Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.27-0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.29. The company issued revenue guidance of $230-235 million, compared to the consensus revenue estimate of $230.67 million.

Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) opened at 8.22 on Friday. The firm has a market capitalization of $342.77 million, a P/E ratio of 11.76 and a beta of -0.48. The company has a 50 day moving average of $9.70 and a 200 day moving average of $9.70. Sportsman’s Warehouse Holdings Inc. has a 1-year low of $7.71 and a 1-year high of $14.18.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last posted its quarterly earnings results on Thursday, November 17th. The company reported $0.25 earnings per share (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 the consensus estimate of $216.29 million. During the same quarter last year, the firm posted $0.24 EPS. Sportsman’s Warehouse Holdings’s revenue was up 13.0% compared to the same quarter last year. On average, equities research analysts anticipate that Sportsman’s Warehouse Holdings Inc. will post $0.74 earnings per share for the current year.

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

Several analysts recently issued reports on the stock. DA Davidson reissued a buy rating on shares of Sportsman’s Warehouse Holdings in a research report on Monday, August 15th. Zacks Investment Research upgraded Sportsman’s Warehouse Holdings from a sell rating to a hold rating in a research note on Saturday, November 12th. Piper Jaffray Cos. restated an overweight rating and set a $14.00 price objective on shares of Sportsman’s Warehouse Holdings in a research note on Sunday, August 21st. Goldman Sachs Group Inc. restated a buy rating and set a $15.00 price objective on shares of Sportsman’s Warehouse Holdings in a research note on Monday, August 15th. Finally, TheStreet upgraded Sportsman’s Warehouse Holdings from a sell rating to a hold rating in a research note on Thursday, August 18th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of $14.20.

A number of large investors have recently made changes to their positions in SPWH. Paradigm Asset Management Co. LLC boosted its stake 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 worth $102,000 after buying an additional 1,500 shares in the last quarter. Analytic Investors LLC purchased a new stake in shares of Sportsman’s Warehouse Holdings during the second quarter worth about $105,000. American International Group Inc. boosted its stake 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 worth $120,000 after buying an additional 4,333 shares in the last quarter. BlackRock Group LTD boosted its stake in shares of Sportsman’s Warehouse Holdings by 98.7% in the second quarter. BlackRock Group LTD now owns 15,565 shares of the company’s stock worth $125,000 after buying an additional 7,732 shares in the last quarter. Finally, Nationwide Fund Advisors boosted its stake in shares of Sportsman’s Warehouse Holdings by 40.7% in the second quarter. Nationwide Fund Advisors now owns 16,841 shares of the company’s stock worth $136,000 after buying an additional 4,869 shares in the last quarter. Institutional investors and hedge funds own 78.57% of the company’s stock.

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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