Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) announced its quarterly earnings data on Thursday. The company reported $0.25 EPS for the quarter, meeting the consensus estimate of $0.25. Sportsman’s Warehouse Holdings had a net margin of 3.92% and a negative return on equity of 1,046.38%. The business earned $217.16 million during the quarter, compared to analysts’ expectations of $216.29 million. During the same period in the previous year, the business posted $0.24 EPS. The business’s quarterly revenue was up 13.0% compared to the same quarter last year. Sportsman’s Warehouse Holdings updated its Q4 guidance to $0.27-0.30 EPS.

Shares of Sportsman’s Warehouse Holdings (NASDAQ:SPWH) opened at 8.22 on Friday. Sportsman’s Warehouse Holdings has a 12-month low of $7.71 and a 12-month high of $14.18. The stock’s 50 day moving average is $9.70 and its 200-day moving average is $9.70. The stock has a market cap of $342.77 million, a price-to-earnings ratio of 11.76 and a beta of -0.48.

Earnings History for Sportsman`s Warehouse Holdings (NASDAQ:SPWH)

Several institutional investors have recently made changes to their positions in SPWH. Franklin Resources Inc. increased its stake in shares of Sportsman’s Warehouse Holdings by 8.9% in the second quarter. Franklin Resources Inc. now owns 3,614,568 shares of the company’s stock valued at $29,134,000 after buying an additional 294,500 shares in the last quarter. TimesSquare Capital Management LLC bought a new stake in shares of Sportsman’s Warehouse Holdings during the second quarter valued at $16,120,000. Eagle Asset Management Inc. increased its stake in shares of Sportsman’s Warehouse Holdings by 80.5% in the second quarter. Eagle Asset Management Inc. now owns 1,743,983 shares of the company’s stock valued at $14,056,000 after buying an additional 777,539 shares in the last quarter. Stephens Investment Management Group LLC increased its stake in shares of Sportsman’s Warehouse Holdings by 41.4% in the second quarter. Stephens Investment Management Group LLC now owns 1,674,964 shares of the company’s stock valued at $13,500,000 after buying an additional 490,258 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Sportsman’s Warehouse Holdings by 25.8% in the second quarter. Vanguard Group Inc. now owns 1,018,761 shares of the company’s stock valued at $8,212,000 after buying an additional 209,106 shares in the last quarter. Institutional investors and hedge funds own 78.57% of the company’s stock.

Several analysts have commented on the stock. Robert W. Baird restated an “outperform” rating and set a $15.00 price objective on shares of Sportsman’s Warehouse Holdings in a research note on Friday, August 19th. Piper Jaffray Cos. reiterated an “overweight” rating and issued a $14.00 target price on shares of Sportsman’s Warehouse Holdings in a research note on Sunday, August 21st. TheStreet upgraded shares of Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, August 18th. DA Davidson reiterated a “neutral” rating and issued a $15.00 target price on shares of Sportsman’s Warehouse Holdings in a research note on Tuesday, October 4th. Finally, Zacks Investment Research upgraded shares of Sportsman’s Warehouse Holdings from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Tuesday, August 23rd. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $14.20.

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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