Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $3.20.

SPWH has been the topic of several recent research reports. StockNews.com raised Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Saturday, November 30th. B. Riley raised Sportsman’s Warehouse from a “neutral” rating to a “buy” rating and boosted their price target for the company from $2.00 to $4.00 in a research note on Wednesday, December 11th.

Institutional Trading of Sportsman’s Warehouse

Institutional investors have recently bought and sold shares of the stock. Portolan Capital Management LLC bought a new position in Sportsman’s Warehouse in the 3rd quarter valued at $2,565,000. GSA Capital Partners LLP raised its position in Sportsman’s Warehouse by 665.0% in the 3rd quarter. GSA Capital Partners LLP now owns 544,373 shares of the company’s stock valued at $1,475,000 after purchasing an additional 473,212 shares during the last quarter. FMR LLC raised its position in Sportsman’s Warehouse by 3.3% in the 3rd quarter. FMR LLC now owns 5,441,705 shares of the company’s stock valued at $14,747,000 after purchasing an additional 174,858 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in Sportsman’s Warehouse in the 2nd quarter valued at $384,000. Finally, Squarepoint Ops LLC bought a new position in Sportsman’s Warehouse in the 2nd quarter valued at $199,000. Institutional investors and hedge funds own 83.04% of the company’s stock.

Sportsman’s Warehouse Price Performance

Shares of NASDAQ:SPWH opened at $2.23 on Thursday. Sportsman’s Warehouse has a 1-year low of $1.81 and a 1-year high of $4.44. The firm has a market capitalization of $84.64 million, a PE ratio of -2.53 and a beta of 0.52. The business’s 50 day moving average is $2.34 and its 200-day moving average is $2.43. The company has a current ratio of 1.20, a quick ratio of 0.07 and a debt-to-equity ratio of 0.10.

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 apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.