Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) – Equities researchers at Piper Jaffray Companies upped their Q1 2021 earnings estimates for Sportsman’s Warehouse in a report issued on Wednesday, December 4th. Piper Jaffray Companies analyst P. Keith now forecasts that the company will post earnings per share of ($0.14) for the quarter, up from their prior forecast of ($0.15). Piper Jaffray Companies currently has a “In-Line” rating and a $11.00 price target on the stock.
Sportsman’s Warehouse (NASDAQ:SPWH) last posted its quarterly earnings results on Wednesday, December 4th. The company reported $0.25 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. The firm had revenue of $242.50 million for the quarter, compared to the consensus estimate of $235.39 million. Sportsman’s Warehouse had a net margin of 2.43% and a return on equity of 26.06%. The company’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period last year, the firm posted $0.26 earnings per share.
SPWH stock opened at $8.20 on Monday. The company has a market cap of $348.00 million, a price-to-earnings ratio of 13.67 and a beta of 0.36. The company has a current ratio of 1.04, a quick ratio of 0.05 and a debt-to-equity ratio of 2.31. Sportsman’s Warehouse has a 12 month low of $3.41 and a 12 month high of $8.82. The firm has a 50-day moving average of $7.05 and a two-hundred day moving average of $4.99.
Institutional investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. purchased a new position in Sportsman’s Warehouse during the third quarter worth about $26,000. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Sportsman’s Warehouse in the 2nd quarter valued at approximately $40,000. Flinton Capital Management LLC increased its holdings in shares of Sportsman’s Warehouse by 87.5% during the 2nd quarter. Flinton Capital Management LLC now owns 10,800 shares of the company’s stock worth $41,000 after buying an additional 5,040 shares during the last quarter. Meadow Creek Investment Management LLC increased its holdings in shares of Sportsman’s Warehouse by 87.5% during the 2nd quarter. Meadow Creek Investment Management LLC now owns 14,850 shares of the company’s stock worth $56,000 after buying an additional 6,930 shares during the last quarter. Finally, Weiss Asset Management LP acquired a new stake in shares of Sportsman’s Warehouse during the 2nd quarter worth approximately $61,000. Hedge funds and other institutional investors own 97.47% of the company’s stock.
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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