Brokerages Anticipate Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) Will Post Earnings of $0.25 Per Share

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Analysts forecast that Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) will announce earnings per share (EPS) of $0.25 for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Sportsman’s Warehouse’s earnings, with the highest EPS estimate coming in at $0.25 and the lowest estimate coming in at $0.24. Sportsman’s Warehouse posted earnings of $0.26 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 3.8%. The business is expected to report its next quarterly earnings results on Wednesday, November 27th.

On average, analysts expect that Sportsman’s Warehouse will report full-year earnings of $0.53 per share for the current year, with EPS estimates ranging from $0.52 to $0.54. For the next financial year, analysts expect that the business will report earnings of $0.58 per share, with EPS estimates ranging from $0.52 to $0.60. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Sportsman’s Warehouse.

Sportsman’s Warehouse (NASDAQ:SPWH) last posted its quarterly earnings data on Wednesday, August 28th. The company reported $0.13 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.01. Sportsman’s Warehouse had a return on equity of 27.73% and a net margin of 2.71%. The company had revenue of $211.80 million during the quarter, compared to analyst estimates of $207.31 million. During the same quarter last year, the company earned $0.18 EPS. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis.

A number of research analysts recently weighed in on SPWH shares. Zacks Investment Research raised Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $4.50 price objective for the company in a research report on Tuesday, September 3rd. DA Davidson set a $6.00 price objective on Sportsman’s Warehouse and gave the company a “buy” rating in a research report on Thursday, August 29th. They noted that the move was a valuation call. Robert W. Baird raised their price objective on Sportsman’s Warehouse from $4.00 to $5.00 and gave the company a “neutral” rating in a research report on Thursday, August 29th. Finally, ValuEngine lowered Sportsman’s Warehouse from a “sell” rating to a “strong sell” rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $5.88.

SPWH stock traded up $0.19 on Tuesday, reaching $4.65. 466,315 shares of the company traded hands, compared to its average volume of 625,127. Sportsman’s Warehouse has a one year low of $3.41 and a one year high of $6.69. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.04 and a quick ratio of 0.05. The company has a market cap of $192.81 million, a P/E ratio of 7.75, a price-to-earnings-growth ratio of 0.84 and a beta of 0.22. The firm has a fifty day simple moving average of $4.19 and a 200-day simple moving average of $4.41.

Institutional investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA increased its holdings in shares of Sportsman’s Warehouse by 251.1% in the 1st quarter. BNP Paribas Arbitrage SA now owns 7,742 shares of the company’s stock worth $37,000 after purchasing an additional 5,537 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of Sportsman’s Warehouse in the 2nd quarter worth $40,000. Flinton Capital Management LLC increased its holdings in shares of Sportsman’s Warehouse by 87.5% in the 2nd quarter. Flinton Capital Management LLC now owns 10,800 shares of the company’s stock worth $41,000 after purchasing an additional 5,040 shares in the last quarter. Meadow Creek Investment Management LLC increased its holdings in shares of Sportsman’s Warehouse by 87.5% in the 2nd quarter. Meadow Creek Investment Management LLC now owns 14,850 shares of the company’s stock worth $56,000 after purchasing an additional 6,930 shares in the last quarter. Finally, Weiss Asset Management LP bought a new stake in shares of Sportsman’s Warehouse in the 2nd quarter worth $61,000. 92.60% of the stock is owned by institutional investors and hedge funds.

About Sportsman’s Warehouse

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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Earnings History and Estimates for Sportsman`s Warehouse (NASDAQ:SPWH)

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