Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) has been given a $16.00 price objective by research analysts at Credit Suisse Group AG in a research report issued to clients and investors on Monday. The brokerage currently has a a “buy” rating on the stock. Credit Suisse Group AG’s price target would indicate a potential upside of 48.84% from the company’s previous close.

SPWH has been the subject of a number of other reports. Robert W. Baird reiterated an “outperform” rating and issued a $15.00 target price on shares of Sportsman’s Warehouse Holdings in a research report on Friday, August 19th. Zacks Investment Research upgraded shares of Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a research report on Saturday, July 23rd. DA Davidson reiterated a “neutral” rating and issued a $15.00 target price on shares of Sportsman’s Warehouse Holdings in a research report on Tuesday, October 4th. Piper Jaffray Cos. reiterated an “overweight” rating and issued a $14.00 target price (down from $16.00) on shares of Sportsman’s Warehouse Holdings in a research report on Thursday, July 7th. Finally, TheStreet upgraded shares of Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, August 18th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $14.56.

Analyst Recommendations for Sportsman`s Warehouse Holdings (NASDAQ:SPWH)

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) traded down 1.77% during midday trading on Monday, hitting $10.56. 158,949 shares of the stock traded hands. The firm has a market cap of $440.35 million, a P/E ratio of 15.11 and a beta of -0.61. Sportsman’s Warehouse Holdings has a 12-month low of $7.71 and a 12-month high of $14.18. The company’s 50-day moving average is $10.35 and its 200 day moving average is $10.13.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last issued its earnings results on Thursday, August 18th. The company reported $0.20 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.04. The business earned $189.80 million during the quarter. Sportsman’s Warehouse Holdings had a net margin of 3.92% and a negative return on equity of 1,046.38%. Sportsman’s Warehouse Holdings’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter last year, the company earned $0.14 earnings per share. On average, analysts anticipate that Sportsman’s Warehouse Holdings will post $0.74 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Paradigm Asset Management Co. LLC raised its position in shares of Sportsman’s Warehouse Holdings by 13.4% in the second quarter. Paradigm Asset Management Co. LLC now owns 12,700 shares of the company’s stock valued at $102,000 after buying an additional 1,500 shares during the period. Analytic Investors LLC bought a new position in shares of Sportsman’s Warehouse Holdings during the second quarter valued at $105,000. American International Group Inc. raised its position in shares of Sportsman’s Warehouse Holdings by 41.2% in the second quarter. American International Group Inc. now owns 14,859 shares of the company’s stock valued at $120,000 after buying an additional 4,333 shares during the period. BlackRock Group LTD raised its position in Sportsman’s Warehouse Holdings by 98.7% in the second quarter. BlackRock Group LTD now owns 15,565 shares of the company’s stock valued at $125,000 after buying an additional 7,732 shares during the last quarter. Finally, First Trust Advisors LP raised its position in Sportsman’s Warehouse Holdings by 25.0% in the second quarter. First Trust Advisors LP now owns 16,330 shares of the company’s stock valued at $132,000 after buying an additional 3,264 shares during the last quarter. 77.85% of the stock is owned by institutional investors.

Sportsman’s Warehouse Holdings Company Profile

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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