Sportsman’s Warehouse (SPWH) Scheduled to Post Quarterly Earnings on Wednesday

Sportsman’s Warehouse (NASDAQ:SPWH) is set to post its quarterly earnings results after the market closes on Wednesday, April 3rd. Analysts expect Sportsman’s Warehouse to post earnings of ($0.30) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Sportsman’s Warehouse Trading Down 0.6 %

Shares of SPWH stock opened at $3.09 on Tuesday. The company has a market cap of $115.60 million, a PE ratio of -11.88 and a beta of 0.76. The company’s fifty day simple moving average is $3.56 and its 200-day simple moving average is $4.19. Sportsman’s Warehouse has a 52 week low of $2.74 and a 52 week high of $8.85.

Analyst Upgrades and Downgrades

SPWH has been the topic of several recent research reports. B. Riley downgraded shares of Sportsman’s Warehouse from a “buy” rating to a “neutral” rating in a research report on Thursday, December 14th. StockNews.com upgraded Sportsman’s Warehouse to a “sell” rating in a report on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $8.25.

Institutional Trading of Sportsman’s Warehouse

A number of hedge funds have recently modified their holdings of SPWH. UBS Group AG lifted its position in shares of Sportsman’s Warehouse by 145.2% in the second quarter. UBS Group AG now owns 4,414 shares of the company’s stock worth $42,000 after purchasing an additional 2,614 shares in the last quarter. Quarry LP increased its position in Sportsman’s Warehouse by 509.1% during the first quarter. Quarry LP now owns 5,476 shares of the company’s stock worth $46,000 after buying an additional 4,577 shares during the last quarter. Wolverine Trading LLC bought a new position in shares of Sportsman’s Warehouse in the 3rd quarter valued at approximately $47,000. Ancora Advisors LLC bought a new position in shares of Sportsman’s Warehouse in the first quarter valued at approximately $52,000. Finally, Citigroup Inc. grew its stake in Sportsman’s Warehouse by 1,012.3% in the 2nd quarter. Citigroup Inc. now owns 11,279 shares of the company’s stock valued at $64,000 after buying an additional 10,265 shares during the last quarter. Hedge funds and other institutional investors own 83.04% of the company’s stock.

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 apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.