Piper Jaffray Companies reiterated their hold rating on shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) in a report released on Sunday. They currently have a $6.00 price target on the stock.

A number of other research analysts have also recently commented on the company. Robert W. Baird restated a buy rating and issued a $7.00 target price on shares of Sportsman’s Warehouse Holdings in a research note on Thursday, September 21st. MKM Partners reiterated a buy rating and set a $7.00 price objective on shares of Sportsman’s Warehouse Holdings in a research note on Wednesday, August 16th. DA Davidson reissued a buy rating and issued a $8.00 target price on shares of Sportsman’s Warehouse Holdings in a report on Tuesday, August 15th. ValuEngine cut Sportsman’s Warehouse Holdings from a buy rating to a hold rating in a research note on Friday, September 1st. Finally, Forward View set a $4.00 price target on Sportsman’s Warehouse Holdings and gave the stock a hold rating in a research report on Saturday, August 26th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $6.81.

Shares of Sportsman’s Warehouse Holdings (SPWH) opened at 4.51 on Friday. The company’s 50 day moving average price is $4.19 and its 200 day moving average price is $4.72. The company has a market cap of $188.07 million, a price-to-earnings ratio of 8.26 and a beta of -0.80. 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 posted its earnings results on Thursday, August 17th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.02. The firm had revenue of $191.50 million for the quarter, compared to analysts’ expectations of $191.28 million. Sportsman’s Warehouse Holdings had a return on equity of 90.52% and a net margin of 2.94%. The business’s revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.20 earnings per share. On average, equities analysts expect that Sportsman’s Warehouse Holdings will post $0.63 EPS for the current fiscal year.

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In other news, Director Kay L. Toolson bought 10,000 shares of the stock in a transaction on Thursday, July 13th. The shares were bought at an average price of $5.00 per share, with a total value of $50,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jon Barker bought 14,000 shares of the stock in a transaction on Wednesday, August 23rd. The stock was purchased at an average cost of $4.13 per share, for a total transaction of $57,820.00. The disclosure for this purchase can be found here. Insiders have bought a total of 25,700 shares of company stock worth $116,626 over the last three months. Insiders own 4.15% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Boston Private Wealth LLC purchased a new stake in shares of Sportsman’s Warehouse Holdings during the 2nd quarter valued at about $6,750,000. Dimensional Fund Advisors LP boosted its holdings in shares of Sportsman’s Warehouse Holdings by 55.7% in the second quarter. Dimensional Fund Advisors LP now owns 965,506 shares of the company’s stock worth $5,214,000 after buying an additional 345,564 shares during the last quarter. Weber Alan W purchased a new position in shares of Sportsman’s Warehouse Holdings in the first quarter worth approximately $1,362,000. Goodnow Investment Group LLC boosted its holdings in shares of Sportsman’s Warehouse Holdings by 125.3% in the second quarter. Goodnow Investment Group LLC now owns 488,812 shares of the company’s stock worth $2,640,000 after buying an additional 271,840 shares during the last quarter. Finally, Boston Partners boosted its holdings in shares of Sportsman’s Warehouse Holdings by 7.1% in the second quarter. Boston Partners now owns 2,567,567 shares of the company’s stock worth $13,865,000 after buying an additional 169,176 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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