B. Riley Expects Stronger Earnings for Sportsman's Warehouse

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) - Equities research analysts at B. Riley increased their FY2026 earnings estimates for Sportsman's Warehouse in a note issued to investors on Wednesday, June 4th. B. Riley analyst A. Glaessgen now anticipates that the company will post earnings per share of ($0.37) for the year, up from their previous forecast of ($0.45). 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 FY2027 earnings at ($0.12) EPS.

Several other research firms have also commented on SPWH. Craig Hallum raised shares of Sportsman's Warehouse from a "hold" rating to a "buy" rating and set a $3.00 price objective for the company in a research note on Wednesday, April 2nd. Roth Mkm dropped their price target on shares of Sportsman's Warehouse from $3.50 to $2.50 and set a "buy" rating for the company in a research note on Wednesday, April 2nd. Finally, Roth Capital reiterated a "buy" rating and set a $3.00 price target (up from $2.50) on shares of Sportsman's Warehouse in a report on Wednesday, June 4th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $3.00.

Sportsman's Warehouse Trading Up 11.4%

Shares of Sportsman's Warehouse stock traded up $0.42 on Monday, reaching $4.11. The company had a trading volume of 2,780,891 shares, compared to its average volume of 1,032,984. The firm's 50-day moving average price is $1.92 and its two-hundred day moving average price is $1.90. Sportsman's Warehouse has a 1 year low of $0.92 and a 1 year high of $4.16. The firm has a market cap of $157.49 million, a price-to-earnings ratio of -4.67 and a beta of 0.45. 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 announced its quarterly earnings results on Tuesday, June 3rd. The company reported ($0.41) EPS for the quarter, beating 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 the consensus estimate of $238.25 million. During the same quarter last year, the firm earned ($0.47) EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Empowered Funds LLC lifted its holdings 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 buying an additional 6,225 shares during the period. Gamco Investors INC. ET AL raised its holdings in shares of Sportsman's Warehouse by 1.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 555,047 shares of the company's stock valued at $1,482,000 after acquiring an additional 6,972 shares in the last quarter. Gabelli Funds LLC lifted its stake in Sportsman's Warehouse by 0.9% in the first quarter. Gabelli Funds LLC now owns 1,026,417 shares of the company's stock worth $1,020,000 after acquiring an additional 9,000 shares during the period. Balyasny Asset Management L.P. purchased a new stake in Sportsman's Warehouse in the fourth quarter worth about $33,000. Finally, Mink Brook Asset Management LLC bought a new stake in shares of Sportsman's Warehouse in the 4th quarter valued at about $41,000. Institutional investors own 83.04% of the company's stock.

Insider Activity

In related news, Director Richard D. Mcbee acquired 75,000 shares of the stock in a transaction on Thursday, June 5th. The stock was bought at an average cost of $2.68 per share, with a total value of $201,000.00. Following the transaction, the director now directly owns 339,886 shares in the company, valued at approximately $910,894.48. This represents a 28.31% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 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.