Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) has a beta value of 0.73 and has seen 1.29 million shares traded in the last trading session. The company, currently valued at $143.71M, closed the last trade at $3.82 per share which meant it gained $0.03 on the day or 0.79% during that session. The SPWH stock price is -131.68% off its 52-week high price of $8.85 and 28.27% above the 52-week low of $2.74. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.99 million shares traded. The 3-month trading volume is 425.24K shares.
Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) trade information
Sporting 0.79% in the green in last session, the stock has traded in the green over the last five days, when the SPWH stock price touched $3.82 or saw a rise of 5.21%. Year-to-date, Sportsman’s Warehouse Holdings Inc shares have moved -10.33%, while the 5-day performance has seen it change 22.83%. Over the past 30 days, the shares of Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) have changed 13.02%. Short interest in the company has seen 3.58 million shares shorted with days to cover at 10.91.
Sportsman’s Warehouse Holdings Inc (SPWH) estimates and forecasts
Figures show that Sportsman’s Warehouse Holdings Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -10.96% over the past 6 months, with this year growth rate of 103.13%, compared to 7.40% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 20.50% and 50.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be -6.00%.
4 analysts offering their estimates for the company have set an average revenue estimate of $250.73 million for the current quarter. 4 have an estimated revenue figure of $294.11 million for the next quarter concluding in Jul 2024.
Earnings growth for 2024 is a modest 75.94% while over the next 5 years, the company’s earnings are expected to increase by 20.72%.
SPWH Dividends
Sportsman’s Warehouse Holdings Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH)’s Major holders
Insiders own 3.81% of the company shares, while shares held by institutions stand at 89.57% with a share float percentage of 93.12%. Investors are also buoyed by the number of investors in a company, with Sportsman’s Warehouse Holdings Inc having a total of 150 institutions that hold shares in the company. The top two institutional holders are Cannell Capital LLC with over 3.69 million shares worth more than $21.03 million. As of Jun 29, 2023, Cannell Capital LLC held 9.87% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 2.52 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $14.36 million and represent 6.74% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Jun 29, 2023, the former fund manager holds about 2.84% shares in the company for having 1.06 million shares of worth $6.04 million while later fund manager owns 0.79 million shares of worth $3.81 million as of Aug 30, 2023, which makes it owner of about 2.12% of company’s outstanding stock.
