The price of Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) shares last traded on Wall Street fell -6.69% to $2.23.
SPWH stock price is now -7.18% away from the 50-day moving average and -16.90% away from the 200-day moving average. The market capitalization of the company currently stands at $84.65M.
With the price target enhanced from $2 to $4, B. Riley Securities Upgraded its rating from Neutral to Buy for Sportsman’s Warehouse Holdings Inc (NASDAQ: SPWH). On June 03, 2024, ROTH MKM recently initiated its ‘Buy’ rating on the stock quoting a target price of $5, while ‘B. Riley Securities’ rates the stock as ‘Neutral’
In other news, White Jeffrey Justin, CFO AND SECRETARY bought 10,000 shares of the company’s stock on Oct 02 ’24. The stock was bought for $23,000 at an average price of $2.30. Upon completion of the transaction, the CFO AND SECRETARY now directly owns 116,326 shares in the company, valued at $0.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 02 ’24, PRESIDENT AND CEO Stone Paul bought 31,895 shares of the business’s stock. A total of $74,988 was incurred on buying the stock at an average price of $2.35. This leaves the insider owning 936,052 shares of the company worth $2.09 million. A total of 6.00% of the company’s stock is owned by insiders.
During the past 12 months, Sportsman’s Warehouse Holdings Inc has had a low of $1.81 and a high of $4.59. As of last week, the company has a debt-to-equity ratio of 2.19, a current ratio of 1.20, and a quick ratio of 0.06. The fifty day moving average price for SPWH is $2.4062 and a two-hundred day moving average price translates $2.687675 for the stock.
The latest earnings results from Sportsman’s Warehouse Holdings Inc (NASDAQ: SPWH) was released for 2024-08-03. The net profit margin was -2.69% and return on equity was -12.82% for SPWH. The company reported revenue of $288.73 million for the quarter, compared to $309.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.71 percent.
