Somewhat Positive Press Coverage Somewhat Unlikely to Affect Sportsman’s Warehouse Holdings (SPWH) Share Price
News headlines about Sportsman’s Warehouse Holdings (NASDAQ:SPWH) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sportsman’s Warehouse Holdings earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.7575117964452 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several brokerages have recently issued reports on SPWH. TheStreet raised shares of Sportsman’s Warehouse Holdings from a “d+” rating to a “c-” rating in a research note on Tuesday, May 30th. MKM Partners reaffirmed a “buy” rating and issued a $7.00 target price on shares of Sportsman’s Warehouse Holdings in a research note on Wednesday, August 16th. DA Davidson reaffirmed a “buy” rating and issued a $8.00 target price on shares of Sportsman’s Warehouse Holdings in a research note on Tuesday, August 15th. Piper Jaffray Companies set a $6.00 target price on shares of Sportsman’s Warehouse Holdings and gave the company a “hold” rating in a research note on Sunday, August 20th. Finally, Ifs Securities began coverage on shares of Sportsman’s Warehouse Holdings in a research note on Friday. They issued a “market perform” rating and a $5.00 target price on the stock. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Sportsman’s Warehouse Holdings currently has an average rating of “Hold” and a consensus price target of $6.94.
Shares of Sportsman’s Warehouse Holdings (SPWH) opened at 4.30 on Tuesday. The firm has a market capitalization of $179.31 million, a P/E ratio of 7.88 and a beta of -0.83. The company has a 50 day moving average of $4.20 and a 200-day moving average of $4.73. Sportsman’s Warehouse Holdings has a 12 month low of $3.40 and a 12 month high of $11.16.
Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last announced its earnings results on Thursday, August 17th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.02. Sportsman’s Warehouse Holdings had a return on equity of 90.52% and a net margin of 2.94%. The business had revenue of $191.50 million for the quarter, compared to analysts’ expectations of $191.28 million. During the same period in the prior year, the business posted $0.20 earnings per share. The firm’s revenue was up .9% on a year-over-year basis. Analysts predict that Sportsman’s Warehouse Holdings will post $0.63 EPS for the current year.
In related news, insider Jon Barker bought 14,000 shares of Sportsman’s Warehouse Holdings stock in a transaction that occurred on Wednesday, August 23rd. The shares were acquired at an average cost of $4.13 per share, for a total transaction of $57,820.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John V. Schaefer sold 473,724 shares of the company’s stock in a transaction that occurred on Monday, June 26th. The shares were sold at an average price of $5.37, for a total value of $2,543,897.88. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 25,700 shares of company stock worth $116,626 and sold 1,148,821 shares worth $6,213,192. Corporate insiders own 4.15% of the company’s stock.
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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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