Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) Given Consensus Rating of "Buy" by Analysts

Key Points

• Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) has received an average recommendation of "Buy" from five analysts, with the average target price set at $3.45.
• The company's stock opened at $3.18 on Wednesday and has a market capitalization of $122.21 million, with a noticeable 12-month trading range between $0.92 and $4.33.
• Institutional investors are actively buying the stock, with significant share increases reported by firms such as Teton Advisors and Stratos Wealth Partners during the second quarter.

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Get Free Report) has earned an average recommendation of "Buy" from the five ratings firms that are currently covering the firm, Marketbeat reports. Five analysts have rated the stock with a buy recommendation. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $3.45.

A number of research firms recently issued reports on SPWH. B. Riley restated a "buy" rating and issued a $4.00 target price (up from $3.00) on shares of Sportsman's Warehouse in a report on Wednesday, June 4th. Lake Street Capital boosted their target price on shares of Sportsman's Warehouse from $3.00 to $3.50 and gave the company a "buy" rating in a report on Friday, September 5th. Finally, Roth Capital boosted their target price on shares of Sportsman's Warehouse from $3.00 to $4.25 and gave the company a "buy" rating in a report on Wednesday, July 16th.

Sportsman's Warehouse Stock Performance

Shares of NASDAQ SPWH opened at $3.18 on Wednesday. The company has a market cap of $122.21 million, a PE ratio of -3.24 and a beta of 0.65. Sportsman's Warehouse has a 12 month low of $0.92 and a 12 month high of $4.33. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.19 and a quick ratio of 0.06. The company has a 50-day simple moving average of $3.14 and a 200-day simple moving average of $2.51.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The company reported ($0.12) EPS for the quarter, hitting analysts' consensus estimates of ($0.12). The business had revenue of $293.90 million during the quarter, compared to the consensus estimate of $291.56 million. Sportsman's Warehouse had a negative net margin of 3.10% and a negative return on equity of 7.65%. Sportsman's Warehouse has set its FY 2025 guidance at EPS. On average, equities analysts anticipate that Sportsman's Warehouse will post -0.65 earnings per share for the current year.

Institutional Investors Weigh In On Sportsman's Warehouse

Institutional investors have recently bought and sold shares of the stock. Teton Advisors Inc. lifted its position in Sportsman's Warehouse by 7.4% during the second quarter. Teton Advisors Inc. now owns 65,500 shares of the company's stock valued at $226,000 after buying an additional 4,500 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in Sportsman's Warehouse by 50.0% during the second quarter. Stratos Wealth Partners LTD. now owns 18,000 shares of the company's stock valued at $62,000 after buying an additional 6,000 shares in the last quarter. Gabelli Funds LLC lifted its position in Sportsman's Warehouse by 0.9% during the first quarter. Gabelli Funds LLC now owns 1,026,417 shares of the company's stock valued at $1,020,000 after buying an additional 9,000 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in Sportsman's Warehouse by 2.1% during the second quarter. Gamco Investors INC. ET AL now owns 541,000 shares of the company's stock valued at $1,866,000 after buying an additional 11,294 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in Sportsman's Warehouse during the second quarter valued at approximately $45,000. 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.

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