Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) has been assigned a $16.00 target price by stock analysts at Credit Suisse Group AG in a research note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Credit Suisse Group AG’s target price points to a potential upside of 82.03% from the company’s current price.

A number of other brokerages have also recently issued reports on SPWH. Robert W. Baird reiterated an “outperform” rating and set a $15.00 target price on shares of Sportsman’s Warehouse Holdings in a research report on Friday, August 19th. Piper Jaffray Cos. reiterated an “overweight” rating and set a $14.00 target price on shares of Sportsman’s Warehouse Holdings in a research report on Sunday, August 21st. TheStreet upgraded shares of Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, August 18th. DA Davidson reiterated a “neutral” rating and set a $15.00 target price on shares of Sportsman’s Warehouse Holdings in a research report 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 report on Tuesday, August 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $14.20.

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

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) opened at 8.79 on Friday. The company has a 50-day moving average price of $9.60 and a 200 day moving average price of $9.64. Sportsman’s Warehouse Holdings has a 12-month low of $7.71 and a 12-month high of $14.18. The stock has a market cap of $366.54 million, a price-to-earnings ratio of 12.21 and a beta of -0.48.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last announced its quarterly earnings data on Thursday, November 17th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.25. Sportsman’s Warehouse Holdings had a net margin of 3.96% and a return on equity of 3,291.24%. The company earned $217.16 million during the quarter. During the same quarter in the prior year, the company posted $0.24 EPS. The company’s quarterly revenue was up 13.0% compared to the same quarter last year. On average, equities research analysts predict that Sportsman’s Warehouse Holdings will post $0.74 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. raised its position in shares of Sportsman’s Warehouse Holdings by 3.2% in the second quarter. Ameriprise Financial Inc. now owns 542,612 shares of the company’s stock valued at $4,374,000 after buying an additional 16,618 shares during the period. Blair William & Co. IL raised its position in shares of Sportsman’s Warehouse Holdings by 29.4% in the second quarter. Blair William & Co. IL now owns 18,945 shares of the company’s stock valued at $153,000 after buying an additional 4,300 shares during the period. Mesirow Financial Investment Management Equity Management acquired a new position in shares of Sportsman’s Warehouse Holdings during the second quarter valued at about $272,000. Stephens Investment Management Group LLC raised its position 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 during the period. Finally, First Trust Advisors LP raised its position in shares of 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 period. 77.95% of the stock is currently owned by institutional investors.

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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