Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) shares traded -1.57% lower at $8.17 on Wall Street last session.
In accordance with the data, 6 analysts cover Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $16.00 and a low of $10.00, we find $14.00. Given the previous closing price of $8.30, this indicates a potential upside of 68.67 percent. SPWH stock price is now -13.08% away from the 50-day moving average and -12.87% away from the 200-day moving average. The market capitalization of the company currently stands at $319.61M.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
It has been rated a hold by 2 analysts and a buy by 4. Brokers who have rated the stock have averaged $13.17 as their price target over the next twelve months.
With the price target of $14, B. Riley Securities recently initiated with Buy rating for Sportsman’s Warehouse Holdings Inc. (NASDAQ: SPWH). On December 06, 2021, Lake Street Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $18 to quote $20, while ‘Piper Sandler’ rates the stock as ‘Neutral’.
In other news, Barker Jon, PRESIDENT AND CEO sold 150,833 shares of the company’s stock on Dec 16. The stock was sold for $1,392,038 at an average price of $9.23. Upon completion of the transaction, the PRESIDENT AND CEO now directly owns 492,482 shares in the company, valued at $4.02 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 15, PRESIDENT AND CEO Barker Jon sold 14,167 shares of the business’s stock. A total of $133,198 was realized by selling the stock at an average price of $9.40. This leaves the insider owning 643,315 shares of the company worth $5.26 million. Insiders disposed of 275,150 shares of company stock worth roughly $2.25 million over the past 1 year. A total of 2.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SPWH stock. A new stake in Sportsman’s Warehouse Holdings Inc. shares was purchased by SOLAS CAPITAL MANAGEMENT, LLC during the first quarter worth $4,858,000. ARROWSTREET CAPITAL, LIMITED PARTNERSHIP invested $4,318,000 in shares of SPWH during the first quarter. In the first quarter, BRIDGEWAY CAPITAL MANAGEMENT, LLC acquired a new stake in Sportsman’s Warehouse Holdings Inc. valued at approximately $1,207,000. CHIMERA CAPITAL MANAGEMENT LLC acquired a new stake in SPWH for approximately $731,000. GSA CAPITAL PARTNERS LLP purchased a new stake in SPWH valued at around $602,000 in the second quarter. In total, there are 196 active investors with 98.30% ownership of the company’s stock.
Sportsman’s Warehouse Holdings Inc. (NASDAQ: SPWH) opened at $8.13 on Wednesday. During the past 12 months, Sportsman’s Warehouse Holdings Inc. has had a low of $7.75 and a high of $12.28. As of last week, the company has a debt-to-equity ratio of 0.41, a current ratio of 1.40, and a quick ratio of 0.10. The fifty day moving average price for SPWH is $9.37 and a two-hundred day moving average price translates $9.37 for the stock.
The latest earnings results from Sportsman’s Warehouse Holdings Inc. (NASDAQ: SPWH) was released for Oct, 2022. According to the Specialty Retail Company, earnings per share came in at $0.34, beating analysts’ expectations of $0.29 by 0.05. This compares to $0.49 EPS in the same period last year. The net profit margin was 6.10% and return on equity was 29.50% for SPWH. The company reported revenue of $359.72 million for the quarter, compared to $401.01 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.3 percent. For the current quarter, analysts expect SPWH to generate $383.86M in revenue.
Sportsman’s Warehouse Holdings Inc.(SPWH) 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 apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear. The company also provides fishing products comprising bait, electronics, fishing rods, flotation items, fly fishing products, lines, lures, reels, tackles, and small boats; and foot wear products consisting of hiking and work boots, socks, sport sandals, technical footwear, trial and casual shoes, and waders. In addition, it offers hunting and shooting products, such as ammunition, archery items, ATV accessories, blinds and tree stands, decoys, firearms, firearms safety and storage products, reloading equipment, and shooting gear products; and optics, electronics, and accessories, including gift items, GPS devices, knives, lighting, optics, and two-way radios. Further, the company’s stores provide archery technician services, fishing-reel line winding, bore sighting and scope mounting, and cleaning services, as well as issues hunting and fishing licenses. Additionally, it offers various private label and special make-up offerings under the Rustic Ridge, Killik, Vital Impact, Yukon Gold, Lost Creek, and Sportsman’s Warehouse brands. Sportsman’s Warehouse Holdings, Inc. was founded in 1986 and is headquartered in West Jordan, Utah.
Leave a Reply