Q3 EPS Estimate for Sportsman's Warehouse Boosted by Analyst

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) - Investment analysts at Roth Capital lifted their Q3 2027 EPS estimates for Sportsman's Warehouse in a research note issued on Tuesday, July 15th. Roth Capital analyst M. Koranda now expects that the company will post earnings of $0.08 per share for the quarter, up from their previous forecast of $0.05. Roth Capital currently has a "Buy" rating and a $4.25 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 Q4 2027 earnings at $0.23 EPS.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last issued its earnings results 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 net margin of 3.01% and a negative return on equity of 7.65%. The firm had revenue of $249.10 million during the quarter, compared to analyst estimates of $238.25 million. During the same quarter in the prior year, the business earned ($0.47) earnings per share.

A number of other research firms have also issued reports on SPWH. Craig Hallum raised 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 report on Wednesday, April 2nd. 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 research report on Wednesday, April 2nd. Finally, B. Riley reaffirmed a "buy" rating and issued a $4.00 target price (up previously from $3.00) on shares of Sportsman's Warehouse in a research report on Wednesday, June 4th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Sportsman's Warehouse currently has an average rating of "Moderate Buy" and a consensus target price of $3.21.

Sportsman's Warehouse Stock Performance

NASDAQ SPWH traded down $0.18 on Thursday, hitting $3.44. 451,786 shares of the company's stock traded hands, compared to its average volume of 1,048,023. The company has a current ratio of 1.17, a quick ratio of 0.08 and a debt-to-equity ratio of 0.11. Sportsman's Warehouse has a 1-year low of $0.92 and a 1-year high of $4.33. The firm's 50-day moving average price is $2.99 and its two-hundred day moving average price is $2.12. The firm has a market capitalization of $131.82 million, a PE ratio of -3.58 and a beta of 0.67.

Insider Buying and Selling

In related news, Director Richard D. Mcbee purchased 75,000 shares of the company's stock in a transaction on Thursday, June 5th. The shares were bought at an average cost of $2.68 per share, for a total transaction of $201,000.00. Following the completion of the purchase, the director directly owned 339,886 shares of the company's stock, valued at approximately $910,894.48. This trade represents a 28.31% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sportsman's Warehouse

A number of hedge funds have recently modified their holdings of the business. Portolan Capital Management LLC grew its position in Sportsman's Warehouse by 146.7% in the 4th quarter. Portolan Capital Management LLC now owns 2,334,248 shares of the company's stock valued at $6,232,000 after buying an additional 1,387,935 shares during the last quarter. Marshall Wace LLP grew its position in Sportsman's Warehouse by 365.9% in the 4th quarter. Marshall Wace LLP now owns 1,203,805 shares of the company's stock valued at $3,214,000 after buying an additional 945,438 shares during the last quarter. Solas Capital Management LLC grew its position in Sportsman's Warehouse by 67.3% in the 1st quarter. Solas Capital Management LLC now owns 1,852,091 shares of the company's stock valued at $1,841,000 after buying an additional 744,954 shares during the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in Sportsman's Warehouse in the 1st quarter valued at $715,000. Finally, GSA Capital Partners LLP lifted its holdings in Sportsman's Warehouse by 153.2% in the first quarter. GSA Capital Partners LLP now owns 952,178 shares of the company's stock valued at $947,000 after acquiring an additional 576,098 shares during the period. 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.