Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have received a consensus recommendation of “Hold” from the ten research firms that are presently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $8.42.

Several brokerages recently issued reports on SPWH. Forward View lowered shares of Sportsman’s Warehouse Holdings from a “hold” rating to a “sell” rating and set a $4.00 price target on the stock. in a report on Saturday, March 25th. Robert W. Baird set a $8.00 price target on shares of Sportsman’s Warehouse Holdings and gave the company a “buy” rating in a report on Saturday, March 25th. TheStreet raised shares of Sportsman’s Warehouse Holdings from a “d+” rating to a “c-” rating in a report on Tuesday, May 30th. Goldman Sachs Group, Inc. (The) downgraded shares of Sportsman’s Warehouse Holdings from a “buy” rating to a “neutral” rating and cut their target price for the stock from $8.50 to $6.50 in a research report on Sunday, March 26th. Finally, Zacks Investment Research upgraded shares of Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, April 11th.

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In other news, Director Kay L. Toolson purchased 10,000 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were purchased at an average price of $5.62 per share, for a total transaction of $56,200.00. Following the transaction, the director now owns 77,916 shares of the company’s stock, valued at $437,887.92. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 3.60% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. bought a new stake in Sportsman’s Warehouse Holdings during the fourth quarter valued at $650,000. Skylands Capital LLC raised its stake in Sportsman’s Warehouse Holdings by 71.1% in the first quarter. Skylands Capital LLC now owns 344,400 shares of the company’s stock valued at $1,646,000 after buying an additional 143,100 shares in the last quarter. Crystal Rock Capital Management raised its stake in Sportsman’s Warehouse Holdings by 9.4% in the third quarter. Crystal Rock Capital Management now owns 288,651 shares of the company’s stock valued at $3,037,000 after buying an additional 24,800 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Sportsman’s Warehouse Holdings by 23.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 556,542 shares of the company’s stock valued at $5,226,000 after buying an additional 107,006 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of Sportsman’s Warehouse Holdings during the fourth quarter worth approximately $2,494,000. Institutional investors own 79.63% of the company’s stock.

Sportsman’s Warehouse Holdings (SPWH) traded down 0.70% during midday trading on Tuesday, hitting $5.66. The stock had a trading volume of 736,642 shares. Sportsman’s Warehouse Holdings has a 52 week low of $3.86 and a 52 week high of $11.30. The company has a market cap of $236.02 million, a PE ratio of 9.74 and a beta of -0.80. The stock’s 50 day moving average price is $5.19 and its 200-day moving average price is $6.27.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last announced its quarterly earnings results on Thursday, May 25th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.01. The company had revenue of $156.90 million for the quarter, compared to the consensus estimate of $153.06 million. Sportsman’s Warehouse Holdings had a net margin of 3.16% and a return on equity of 127.68%. The firm’s revenue was up 3.5% on a year-over-year basis. Equities research analysts predict that Sportsman’s Warehouse Holdings will post $0.64 earnings per share for the current year.

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.

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