560,938 Shares in Sportsman’s Warehouse Holdings, Inc. $SPWH Bought by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. purchased a new position in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 560,938 shares of the company’s stock, valued at approximately $819,000. Prescott Group Capital Management L.L.C. owned approximately 1.46% of Sportsman’s Warehouse as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Prudential Financial Inc. purchased a new stake in Sportsman’s Warehouse during the second quarter worth $56,000. Centiva Capital LP purchased a new position in Sportsman’s Warehouse during the third quarter valued at $63,000. SBI Securities Co. Ltd. lifted its holdings in Sportsman’s Warehouse by 158,500.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 31,720 shares of the company’s stock valued at $46,000 after purchasing an additional 31,700 shares in the last quarter. XTX Topco Ltd purchased a new position in Sportsman’s Warehouse during the second quarter valued at $189,000. Finally, BNP Paribas Financial Markets lifted its holdings in Sportsman’s Warehouse by 165.3% during the second quarter. BNP Paribas Financial Markets now owns 57,167 shares of the company’s stock valued at $197,000 after purchasing an additional 35,621 shares in the last quarter. 83.04% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Sportsman’s Warehouse from a “strong sell” rating to a “sell” rating in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $2.94.

Sportsman’s Warehouse Stock Performance

SPWH opened at $1.26 on Thursday. The company has a quick ratio of 0.10, a current ratio of 1.36 and a debt-to-equity ratio of 0.24. The company has a market cap of $49.08 million, a price-to-earnings ratio of -0.97 and a beta of 0.43. Sportsman’s Warehouse Holdings, Inc. has a 52-week low of $1.08 and a 52-week high of $4.33. The firm’s fifty day simple moving average is $1.40 and its two-hundred day simple moving average is $1.52.

Sportsman’s Warehouse (NASDAQ:SPWH) last posted its quarterly earnings data on Tuesday, March 31st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.01). The company had revenue of $334.86 million for the quarter, compared to analysts’ expectations of $334.89 million. Sportsman’s Warehouse had a negative net margin of 4.14% and a negative return on equity of 10.30%. Equities analysts anticipate that Sportsman’s Warehouse Holdings, Inc. will post -0.49 earnings per share for the current fiscal year.

Sportsman’s Warehouse Company Profile

Sportsman’s Warehouse, Inc (NASDAQ: SPWH) operates as a specialty retailer of hunting, shooting, fishing, camping and related outdoor sports equipment in the United States. The company’s brick-and-mortar footprint comprises over 100 retail locations across more than 20 states, complemented by an e-commerce platform that serves anglers and outdoorsmen nationwide. By focusing on core outdoor activities, Sportsman’s Warehouse delivers a comprehensive shopping experience for enthusiasts of all skill levels.

The retailer’s product assortment includes firearms and ammunition, archery gear, fishing tackle and boats, camping supplies, outdoor apparel and footwear, water sports equipment and pet supplies.