Shares of Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Get Free Report) have been assigned an average rating of "Moderate Buy" from the six analysts that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $3.20.
SPWH has been the subject of a number of recent research reports. StockNews.com raised Sportsman's Warehouse from a "sell" rating to a "hold" rating in a research note on Saturday, November 30th. B. Riley raised Sportsman's Warehouse from a "neutral" rating to a "buy" rating and raised their price objective for the company from $2.00 to $4.00 in a research note on Wednesday, December 11th.
Read Our Latest Research Report on Sportsman's Warehouse
SPWH opened at $2.23 on Thursday. Sportsman's Warehouse has a fifty-two week low of $1.81 and a fifty-two week high of $4.44. The business has a 50-day moving average of $2.34 and a 200-day moving average of $2.43. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.20 and a quick ratio of 0.07. The company has a market capitalization of $84.64 million, a PE ratio of -2.53 and a beta of 0.52.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SPWH. Ground Swell Capital LLC acquired a new stake in Sportsman's Warehouse in the 3rd quarter valued at approximately $28,000. Point72 DIFC Ltd acquired a new stake in Sportsman's Warehouse in the 2nd quarter valued at approximately $40,000. Abacus Planning Group Inc. acquired a new stake in Sportsman's Warehouse in the 3rd quarter valued at approximately $55,000. Barclays PLC grew its holdings in Sportsman's Warehouse by 25,025.0% in the 3rd quarter. Barclays PLC now owns 38,190 shares of the company's stock valued at $103,000 after buying an additional 38,038 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in Sportsman's Warehouse in the 3rd quarter valued at approximately $107,000. Institutional investors and hedge funds own 83.04% of the company's stock.
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 apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.
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