Wall Street analysts forecast that Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) will report earnings per share of ($0.10) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Sportsman’s Warehouse’s earnings, with the highest EPS estimate coming in at ($0.09) and the lowest estimate coming in at ($0.10). Sportsman’s Warehouse posted earnings per share of ($0.08) in the same quarter last year, which would indicate a negative year over year growth rate of 25%. The firm is expected to report its next earnings results on Thursday, May 23rd.
On average, analysts expect that Sportsman’s Warehouse will report full year earnings of $0.58 per share for the current fiscal year, with EPS estimates ranging from $0.57 to $0.60. For the next fiscal year, analysts anticipate that the company will post earnings of $0.64 per share, with EPS estimates ranging from $0.58 to $0.70. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Sportsman’s Warehouse.
Sportsman’s Warehouse (NASDAQ:SPWH) last issued its earnings results on Thursday, March 28th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.25. The company had revenue of $242.70 million for the quarter, compared to analysts’ expectations of $242.43 million. Sportsman’s Warehouse had a net margin of 2.80% and a return on equity of 41.69%. The firm’s revenue was down .2% on a year-over-year basis.
Several large investors have recently made changes to their positions in the business. Stephens Investment Management Group LLC bought a new position in shares of Sportsman’s Warehouse during the first quarter valued at $5,819,000. Cannell Capital LLC raised its stake in Sportsman’s Warehouse by 43.2% during the fourth quarter. Cannell Capital LLC now owns 2,201,757 shares of the company’s stock worth $9,644,000 after buying an additional 664,573 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Sportsman’s Warehouse by 596.3% during the first quarter. Assenagon Asset Management S.A. now owns 367,700 shares of the company’s stock worth $1,765,000 after buying an additional 314,895 shares during the last quarter. Vanguard Group Inc raised its stake in Sportsman’s Warehouse by 19.2% during the third quarter. Vanguard Group Inc now owns 1,837,433 shares of the company’s stock worth $10,748,000 after buying an additional 295,727 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Sportsman’s Warehouse by 19.2% during the third quarter. Vanguard Group Inc. now owns 1,837,433 shares of the company’s stock worth $10,748,000 after buying an additional 295,727 shares during the last quarter. Hedge funds and other institutional investors own 92.14% of the company’s stock.
Shares of SPWH stock traded up $0.03 on Thursday, reaching $4.37. The stock had a trading volume of 142,545 shares, compared to its average volume of 257,012. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.07 and a current ratio of 1.22. The stock has a market cap of $184.38 million, a price-to-earnings ratio of 7.28, a PEG ratio of 0.78 and a beta of 0.04. Sportsman’s Warehouse has a 12 month low of $4.04 and a 12 month high of $6.69.
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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