Roth Capital Issues Negative Estimate for SPWH Earnings

Key Points

• Roth Capital has revised down its earnings per share (EPS) estimate for Sportsman's Warehouse Holdings, Inc. for Q4 2026 from $0.09 to $0.07, maintaining a "Buy" rating with a target price of $4.25.
• The company's most recent financial report showed an EPS of ($0.12), matching analysts' expectations, with revenue exceeding forecasts at $293.90 million.
• Institutional investors hold 83.04% of Sportsman's Warehouse shares, indicating strong interest from large financial entities.

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) - Equities research analysts at Roth Capital reduced their Q4 2026 EPS estimates for shares of Sportsman's Warehouse in a research note issued to investors on Friday, September 5th. Roth Capital analyst M. Koranda now expects that the company will post earnings of $0.07 per share for the quarter, down from their previous estimate of $0.09. 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 Q3 2027 earnings at $0.14 EPS.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.12). Sportsman's Warehouse had a negative net margin of 3.10% and a negative return on equity of 7.65%. The company had revenue of $293.90 million for the quarter, compared to the consensus estimate of $291.56 million. Sportsman's Warehouse has set its FY 2025 guidance at EPS.

Other research analysts have also recently issued research reports about the stock. B. Riley restated a "buy" rating and set a $4.00 price target (up previously from $3.00) on shares of Sportsman's Warehouse in a research note on Wednesday, June 4th. Lake Street Capital raised their price target on shares of Sportsman's Warehouse from $3.00 to $3.50 and gave the stock a "buy" rating in a research note on Friday, September 5th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $3.45.

Sportsman's Warehouse Stock Performance

Shares of NASDAQ:SPWH traded down $0.03 on Monday, hitting $3.04. 326,700 shares of the company were exchanged, compared to its average volume of 527,674. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.06 and a current ratio of 1.19. The company's 50 day moving average price is $3.21 and its two-hundred day moving average price is $2.42. Sportsman's Warehouse has a one year low of $0.92 and a one year high of $4.33. The firm has a market capitalization of $116.83 million, a price-to-earnings ratio of -3.10 and a beta of 0.65.

Hedge Funds Weigh In On Sportsman's Warehouse

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SPWH. Bank of America Corp DE boosted its position in Sportsman's Warehouse by 134.3% in the fourth quarter. Bank of America Corp DE now owns 161,347 shares of the company's stock valued at $431,000 after buying an additional 92,469 shares in the last quarter. Balyasny Asset Management L.P. acquired a new position in shares of Sportsman's Warehouse during the fourth quarter worth approximately $33,000. Cubist Systematic Strategies LLC raised its stake in shares of Sportsman's Warehouse by 255.3% during the fourth quarter. Cubist Systematic Strategies LLC now owns 83,930 shares of the company's stock worth $224,000 after buying an additional 60,308 shares during the last quarter. D. E. Shaw & Co. Inc. raised its stake in shares of Sportsman's Warehouse by 79.9% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 545,398 shares of the company's stock worth $1,456,000 after buying an additional 242,222 shares during the last quarter. Finally, Mink Brook Asset Management LLC bought a new stake in shares of Sportsman's Warehouse during the fourth quarter worth approximately $41,000. 83.04% of the stock is currently owned by institutional investors and hedge funds.

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.