Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) were up 17.6% on Monday . The stock traded as high as $4.75 and last traded at $4.68. Approximately 4,957,500 shares traded hands during mid-day trading, an increase of 492% from the average daily volume of 837,839 shares. The stock had previously closed at $3.98.

Several analysts recently weighed in on SPWH shares. DA Davidson reaffirmed a “buy” rating and issued a $8.00 price objective on shares of Sportsman’s Warehouse Holdings in a research note on Tuesday, August 15th. MKM Partners reaffirmed a “buy” rating and issued a $7.00 price objective on shares of Sportsman’s Warehouse Holdings in a research note on Wednesday, August 16th. Piper Jaffray Companies set a $6.00 price objective on Sportsman’s Warehouse Holdings and gave the company a “hold” rating in a research note on Sunday, August 20th. Forward View set a $4.00 price objective on Sportsman’s Warehouse Holdings and gave the company a “hold” rating in a research note on Saturday, August 26th. Finally, ValuEngine lowered Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $6.50.

The stock has a market capitalization of $199.27, a P/E ratio of 8.51, a P/E/G ratio of 0.83 and a beta of -0.82. The company has a current ratio of 1.42, a quick ratio of 0.05 and a debt-to-equity ratio of 4.06.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last announced its quarterly earnings results on Thursday, November 16th. The company reported $0.23 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.01). Sportsman’s Warehouse Holdings had a net margin of 2.84% and a return on equity of 79.77%. The firm had revenue of $218.10 million for the quarter, compared to analyst estimates of $222.59 million. During the same period in the previous year, the business posted $0.25 earnings per share. The business’s revenue for the quarter was up .4% compared to the same quarter last year. equities analysts expect that Sportsman’s Warehouse Holdings, Inc. will post 0.57 EPS for the current fiscal year.

In other news, insider Jon Barker purchased 14,000 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The shares were purchased at an average cost of $4.13 per share, with a total value of $57,820.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 4.15% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. Schwab Charles Investment Management Inc. raised its position in shares of Sportsman’s Warehouse Holdings by 0.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 105,928 shares of the company’s stock worth $573,000 after acquiring an additional 684 shares during the last quarter. Nationwide Fund Advisors raised its position in shares of Sportsman’s Warehouse Holdings by 35.8% during the second quarter. Nationwide Fund Advisors now owns 20,626 shares of the company’s stock worth $111,000 after acquiring an additional 5,442 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Sportsman’s Warehouse Holdings by 4.0% during the second quarter. Bank of New York Mellon Corp now owns 149,310 shares of the company’s stock worth $806,000 after acquiring an additional 5,788 shares during the last quarter. Credit Suisse AG raised its position in shares of Sportsman’s Warehouse Holdings by 25.5% during the first quarter. Credit Suisse AG now owns 33,971 shares of the company’s stock worth $162,000 after acquiring an additional 6,897 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of Sportsman’s Warehouse Holdings by 41.2% during the second quarter. The Manufacturers Life Insurance Company now owns 31,397 shares of the company’s stock worth $169,000 after acquiring an additional 9,156 shares during the last quarter.

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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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