Sportsman's Warehouse (NASDAQ:SPWH) Stock Passes Below 200-Day Moving Average of $4.12

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.12 and traded as low as $3.19. Sportsman's Warehouse shares last traded at $3.29, with a volume of 273,642 shares traded.

Analyst Ratings Changes

A number of brokerages have issued reports on SPWH. Robert W. Baird reduced their price objective on shares of Sportsman's Warehouse from $5.00 to $4.00 and set a "neutral" rating for the company in a research report on Thursday, April 4th. StockNews.com raised shares of Sportsman's Warehouse to a "sell" rating in a report on Thursday, January 11th. Finally, B. Riley reduced their target price on shares of Sportsman's Warehouse from $4.50 to $4.00 and set a "neutral" rating for the company in a research note on Thursday, April 4th.

Sportsman's Warehouse Trading Up 0.3 %

The company's fifty day moving average is $3.36 and its 200 day moving average is $4.12. The company has a market cap of $124.15 million, a P/E ratio of -4.23 and a beta of 0.76.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 10th. The company reported ($0.20) EPS for the quarter, topping analysts' consensus estimates of ($0.30) by $0.10. The company had revenue of $370.39 million during the quarter, compared to analyst estimates of $373.61 million. Sportsman's Warehouse had a negative return on equity of 8.86% and a negative net margin of 2.25%. The firm's revenue was down 2.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.33 earnings per share. Analysts anticipate that Sportsman's Warehouse Holdings, Inc. will post 0.02 EPS for the current year.

Institutional Trading of Sportsman's Warehouse

A number of institutional investors and hedge funds have recently modified their holdings of the business. SG Americas Securities LLC increased its holdings in Sportsman's Warehouse by 37.0% in the 3rd quarter. SG Americas Securities LLC now owns 54,071 shares of the company's stock worth $243,000 after acquiring an additional 14,593 shares in the last quarter. Barclays PLC increased its stake in Sportsman's Warehouse by 185.8% during the third quarter. Barclays PLC now owns 73,703 shares of the company's stock worth $331,000 after acquiring an additional 47,912 shares during the last quarter. Teton Advisors Inc. raised its position in Sportsman's Warehouse by 20.0% during the third quarter. Teton Advisors Inc. now owns 60,000 shares of the company's stock valued at $269,000 after purchasing an additional 10,000 shares during the period. Gamco Investors INC. ET AL boosted its stake in Sportsman's Warehouse by 24.9% during the third quarter. Gamco Investors INC. ET AL now owns 479,245 shares of the company's stock worth $2,152,000 after buying an additional 95,500 shares during the period. Finally, GABELLI & Co INVESTMENT ADVISERS INC. increased its position in Sportsman's Warehouse by 5.3% during the third quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 701,714 shares of the company's stock valued at $3,151,000 after acquiring an additional 35,300 shares during the last quarter. 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.