Shares of Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) have received an average recommendation of “Buy” from the twelve research firms that are currently covering the stock. Three analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $14.14.

SPWH has been the topic of several recent research reports. Zacks Investment Research raised shares of Sportsman’s Warehouse Holdings from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research report on Tuesday, August 23rd. MKM Partners reissued a “buy” rating and set a $13.00 price target on shares of Sportsman’s Warehouse Holdings in a research report on Tuesday, June 21st. Goldman Sachs Group Inc. reissued a “buy” rating and set a $15.00 price target on shares of Sportsman’s Warehouse Holdings in a research report on Monday, August 15th. DA Davidson reissued a “buy” rating on shares of Sportsman’s Warehouse Holdings in a research report on Monday, August 15th. Finally, TheStreet raised shares of Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, August 18th.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) remained flat at $10.75 on Monday. 64,039 shares of the stock were exchanged. The firm has a market cap of $448.28 million, a PE ratio of 15.38 and a beta of -0.61. Sportsman’s Warehouse Holdings has a one year low of $7.71 and a one year high of $14.18. The company’s 50 day moving average is $10.36 and its 200 day moving average is $10.19.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last announced its earnings results on Thursday, August 18th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.04. Sportsman’s Warehouse Holdings had a net margin of 3.92% and a negative return on equity of 1,046.38%. The company had revenue of $189.80 million for the quarter. During the same period last year, the firm earned $0.14 EPS. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. Equities research analysts expect that Sportsman’s Warehouse Holdings will post $0.74 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of SPWH. Franklin Resources Inc. raised its stake in shares of Sportsman’s Warehouse Holdings by 1.1% in the first quarter. Franklin Resources Inc. now owns 3,320,068 shares of the company’s stock worth $41,833,000 after buying an additional 34,546 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in shares of Sportsman’s Warehouse Holdings during the first quarter worth about $225,000. Cupps Capital Management LLC raised its stake in shares of Sportsman’s Warehouse Holdings by 153.4% in the first quarter. Cupps Capital Management LLC now owns 212,518 shares of the company’s stock worth $2,677,000 after buying an additional 128,647 shares during the period. Miles Capital Inc. acquired a new stake in shares of Sportsman’s Warehouse Holdings during the first quarter worth about $227,000. Finally, State Street Corp raised its stake in shares of Sportsman’s Warehouse Holdings by 2.3% in the first quarter. State Street Corp now owns 226,651 shares of the company’s stock worth $2,858,000 after buying an additional 5,146 shares during the period. Institutional investors own 77.85% of the company’s stock.

About Sportsman’s Warehouse Holdings

Sportsman’s Warehouse Holdings, Inc is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 70 stores across approximately 20 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations.

5 Day Chart for NASDAQ:SPWH

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