Sportsman’s Warehouse Stock Forecast, Price & News (NASDAQ:SPWH)

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Earnings results for Sportsman’s Warehouse Stock Forecast, Price & News (NASDAQ:SPWH)

Sportsman’s Warehouse Holdings, Inc. is expected* to report earnings on 09/02/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.31. The reported EPS for the same quarter last year was $0.13.

Sportsman’s Warehouse last posted its quarterly earnings results on June 4th, 2020. The reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.07. The business had revenue of $246.84 million for the quarter, compared to the consensus estimate of $224.71 million. Its revenue for the quarter was up 41.8% compared to the same quarter last year. Sportsman’s Warehouse has generated $0.47 earnings per share over the last year and currently has a price-to-earnings ratio of 31.3. Sportsman’s Warehouse has confirmed that its next quarterly earnings report will be published on Wednesday, September 2nd, 2020.

Analyst Opinion on Sportsman’s Warehouse Stock Forecast, Price & News (NASDAQ:SPWH)

8 Wall Street analysts have issued ratings and price targets for Sportsman’s Warehouse in the last 12 months. Their average twelve-month price target is $12.93, predicting that the stock has a possible downside of 26.16%. The high price target for SPWH is $18.00 and the low price target for SPWH is $6.00. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Sportsman’s Warehouse has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $12.93, Sportsman’s Warehouse has a forecasted downside of 26.2% from its current price of $17.51. Sportsman’s Warehouse has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Sportsman’s Warehouse Stock Forecast, Price & News (NASDAQ:SPWH)

Sportsman’s Warehouse does not currently pay a dividend. Sportsman’s Warehouse does not have a long track record of dividend growth.

Insiders buying/selling: Sportsman’s Warehouse Stock Forecast, Price & News (NASDAQ:SPWH)

In the past three months, Sportsman’s Warehouse insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $410,704.00 in company stock. Only 2.14% of the stock of Sportsman’s Warehouse is held by insiders. 98.71% of the stock of Sportsman’s Warehouse is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Sportsman’s Warehouse Stock Forecast, Price & News (NASDAQ:SPWH

Earnings for Sportsman’s Warehouse are expected to decrease by -3.30% in the coming year, from $0.91 to $0.88 per share. The P/E ratio of Sportsman’s Warehouse is 31.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.32. The P/E ratio of Sportsman’s Warehouse is 31.27, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.30. Sportsman’s Warehouse has a P/B Ratio of 6.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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