Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) announced its quarterly earnings results on Thursday. The company reported $0.23 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.01), Briefing.com reports. The firm had revenue of $218.10 million for the quarter, compared to analysts’ expectations of $222.59 million. Sportsman’s Warehouse Holdings had a return on equity of 90.52% and a net margin of 2.94%. Sportsman’s Warehouse Holdings’s revenue was up .4% compared to the same quarter last year. During the same period last year, the firm earned $0.25 EPS. Sportsman’s Warehouse Holdings updated its Q4 guidance to $0.26-0.29 EPS.

Shares of Sportsman’s Warehouse Holdings (NASDAQ SPWH) opened at $3.98 on Friday. Sportsman’s Warehouse Holdings has a 52 week low of $3.40 and a 52 week high of $9.86. The company has a quick ratio of 0.05, a current ratio of 1.42 and a debt-to-equity ratio of 4.06. The stock has a market capitalization of $168.61, a P/E ratio of 6.95, a P/E/G ratio of 0.64 and a beta of -0.82.

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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 purchased at an average price of $4.13 per share, with a total value of $57,820.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 4.15% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of the business. State Street Corp lifted its stake in shares of Sportsman’s Warehouse Holdings by 4.7% during the 2nd quarter. State Street Corp now owns 395,418 shares of the company’s stock worth $2,134,000 after purchasing an additional 17,892 shares during the period. California State Teachers Retirement System lifted its stake in shares of Sportsman’s Warehouse Holdings by 23.5% during the 2nd quarter. California State Teachers Retirement System now owns 64,124 shares of the company’s stock worth $346,000 after purchasing an additional 12,200 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Sportsman’s Warehouse Holdings by 41.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,397 shares of the company’s stock worth $169,000 after purchasing an additional 9,156 shares during the period. 94.98% of the stock is currently owned by institutional investors.

Several equities research analysts have recently commented on SPWH shares. Robert W. Baird reissued a “buy” rating and set a $7.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Thursday, September 21st. Piper Jaffray Companies reissued a “hold” rating and set a $6.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Sunday, October 1st. DA Davidson reissued a “buy” rating and set a $8.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Tuesday, August 15th. Ifs Securities reissued a “market perform” rating and set a $5.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Friday, September 15th. Finally, Forward View set a $4.00 target price on Sportsman’s Warehouse Holdings and gave the company a “hold” rating in a research note on Saturday, August 26th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $6.69.

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.

Earnings History for Sportsman`s Warehouse Holdings (NASDAQ:SPWH)

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