating
Moderate Buy
Ratings Breakdown
4 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$3.20 (39.7% Upside)

 

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