Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Consensus "Hold": Five analysts give SPWH an average rating of "Hold" (1 sell, 1 hold, 3 buys) with a 12‑month target of $2.9375, despite recent downgrades from some firms.
• Weak financials and stock price: SPWH trades around $1.48 (1‑year range $1.08–$4.33) with a $57.42M market cap, reported a quarterly EPS miss of ($0.10) and faces an expected FY EPS of -0.65, indicating negative margins and profitability pressure.
• High institutional ownership and recent buying: Institutions own 83.04% of the stock, with sizable position increases from Arrowstreet, Union Square Park, Archon and JPMorgan, showing active hedge fund/institutional trading.

Shares of Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Get Free Report) have received an average rating of "Hold" from the five research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $2.9375.

A number of research firms recently issued reports on SPWH. Wall Street Zen downgraded Sportsman's Warehouse from a "sell" rating to a "strong sell" rating in a research report on Sunday. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Sportsman's Warehouse in a research report on Monday, December 29th.

Institutional Trading of Sportsman's Warehouse

A number of hedge funds and other institutional investors have recently modified their holdings of SPWH. Arrowstreet Capital Limited Partnership increased its position in shares of Sportsman's Warehouse by 245.1% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,082,777 shares of the company's stock valued at $3,736,000 after acquiring an additional 769,051 shares during the last quarter. Union Square Park Capital Management LLC grew its holdings in Sportsman's Warehouse by 33.5% during the fourth quarter. Union Square Park Capital Management LLC now owns 2,378,681 shares of the company's stock worth $3,473,000 after purchasing an additional 596,658 shares during the period. Archon Capital Management LLC grew its holdings in Sportsman's Warehouse by 51.6% during the fourth quarter. Archon Capital Management LLC now owns 1,668,905 shares of the company's stock worth $2,437,000 after purchasing an additional 568,151 shares during the period. Prescott Group Capital Management L.L.C. bought a new position in Sportsman's Warehouse during the fourth quarter worth about $819,000. Finally, JPMorgan Chase & Co. grew its holdings in Sportsman's Warehouse by 123.4% during the second quarter. JPMorgan Chase & Co. now owns 744,496 shares of the company's stock worth $2,569,000 after purchasing an additional 411,295 shares during the period. Institutional investors and hedge funds own 83.04% of the company's stock.

Sportsman's Warehouse Stock Performance

SPWH opened at $1.48 on Friday. The business's 50-day moving average price is $1.32 and its two-hundred day moving average price is $1.78. Sportsman's Warehouse has a 1 year low of $1.08 and a 1 year high of $4.33. The company has a market capitalization of $57.42 million, a price-to-earnings ratio of -1.14 and a beta of 0.46. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.36 and a quick ratio of 0.10.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last released its earnings results on Tuesday, March 31st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.01). The company had revenue of $334.86 million during the quarter, compared to analyst estimates of $334.89 million. Sportsman's Warehouse had a negative net margin of 4.14% and a negative return on equity of 10.30%. Equities analysts expect that Sportsman's Warehouse will post -0.65 EPS for the current fiscal year.

Sportsman's Warehouse Company Profile

Sportsman's Warehouse, Inc NASDAQ: SPWH operates as a specialty retailer of hunting, shooting, fishing, camping and related outdoor sports equipment in the United States. The company's brick-and-mortar footprint comprises over 100 retail locations across more than 20 states, complemented by an e-commerce platform that serves anglers and outdoorsmen nationwide. By focusing on core outdoor activities, Sportsman's Warehouse delivers a comprehensive shopping experience for enthusiasts of all skill levels.

The retailer's product assortment includes firearms and ammunition, archery gear, fishing tackle and boats, camping supplies, outdoor apparel and footwear, water sports equipment and pet supplies.

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