Equities analysts forecast that Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) will post earnings per share of $0.25 for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Sportsman’s Warehouse’s earnings. The highest EPS estimate is $0.25 and the lowest is $0.24. Sportsman’s Warehouse posted earnings of $0.26 per share in the same quarter last year, which would suggest a negative year over year growth rate of 3.8%. The business is expected to issue its next earnings results on Wednesday, November 27th.

According to Zacks, analysts expect that Sportsman’s Warehouse will report full-year earnings of $0.54 per share for the current financial year, with EPS estimates ranging from $0.52 to $0.54. For the next fiscal year, analysts forecast that the firm will post earnings of $0.60 per share, with EPS estimates ranging from $0.52 to $0.66. Zacks’ EPS averages are an average based on a survey of sell-side research firms that follow Sportsman’s Warehouse.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its earnings results on Wednesday, August 28th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $211.80 million during the quarter, compared to the consensus estimate of $207.31 million. Sportsman’s Warehouse had a net margin of 2.71% and a return on equity of 27.73%. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.18 earnings per share.

A number of analysts have commented on the stock. DA Davidson set a $6.00 price target on shares of Sportsman’s Warehouse and gave the company a “buy” rating in a research note on Monday, September 23rd. Piper Jaffray Companies reiterated an “overweight” rating and issued a $8.00 price target (up previously from $7.00) on shares of Sportsman’s Warehouse in a research note on Wednesday, October 2nd. Zacks Investment Research upgraded shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a research note on Tuesday, September 3rd. Robert W. Baird increased their price target on shares of Sportsman’s Warehouse from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Thursday, August 29th. Finally, ValuEngine upgraded shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Three 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 “Buy” and an average price target of $5.88.

A number of hedge funds have recently made changes to their positions in the business. Rice Hall James & Associates LLC lifted its stake in Sportsman’s Warehouse by 5.4% in the second quarter. Rice Hall James & Associates LLC now owns 63,696 shares of the company’s stock valued at $241,000 after acquiring an additional 3,245 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Sportsman’s Warehouse by 2.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 216,544 shares of the company’s stock valued at $818,000 after buying an additional 4,556 shares in the last quarter. Flinton Capital Management LLC lifted its position in shares of Sportsman’s Warehouse by 87.5% during the 2nd quarter. Flinton Capital Management LLC now owns 10,800 shares of the company’s stock valued at $41,000 after buying an additional 5,040 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Sportsman’s Warehouse by 251.1% during the 1st quarter. BNP Paribas Arbitrage SA now owns 7,742 shares of the company’s stock valued at $37,000 after buying an additional 5,537 shares in the last quarter. Finally, Strs Ohio lifted its position in shares of Sportsman’s Warehouse by 7.4% during the 2nd quarter. Strs Ohio now owns 85,100 shares of the company’s stock valued at $321,000 after buying an additional 5,900 shares in the last quarter. Hedge funds and other institutional investors own 92.60% of the company’s stock.

SPWH stock traded up $0.40 during trading hours on Wednesday, reaching $5.74. The stock had a trading volume of 878,596 shares, compared to its average volume of 324,645. The stock has a market capitalization of $232.15 million, a PE ratio of 9.57 and a beta of 0.29. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.04 and a quick ratio of 0.05. The stock has a 50-day simple moving average of $4.67 and a 200 day simple moving average of $4.37. Sportsman’s Warehouse has a fifty-two week low of $3.41 and a fifty-two week high of $6.69.

About Sportsman’s Warehouse

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.

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