B. Riley Expects Weaker Earnings for Sportsman's Warehouse

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) - Analysts at B. Riley reduced their Q3 2026 EPS estimates for Sportsman's Warehouse in a research note issued to investors on Wednesday, June 4th. B. Riley analyst A. Glaessgen now anticipates that the company will post earnings of $0.10 per share for the quarter, down from their prior forecast of $0.11. B. Riley currently has a "Buy" rating and a $4.00 target price 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.

SPWH has been the topic of several other reports. Roth Mkm decreased their target price on shares of Sportsman's Warehouse from $3.50 to $2.50 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Roth Capital reiterated a "buy" rating and issued a $3.00 target price (up from $2.50) on shares of Sportsman's Warehouse in a report on Wednesday, June 4th. Finally, Craig Hallum raised shares of Sportsman's Warehouse from a "hold" rating to a "buy" rating and set a $3.00 price target on the stock in a research note on Wednesday, April 2nd. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $3.00.

Sportsman's Warehouse Price Performance

SPWH traded up $0.28 on Friday, reaching $3.30. 1,885,428 shares of the company's stock were exchanged, compared to its average volume of 1,018,147. The stock has a market cap of $126.45 million, a PE ratio of -3.75 and a beta of 0.45. Sportsman's Warehouse has a twelve month low of $0.92 and a twelve month high of $3.37. The stock's fifty day moving average price is $1.84 and its 200-day moving average price is $1.88. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.20 and a quick ratio of 0.06.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last released 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. The business had revenue of $249.10 million during the quarter, compared to analysts' expectations of $238.25 million. Sportsman's Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%. During the same quarter in the previous year, the company earned ($0.47) earnings per share.

Institutional Trading of Sportsman's Warehouse

A number of large investors have recently bought and sold shares of SPWH. Empowered Funds LLC lifted its stake in shares of 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 acquiring an additional 6,225 shares during the period. Skylands Capital LLC lifted its stake in shares of Sportsman's Warehouse by 39.8% in the 4th quarter. Skylands Capital LLC now owns 267,450 shares of the company's stock worth $714,000 after acquiring an additional 76,100 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Sportsman's Warehouse in the 4th quarter worth $806,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Sportsman's Warehouse by 302.1% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 248,541 shares of the company's stock valued at $664,000 after purchasing an additional 186,723 shares during the period. Finally, American Century Companies Inc. lifted its stake in shares of Sportsman's Warehouse by 88.7% in the fourth quarter. American Century Companies Inc. now owns 270,130 shares of the company's stock valued at $721,000 after purchasing an additional 126,995 shares during the period. Institutional investors and hedge funds own 83.04% of the company's stock.

Insider Activity

In other Sportsman's Warehouse news, Director Richard D. Mcbee purchased 75,000 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The stock was purchased at an average price of $2.68 per share, for a total transaction of $201,000.00. Following the purchase, the director now directly owns 339,886 shares in the company, valued at approximately $910,894.48. This trade represents a 28.31% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.70% of the company's stock.

Sportsman's Warehouse Company Profile

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.