Roth Capital Issues Optimistic Estimate for SPWH Earnings

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) - Research analysts at Roth Capital boosted their Q2 2026 earnings per share estimates for Sportsman's Warehouse in a research report issued on Wednesday, June 4th. Roth Capital analyst M. Koranda now anticipates that the company will earn ($0.13) per share for the quarter, up from their prior estimate of ($0.15). Roth Capital currently has a "Buy" rating and a $3.00 target price on the stock. The consensus estimate for Sportsman's Warehouse's current full-year earnings is ($0.65) per share. Roth Capital also issued estimates for Sportsman's Warehouse's Q3 2026 earnings at $0.08 EPS, FY2026 earnings at ($0.37) EPS and FY2027 earnings at ($0.20) EPS.

A number of other analysts have also weighed in on the company. B. Riley reaffirmed a "buy" rating and set a $4.00 price objective (up previously from $3.00) on shares of Sportsman's Warehouse in a research report on Wednesday, June 4th. Roth Mkm lowered their target price 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, Craig Hallum upgraded shares of Sportsman's Warehouse from a "hold" rating to a "buy" rating and set a $3.00 target price for the company in a research note on Wednesday, April 2nd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $3.00.

Sportsman's Warehouse Stock Up 9.3%

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

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

Institutional Investors Weigh In On Sportsman's Warehouse

Hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC grew its position in Sportsman's Warehouse by 217.1% during the first quarter. Acadian Asset Management LLC now owns 216,605 shares of the company's stock valued at $214,000 after acquiring an additional 148,296 shares during the period. Goldman Sachs Group Inc. grew its position in Sportsman's Warehouse by 30.6% during the first quarter. Goldman Sachs Group Inc. now owns 318,683 shares of the company's stock valued at $317,000 after acquiring an additional 74,601 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in Sportsman's Warehouse during the first quarter valued at about $715,000. Solas Capital Management LLC grew its position in Sportsman's Warehouse by 67.3% during the first quarter. Solas Capital Management LLC now owns 1,852,091 shares of the company's stock valued at $1,841,000 after acquiring an additional 744,954 shares during the period. Finally, GABELLI & Co INVESTMENT ADVISERS INC. grew its position in Sportsman's Warehouse by 4.1% during the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 768,638 shares of the company's stock valued at $764,000 after acquiring an additional 30,000 shares during the period. Institutional investors and hedge funds own 83.04% of the company's stock.

Insider Buying and Selling

In other Sportsman's Warehouse news, Director Richard D. Mcbee bought 75,000 shares of the firm's stock in a transaction dated Thursday, June 5th. The stock was acquired at an average price of $2.68 per share, for a total transaction of $201,000.00. Following the completion of the purchase, the director now owns 339,886 shares of the company's stock, valued at approximately $910,894.48. This represents a 28.31% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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.