During the last session, Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH)’s traded shares were 0.8 million, with the beta value of the company hitting 1.05. At the end of the trading day, the stock’s price was $17.77, reflecting an intraday loss of -0.11% or -$0.02. The 52-week high for the SPWH share is $18.08, that puts it down -1.74 from that peak though still a striking 36.47% gain since the share price plummeted to a 52-week low of $11.29. The company’s market capitalization is $774.95M, and the average intraday trading volume over the past 10 days was 0.35 million shares, and the average trade volume was 541.45K shares over the past three months.
Sportsman’s Warehouse Holdings Inc. (SPWH) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 2.70. SPWH has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.48.
Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) trade information
Sportsman’s Warehouse Holdings Inc. (SPWH) registered a -0.11% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.11% in intraday trading to $17.77 this Friday, 09/03/21, hitting a weekly high. The stock’s 5-day price performance is -0.11%, and it has moved by -0.11% in 30 days. Based on these gigs, the overall price performance for the year is 21.46%. The short interest in Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) is 3.43 million shares and it means that shorts have 7.2 day(s) to cover.
The consensus price target of analysts on Wall Street is $18.00, which implies an increase of 1.28% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18.00 and $18.00 respectively. As a result, SPWH is trading at a discount of -1.29% off the target high and -1.29% off the low.
Sportsman’s Warehouse Holdings Inc. (SPWH) estimates and forecasts
Statistics show that Sportsman’s Warehouse Holdings Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Sportsman’s Warehouse Holdings Inc. (SPWH) shares have gone up 4.90% during the last six months, with a year-to-date growth rate less than the industry average at 0.45% against 40.40. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to shrink -36.80% this quarter and then drop -14.10% in the quarter after that. In the rating firms’ projections, revenue will decrease -1.10% compared to the previous financial year.
Revenue for the current quarter is expected to be $345.56 million as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $372.82 million by the end of Oct 2021.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 25.70%. While earnings are projected to return 343.50% in 2021, the next five years will return 20.72% per annum.
Sportsman’s Warehouse Holdings Inc. is due to release its next quarterly earnings on March 31. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH)’s Major holders
Sportsman’s Warehouse Holdings Inc. insiders own 2.37% of total outstanding shares while institutional holders control 101.63%, with the float percentage being 104.10%. Magnetar Financial LLC is the largest shareholder of the company, while 210 institutions own stock in it. As of Mar 30, 2021, the company held over 3.34 million shares (or 7.62% of all shares), a total value of $57.56 million in shares.
The next largest institutional holding, with 3.15 million shares, is of Blackrock Inc.’s that is approximately 7.20% of outstanding shares. At the market price on Mar 30, 2021, these shares were valued at $54.38 million.
Also, the Mutual Funds coming in first place with the largest holdings of Sportsman’s Warehouse Holdings Inc. (SPWH) shares are Vanguard Total Stock Market Index Fund and Merger Fund, The. Data provided on Mar 30, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 1.15 million shares. This amounts to just over 2.62 percent of the company’s overall shares, with a $19.84 million market value. The same data shows that the other fund manager holds slightly less at 1.08 million, or about 2.46% of the stock, which is worth about $18.62 million.