Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) issued an update on its second quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.12-0.14 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.13. The company issued revenue guidance of $189.0-194.0 million, compared to the consensus revenue estimate of $192.22 million.Sportsman's Warehouse Holdings also updated its FY18 guidance to $0.60-0.68 EPS.

Shares of Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) opened at 4.73 on Friday. The stock’s 50 day moving average is $4.54 and its 200-day moving average is $6.72. Sportsman's Warehouse Holdings Inc has a one year low of $3.86 and a one year high of $11.30. The company has a market cap of $197.24 million, a P/E ratio of 6.76 and a beta of -0.55.

Sportsman's Warehouse Holdings (NASDAQ:SPWH) last issued its quarterly earnings data on Thursday, May 18th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.01. The firm had revenue of $156.90 million for the quarter, compared to analysts’ expectations of $153.06 million. Sportsman's Warehouse Holdings had a net margin of 3.96% and a return on equity of 564.51%. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. Equities research analysts forecast that Sportsman's Warehouse Holdings Inc will post $0.64 earnings per share for the current year.

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

Several equities analysts recently commented on SPWH shares. Forward View cut shares of Sportsman's Warehouse Holdings from a buy rating to a hold rating in a research note on Wednesday, February 15th. Credit Suisse Group AG reduced their price objective on shares of Sportsman's Warehouse Holdings from $16.00 to $11.00 and set an outperform rating for the company in a research note on Monday, February 6th. Zacks Investment Research raised shares of Sportsman's Warehouse Holdings from a sell rating to a hold rating in a research note on Wednesday, March 29th. Piper Jaffray Companies reduced their price objective on shares of Sportsman's Warehouse Holdings from $14.00 to $10.00 and set an overweight rating for the company in a research note on Tuesday, February 7th. Finally, DA Davidson set a $7.00 price objective on shares of Sportsman's Warehouse Holdings and gave the company a buy rating in a research note on Thursday, March 16th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has an average rating of Buy and a consensus target price of $8.19.

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A number of institutional investors have recently added to or reduced their stakes in SPWH. Goldman Sachs Group Inc. boosted its position in Sportsman's Warehouse Holdings by 71.1% in the first quarter. Goldman Sachs Group Inc. now owns 23,956 shares of the company’s stock worth $115,000 after buying an additional 9,952 shares in the last quarter. Credit Suisse AG boosted its position in Sportsman's Warehouse Holdings by 25.5% in the first quarter. Credit Suisse AG now owns 33,971 shares of the company’s stock worth $162,000 after buying an additional 6,897 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its position in Sportsman's Warehouse Holdings by 6.2% in the first quarter. Schwab Charles Investment Management Inc. now owns 105,244 shares of the company’s stock worth $504,000 after buying an additional 6,156 shares in the last quarter. Renaissance Technologies LLC boosted its position in Sportsman's Warehouse Holdings by 12.8% in the first quarter. Renaissance Technologies LLC now owns 299,463 shares of the company’s stock worth $1,431,000 after buying an additional 33,889 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Sportsman's Warehouse Holdings by 11.4% in the first quarter. Dimensional Fund Advisors LP now owns 619,942 shares of the company’s stock worth $2,963,000 after buying an additional 63,400 shares in the last quarter. 80.41% of the stock is owned by institutional investors and hedge funds.

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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