Forward View set a $4.00 price target on Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) in a research note published on Saturday. The firm currently has a hold rating on the stock.

A number of other research firms also recently weighed in on SPWH. Piper Jaffray Companies set a $6.00 price target on shares of Sportsman’s Warehouse Holdings and gave the company a hold rating in a research report on Sunday, August 20th. DA Davidson restated a buy rating and set a $8.00 price objective on shares of Sportsman’s Warehouse Holdings in a research report on Tuesday, August 15th. ValuEngine downgraded shares of Sportsman’s Warehouse Holdings from a buy rating to a hold rating in a research report on Friday, June 2nd. TheStreet upgraded shares of Sportsman’s Warehouse Holdings from a d+ rating to a c- rating in a research report on Tuesday, May 30th. Finally, MKM Partners restated a buy rating and set a $7.00 price objective on shares of Sportsman’s Warehouse Holdings in a research report on Wednesday, August 16th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of $7.21.

Sportsman’s Warehouse Holdings (SPWH) opened at 4.06 on Friday. The stock has a 50 day moving average price of $4.42 and a 200 day moving average price of $4.87. Sportsman’s Warehouse Holdings has a 12 month low of $3.40 and a 12 month high of $11.16. The firm has a market cap of $169.30 million, a price-to-earnings ratio of 7.44 and a beta of -0.85.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last released its quarterly earnings results on Thursday, August 17th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. Sportsman’s Warehouse Holdings had a net margin of 2.94% and a return on equity of 90.52%. The company had revenue of $191.50 million during the quarter, compared to the consensus estimate of $191.28 million. During the same period in the previous year, the business earned $0.20 earnings per share. The firm’s quarterly revenue was up .9% on a year-over-year basis. On average, equities analysts expect that Sportsman’s Warehouse Holdings will post $0.63 earnings per share for the current fiscal year.

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In other news, insider Jon Barker acquired 14,000 shares of the stock in a transaction on Wednesday, August 23rd. The stock was acquired at an average cost of $4.13 per share, for a total transaction of $57,820.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO John V. Schaefer sold 608,534 shares of the business’s stock in a transaction that occurred on Thursday, June 29th. The shares were sold at an average price of $5.45, for a total transaction of $3,316,510.30. The disclosure for this sale can be found here. Over the last 90 days, insiders have acquired 27,700 shares of company stock valued at $128,346 and have sold 1,148,821 shares valued at $6,213,192. 4.15% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. boosted its stake in Sportsman’s Warehouse Holdings by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 105,928 shares of the company’s stock worth $573,000 after buying an additional 684 shares during the last quarter. Teachers Advisors LLC boosted its stake in Sportsman’s Warehouse Holdings by 11.4% in the fourth quarter. Teachers Advisors LLC now owns 48,195 shares of the company’s stock worth $453,000 after buying an additional 4,940 shares during the last quarter. Nationwide Fund Advisors boosted its stake in Sportsman’s Warehouse Holdings by 35.8% in the second quarter. Nationwide Fund Advisors now owns 20,626 shares of the company’s stock worth $111,000 after buying an additional 5,442 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Sportsman’s Warehouse Holdings by 4.0% in the second quarter. Bank of New York Mellon Corp now owns 149,310 shares of the company’s stock worth $806,000 after buying an additional 5,788 shares during the last quarter. Finally, Credit Suisse AG boosted its stake 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 during the last quarter. Institutional investors and hedge funds own 88.42% of the company’s stock.

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.

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

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