Sportsman’s Warehouse (NASDAQ:SPWH) has been given a $7.00 target price by stock analysts at DA Davidson in a research report issued to clients and investors on Wednesday. The firm presently has a “buy” rating on the stock. DA Davidson’s price target would indicate a potential upside of 34.36% from the company’s current price.

A number of other brokerages have also recently commented on SPWH. ValuEngine raised Sportsman’s Warehouse from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Forward View set a $4.00 price target on Sportsman’s Warehouse and gave the stock a “hold” rating in a research note on Saturday, November 18th. Zacks Investment Research cut Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a research note on Tuesday, November 21st. Piper Jaffray Companies reissued a “hold” rating and set a $6.00 target price on shares of Sportsman’s Warehouse in a research note on Sunday, October 1st. Finally, Ifs Securities reissued a “market perform” rating and set a $5.00 target price on shares of Sportsman’s Warehouse in a research note on Friday, September 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $6.56.

Shares of Sportsman’s Warehouse (NASDAQ:SPWH) traded down $0.21 during trading on Wednesday, reaching $5.21. The company’s stock had a trading volume of 642,900 shares, compared to its average volume of 839,345. The company has a quick ratio of 0.03, a current ratio of 1.54 and a debt-to-equity ratio of 3.09. The stock has a market cap of $230.78, a PE ratio of 9.85, a P/E/G ratio of 0.96 and a beta of -0.66. Sportsman’s Warehouse has a 1-year low of $3.40 and a 1-year high of $9.86.

Sportsman’s Warehouse (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). The company had revenue of $218.10 million during the quarter, compared to analysts’ expectations of $222.59 million. Sportsman’s Warehouse had a return on equity of 71.55% and a net margin of 2.84%. Sportsman’s Warehouse’s revenue for the quarter was up .4% on a year-over-year basis. During the same period last year, the firm earned $0.25 earnings per share. sell-side analysts forecast that Sportsman’s Warehouse will post 0.57 earnings per share for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of SPWH. California Public Employees Retirement System purchased a new position in shares of Sportsman’s Warehouse during the first quarter valued at approximately $122,000. Vanguard Group Inc. boosted its position in shares of Sportsman’s Warehouse by 14.4% during the first quarter. Vanguard Group Inc. now owns 1,315,965 shares of the company’s stock valued at $6,290,000 after purchasing an additional 165,638 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Sportsman’s Warehouse by 4.5% during the first quarter. Geode Capital Management LLC now owns 240,038 shares of the company’s stock valued at $1,147,000 after purchasing an additional 10,300 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Sportsman’s Warehouse by 11.4% during the first quarter. Dimensional Fund Advisors LP now owns 619,942 shares of the company’s stock valued at $2,963,000 after purchasing an additional 63,400 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Sportsman’s Warehouse by 12.8% during the first quarter. Renaissance Technologies LLC now owns 299,463 shares of the company’s stock valued at $1,431,000 after purchasing an additional 33,889 shares in the last quarter.

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Sportsman’s Warehouse 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.

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

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