Sportsman’s Warehouse (NASDAQ:SPWH) posted its quarterly earnings results on Tuesday. The company reported $0.75 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.31, MarketWatch Earnings reports. Sportsman’s Warehouse had a return on equity of 55.83% and a net margin of 5.62%.
Shares of SPWH stock traded up $0.22 during trading on Thursday, reaching $17.46. The company had a trading volume of 71,313 shares, compared to its average volume of 1,043,363. The firm’s 50 day simple moving average is $17.28 and its two-hundred day simple moving average is $15.78. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.26 and a quick ratio of 0.12. Sportsman’s Warehouse has a one year low of $5.46 and a one year high of $18.46. The company has a market capitalization of $762.09 million, a PE ratio of 10.83 and a beta of 1.06.
A number of equities research analysts have recently weighed in on the company. Lake Street Capital downgraded Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a research note on Tuesday, December 22nd. Zacks Investment Research downgraded Sportsman’s Warehouse from a “hold” rating to a “sell” rating in a research note on Friday, December 4th. Credit Suisse Group downgraded Sportsman’s Warehouse from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $20.00 to $18.00 in a research note on Thursday, January 7th. Finally, Craig Hallum downgraded Sportsman’s Warehouse from a “buy” rating to a “hold” rating in a research note on Tuesday, December 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $18.70.
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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