Sportsman’s Warehouse (NASDAQ:SPWH) Issues Earnings Results, Beats Estimates By $0.12 EPS

Sportsman’s Warehouse (NASDAQ:SPWH) released its earnings results on Tuesday. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.12, Zacks reports. The firm had revenue of $340.40 million during the quarter, compared to analysts’ expectations of $328.67 million. Sportsman’s Warehouse had a negative return on equity of 11.72% and a negative net margin of 2.69%. Sportsman’s Warehouse updated its FY 2025 guidance to EPS.

Sportsman’s Warehouse Price Performance

Shares of SPWH opened at $1.91 on Thursday. The company’s fifty day simple moving average is $1.52 and its 200 day simple moving average is $2.17. Sportsman’s Warehouse has a 1-year low of $0.92 and a 1-year high of $4.44. The company has a market cap of $72.50 million, a price-to-earnings ratio of -2.17 and a beta of 0.75. The company has a current ratio of 1.20, a quick ratio of 0.06 and a debt-to-equity ratio of 0.10.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SPWH. Roth Mkm dropped their target price on Sportsman’s Warehouse from $3.50 to $2.50 and set a “buy” rating on the stock in a research report on Wednesday. Craig Hallum raised shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $3.00 price objective on the stock in a research report on Wednesday. Finally, B. Riley restated a “buy” rating and set a $3.00 target price (down previously from $4.00) on shares of Sportsman’s Warehouse in a report on Wednesday. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2.80.

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.