Sportsman’s Warehouse (NASDAQ:SPWH) Releases Q4 Earnings Guidance

Sportsman’s Warehouse (NASDAQ:SPWH) updated its fourth quarter earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.29-0.35 for the period, compared to the Thomson Reuters consensus estimate of $0.28. The company issued revenue guidance of $263-273 million, compared to the consensus revenue estimate of $264.19 million.Sportsman’s Warehouse also updated its FY 2019
After-Hours guidance to 0.55-0.61 EPS.

SPWH has been the topic of a number of research analyst reports. Robert W. Baird lifted their price target on shares of Sportsman’s Warehouse from $7.00 to $8.00 and gave the company a neutral rating in a research note on Thursday. Zacks Investment Research upgraded shares of Sportsman’s Warehouse from a hold rating to a buy rating and set a $4.50 price objective for the company in a research report on Tuesday, September 3rd. DA Davidson set a $6.00 price objective on shares of Sportsman’s Warehouse and gave the company a buy rating in a report on Monday, September 23rd. Piper Jaffray Companies reiterated an in-line rating and issued a $11.00 target price (up previously from $8.00) on shares of Sportsman’s Warehouse in a research report on Thursday. Finally, BidaskClub upgraded shares of Sportsman’s Warehouse from a buy rating to a strong-buy rating in a research report on Sunday, October 13th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of Buy and an average target price of $7.38.

NASDAQ:SPWH traded up $0.76 during trading hours on Thursday, hitting $8.09. 152,322 shares of the stock were exchanged, compared to its average volume of 378,545. Sportsman’s Warehouse has a 52-week low of $3.41 and a 52-week high of $7.67. The firm’s fifty day moving average price is $6.97 and its 200 day moving average price is $4.95. The company has a current ratio of 1.04, a quick ratio of 0.05 and a debt-to-equity ratio of 2.31. The company has a market cap of $316.01 million, a P/E ratio of 13.48 and a beta of 0.36.

Sportsman’s Warehouse (NASDAQ:SPWH) last announced its earnings results on Wednesday, December 4th. The company reported $0.25 EPS for the quarter, meeting analysts’ consensus estimates of $0.25. The business had revenue of $242.50 million during the quarter, compared to analysts’ expectations of $235.39 million. Sportsman’s Warehouse had a return on equity of 27.73% and a net margin of 2.71%. The business’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.26 earnings per share. Equities analysts expect that Sportsman’s Warehouse will post 0.53 EPS for the current fiscal year.

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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Earnings History and Estimates for Sportsman`s Warehouse (NASDAQ:SPWH)

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