B. Riley Expects Weaker Earnings for Sportsman's Warehouse

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) - Equities research analysts at B. Riley cut their Q3 2026 earnings per share (EPS) estimates for Sportsman's Warehouse in a report released on Wednesday, June 4th. B. Riley analyst A. Glaessgen now forecasts that the company will post earnings of $0.10 per share for the quarter, down from their prior forecast of $0.11. B. Riley has a "Buy" rating and a $4.00 price objective on the stock. The consensus estimate for Sportsman's Warehouse's current full-year earnings is ($0.65) per share. B. Riley also issued estimates for Sportsman's Warehouse's Q4 2026 earnings at $0.05 EPS.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The company reported ($0.41) EPS for the quarter, topping analysts' consensus estimates of ($0.48) by $0.07. Sportsman's Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%. The firm had revenue of $249.10 million during the quarter, compared to analysts' expectations of $238.25 million. During the same quarter in the prior year, the business earned ($0.47) earnings per share.

Several other brokerages also recently issued reports on SPWH. Roth Capital reiterated a "buy" rating and set a $3.00 price target (up previously from $2.50) on shares of Sportsman's Warehouse in a report on Wednesday. Craig Hallum raised shares of Sportsman's Warehouse from a "hold" rating to a "buy" rating and set a $3.00 price target for the company in a report on Wednesday, April 2nd. Finally, Roth Mkm lowered their price target on Sportsman's Warehouse from $3.50 to $2.50 and set a "buy" rating on the stock in a research report on Wednesday, April 2nd. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Sportsman's Warehouse presently has a consensus rating of "Moderate Buy" and a consensus target price of $3.00.

Sportsman's Warehouse Trading Up 1.9%

NASDAQ:SPWH opened at $2.63 on Friday. The firm has a fifty day simple moving average of $1.77 and a two-hundred day simple moving average of $1.87. The stock has a market capitalization of $100.69 million, a price-to-earnings ratio of -2.99 and a beta of 0.55. The company has a current ratio of 1.20, a quick ratio of 0.06 and a debt-to-equity ratio of 0.10. Sportsman's Warehouse has a 12 month low of $0.92 and a 12 month high of $3.45.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SPWH. Renaissance Technologies LLC acquired a new stake in shares of Sportsman's Warehouse during the fourth quarter worth $857,000. Portolan Capital Management LLC lifted its position in Sportsman's Warehouse by 146.7% during the 4th quarter. Portolan Capital Management LLC now owns 2,334,248 shares of the company's stock worth $6,232,000 after acquiring an additional 1,387,935 shares during the period. Soviero Asset Management LP purchased a new stake in Sportsman's Warehouse during the 4th quarter valued at about $668,000. Empowered Funds LLC increased its holdings in Sportsman's Warehouse by 5.2% in the 4th quarter. Empowered Funds LLC now owns 126,683 shares of the company's stock worth $338,000 after buying an additional 6,225 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Sportsman's Warehouse in the fourth quarter worth $806,000. 83.04% of the stock is currently owned by hedge funds and other institutional investors.

About Sportsman's Warehouse

Sportsman's Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.

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