Sportsman’s Warehouse (NASDAQ:SPWH) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Monday, February 25th.
SPWH has been the topic of a number of other research reports. Piper Jaffray Companies upgraded Sportsman’s Warehouse from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $6.00 to $8.00 in a research report on Friday, January 18th. Ifs Securities reissued an “outperform” rating on shares of Sportsman’s Warehouse in a research note on Monday, November 26th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Sportsman’s Warehouse presently has an average rating of “Buy” and a consensus target price of $7.56.
Shares of SPWH stock traded down $0.10 during trading on Monday, hitting $5.15. The company’s stock had a trading volume of 178,960 shares, compared to its average volume of 289,093. The firm has a market cap of $225.43 million, a PE ratio of 10.30, a P/E/G ratio of 0.80 and a beta of 0.12. Sportsman’s Warehouse has a 52 week low of $3.66 and a 52 week high of $6.69. The company has a quick ratio of 0.05, a current ratio of 1.13 and a debt-to-equity ratio of 0.44.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Prudential Financial Inc. lifted its holdings in Sportsman’s Warehouse by 1.3% in the fourth quarter. Prudential Financial Inc. now owns 155,896 shares of the company’s stock worth $683,000 after buying an additional 2,046 shares during the period. First Trust Advisors LP lifted its holdings in shares of Sportsman’s Warehouse by 18.7% during the fourth quarter. First Trust Advisors LP now owns 68,108 shares of the company’s stock valued at $298,000 after purchasing an additional 10,717 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Sportsman’s Warehouse by 78.1% during the fourth quarter. Bank of America Corp DE now owns 28,793 shares of the company’s stock valued at $127,000 after purchasing an additional 12,622 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Sportsman’s Warehouse by 64.6% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,450 shares of the company’s stock valued at $160,000 after purchasing an additional 14,300 shares during the last quarter. Finally, Teachers Advisors LLC lifted its holdings in shares of Sportsman’s Warehouse by 21.9% during the third quarter. Teachers Advisors LLC now owns 83,562 shares of the company’s stock valued at $489,000 after purchasing an additional 14,998 shares during the last quarter. Institutional investors and hedge funds own 91.18% of the company’s stock.
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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