Brokerages expect Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) to announce earnings per share of $0.25 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Sportsman’s Warehouse’s earnings. The highest EPS estimate is $0.25 and the lowest is $0.24. Sportsman’s Warehouse reported earnings of $0.20 per share in the same quarter last year, which would suggest a positive year over year growth rate of 25%. The firm is scheduled to report its next quarterly earnings results on Wednesday, March 27th.
On average, analysts expect that Sportsman’s Warehouse will report full year earnings of $0.61 per share for the current year, with EPS estimates ranging from $0.60 to $0.61. For the next financial year, analysts anticipate that the business will post earnings of $0.66 per share, with EPS estimates ranging from $0.63 to $0.69. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that cover Sportsman’s Warehouse.
Sportsman’s Warehouse (NASDAQ:SPWH) last released its quarterly earnings data on Wednesday, November 28th. The company reported $0.26 EPS for the quarter, meeting the consensus estimate of $0.26. Sportsman’s Warehouse had a return on equity of 43.04% and a net margin of 2.24%. The company had revenue of $223.10 million for the quarter, compared to analyst estimates of $224.80 million. During the same period last year, the company posted $0.23 earnings per share. The firm’s revenue was up 2.3% compared to the same quarter last year.
Several research firms have commented on SPWH. DA Davidson raised their price objective on Sportsman’s Warehouse from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Tuesday, September 25th. BidaskClub lowered Sportsman’s Warehouse from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 3rd. ValuEngine raised Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research report on Wednesday, October 24th. Finally, Ifs Securities reissued an “outperform” rating on shares of Sportsman’s Warehouse in a research report on Monday, November 26th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. Sportsman’s Warehouse currently has a consensus rating of “Hold” and a consensus target price of $6.81.
NASDAQ:SPWH opened at $4.72 on Tuesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.05 and a current ratio of 1.13. Sportsman’s Warehouse has a 12 month low of $3.66 and a 12 month high of $6.46. The stock has a market capitalization of $201.38 million, a price-to-earnings ratio of 9.44, a P/E/G ratio of 0.78 and a beta of -0.20.
In other Sportsman’s Warehouse news, insider Jon Barker bought 6,000 shares of the company’s stock in a transaction dated Tuesday, December 4th. The shares were acquired at an average cost of $4.39 per share, with a total value of $26,340.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Richard D. Mcbee bought 20,000 shares of the company’s stock in a transaction dated Monday, December 3rd. The shares were acquired at an average cost of $4.52 per share, for a total transaction of $90,400.00. Following the completion of the transaction, the director now owns 27,610 shares of the company’s stock, valued at approximately $124,797.20. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 31,000 shares of company stock worth $139,240. Corporate insiders own 2.20% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in Sportsman’s Warehouse in the third quarter worth about $102,000. Engineers Gate Manager LP acquired a new position in Sportsman’s Warehouse in the third quarter worth about $108,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Sportsman’s Warehouse in the third quarter worth about $130,000. AQR Capital Management LLC acquired a new position in Sportsman’s Warehouse in the third quarter worth about $151,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Sportsman’s Warehouse in the third quarter worth about $183,000. 87.64% of the stock is currently owned by institutional investors and hedge funds.
Sportsman’s Warehouse Company Profile
Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.
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