Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) – Stock analysts at Piper Jaffray Companies increased their Q4 2020 earnings per share estimates for Sportsman’s Warehouse in a research report issued on Thursday, August 23rd. Piper Jaffray Companies analyst P. Keith now anticipates that the company will post earnings per share of $0.30 for the quarter, up from their previous forecast of $0.29.
Sportsman’s Warehouse (NASDAQ:SPWH) last released its earnings results on Thursday, August 23rd. The company reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.02. The company had revenue of $203.30 million for the quarter, compared to analyst estimates of $203.27 million. Sportsman’s Warehouse had a net margin of 1.94% and a return on equity of 47.82%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.15 EPS.
Sportsman’s Warehouse stock opened at $5.73 on Monday. The company has a market cap of $262.78 million, a price-to-earnings ratio of 11.46, a price-to-earnings-growth ratio of 1.02 and a beta of -0.65. Sportsman’s Warehouse has a 52-week low of $3.66 and a 52-week high of $6.99. The company has a current ratio of 1.63, a quick ratio of 0.06 and a debt-to-equity ratio of 2.78.
In other news, Director Seidler Kutsenda Management Co sold 25,000 shares of the firm’s stock in a transaction on Friday, June 8th. The shares were sold at an average price of $5.27, for a total value of $131,750.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 4,237,652 shares of company stock worth $21,236,627 over the last 90 days. Company insiders own 2.20% of the company’s stock.
Several institutional investors and hedge funds have recently made changes to their positions in SPWH. Cannell Capital LLC acquired a new stake in shares of Sportsman’s Warehouse in the 2nd quarter valued at $1,850,000. Putnam Investments LLC acquired a new stake in shares of Sportsman’s Warehouse in the 2nd quarter valued at $1,840,000. Spark Investment Management LLC acquired a new stake in shares of Sportsman’s Warehouse in the 2nd quarter valued at $1,766,000. BlackRock Inc. raised its holdings in shares of Sportsman’s Warehouse by 13.5% in the 2nd quarter. BlackRock Inc. now owns 2,888,343 shares of the company’s stock valued at $14,788,000 after purchasing an additional 343,379 shares in the last quarter. Finally, Towle & Co. raised its holdings in shares of Sportsman’s Warehouse by 6.9% in the 2nd quarter. Towle & Co. now owns 4,093,412 shares of the company’s stock valued at $20,958,000 after purchasing an additional 264,800 shares in the last quarter. Institutional investors and hedge funds own 86.68% 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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