Wall Street brokerages expect Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) to announce $224.52 million in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Sportsman’s Warehouse’s earnings, with the highest sales estimate coming in at $225.40 million and the lowest estimate coming in at $223.68 million. Sportsman’s Warehouse posted sales of $218.12 million in the same quarter last year, which suggests a positive year over year growth rate of 2.9%. The firm is scheduled to report its next earnings report before the market opens on Wednesday, November 28th.
According to Zacks, analysts expect that Sportsman’s Warehouse will report full-year sales of $845.89 million for the current fiscal year, with estimates ranging from $842.50 million to $852.35 million. For the next financial year, analysts forecast that the firm will report sales of $885.79 million, with estimates ranging from $877.60 million to $893.40 million. Zacks’ sales averages are an average based on a survey of sell-side research analysts that cover Sportsman’s Warehouse.
Sportsman’s Warehouse (NASDAQ:SPWH) last released its quarterly earnings results on Thursday, August 23rd. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. The company had revenue of $203.30 million during the quarter, compared to the consensus estimate of $203.27 million. Sportsman’s Warehouse had a return on equity of 45.86% and a net margin of 1.94%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.15 EPS.
SPWH opened at $4.55 on Friday. The stock has a market cap of $196.23 million, a PE ratio of 9.10, a P/E/G ratio of 0.76 and a beta of -0.26. Sportsman’s Warehouse has a 52-week low of $3.66 and a 52-week high of $6.99. The company has a quick ratio of 0.06, a current ratio of 1.09 and a debt-to-equity ratio of 0.58.
In related news, Director Seidler Kutsenda Management Co sold 67,000 shares of the business’s stock in a transaction dated Monday, August 27th. The stock was sold at an average price of $5.90, for a total transaction of $395,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 4.15% of the stock is currently owned by insiders.
A number of institutional investors have recently bought and sold shares of SPWH. Jane Street Group LLC acquired a new position in Sportsman’s Warehouse in the 3rd quarter valued at approximately $102,000. Engineers Gate Manager LP acquired a new position in Sportsman’s Warehouse in the 3rd quarter valued at approximately $108,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Sportsman’s Warehouse in the 3rd quarter valued at approximately $130,000. AQR Capital Management LLC acquired a new position in Sportsman’s Warehouse in the 3rd quarter valued at approximately $151,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Sportsman’s Warehouse in the 3rd quarter valued at approximately $183,000. 81.02% of the stock is owned by hedge funds and other institutional investors.
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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