Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Receives $8.25 Consensus Price Target from Analysts

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWHGet Free Report) have been given an average recommendation of “Hold” by the four research firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $8.25.

SPWH has been the topic of several analyst reports. StockNews.com upgraded Sportsman’s Warehouse to a “sell” rating in a research report on Thursday, January 11th. B. Riley downgraded Sportsman’s Warehouse from a “buy” rating to a “neutral” rating in a research report on Thursday, December 14th.

Check Out Our Latest Analysis on SPWH

Hedge Funds Weigh In On Sportsman’s Warehouse

Several large investors have recently made changes to their positions in SPWH. UBS Group AG lifted its position in shares of Sportsman’s Warehouse by 145.2% in the second quarter. UBS Group AG now owns 4,414 shares of the company’s stock valued at $42,000 after acquiring an additional 2,614 shares in the last quarter. Quarry LP lifted its position in shares of Sportsman’s Warehouse by 509.1% in the first quarter. Quarry LP now owns 5,476 shares of the company’s stock valued at $46,000 after acquiring an additional 4,577 shares in the last quarter. Wolverine Trading LLC purchased a new position in shares of Sportsman’s Warehouse in the third quarter valued at about $47,000. Ancora Advisors LLC purchased a new position in shares of Sportsman’s Warehouse in the first quarter valued at about $52,000. Finally, Citigroup Inc. lifted its position in shares of Sportsman’s Warehouse by 1,012.3% in the second quarter. Citigroup Inc. now owns 11,279 shares of the company’s stock valued at $64,000 after acquiring an additional 10,265 shares in the last quarter. 83.04% of the stock is currently owned by hedge funds and other institutional investors.

Sportsman’s Warehouse Stock Performance

NASDAQ SPWH opened at $3.13 on Monday. The company has a market capitalization of $117.09 million, a PE ratio of -12.04 and a beta of 0.76. The business’s fifty day moving average is $3.51 and its 200 day moving average is $4.18. Sportsman’s Warehouse has a fifty-two week low of $2.74 and a fifty-two week high of $8.85.

Sportsman’s Warehouse Company Profile

(Get Free Report

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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