Sportsman’s Warehouse (NASDAQ:SPWH) released its earnings results on Wednesday. The company reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26, Bloomberg Earnings reports. The company had revenue of $223.10 million for the quarter, compared to analysts’ expectations of $224.80 million. Sportsman’s Warehouse had a net margin of 2.24% and a return on equity of 46.61%. The firm’s revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.23 EPS.
SPWH stock opened at $4.70 on Friday. Sportsman’s Warehouse has a fifty-two week low of $3.66 and a fifty-two 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. The firm has a market capitalization of $212.54 million, a P/E ratio of 9.40, a price-to-earnings-growth ratio of 0.82 and a beta of -0.26.
SPWH has been the topic of several recent analyst reports. ValuEngine cut shares of Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a research report on Wednesday, August 8th. DA Davidson set a $7.00 price objective on shares of Sportsman’s Warehouse and gave the company a “buy” rating in a research report on Wednesday, August 15th. Credit Suisse Group lifted their price objective on shares of Sportsman’s Warehouse from $6.00 to $7.50 and gave the company an “outperform” rating in a research report on Friday, August 24th. Zacks Investment Research upgraded shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $6.75 price objective on the stock in a research report on Saturday, August 25th. Finally, BidaskClub cut shares of Sportsman’s Warehouse from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $6.81.
ILLEGAL ACTIVITY NOTICE: This piece was first reported by WKRB News and is the property of of WKRB News. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright legislation. The correct version of this piece can be viewed at https://www.wkrb13.com/2018/11/30/sportsmans-warehouse-spwh-issues-earnings-results-2.html.
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.
Featured Story: Marijuana Stocks
Receive News & Ratings for Sportsman's Warehouse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sportsman's Warehouse and related companies with MarketBeat.com's FREE daily email newsletter.