During the last session, Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH)’s traded shares were 0.43 million, with the beta value of the company hitting 0.60. At the end of the trading day, the stock’s price was $2.00, reflecting an intraday loss of -1.96% or -$0.04. The 52-week high for the SPWH share is $5.41, that puts it down -170.5 from that peak though still a striking 9.5% gain since the share price plummeted to a 52-week low of $1.81. The company’s market capitalization is $75.70M, and the average intraday trading volume over the past 10 days was 0.3 million shares, and the average trade volume was 398.16K shares over the past three months.
Sportsman’s Warehouse Holdings Inc (SPWH) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.67. SPWH has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 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 -0.02.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) trade information
Sportsman’s Warehouse Holdings Inc (SPWH) registered a -1.96% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.96% in intraday trading to $2.00, hitting a weekly high. The stock’s 5-day price performance is -11.11%, and it has moved by -20.95% in 30 days. Based on these gigs, the overall price performance for the year is -59.76%. The short interest in Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) is 1.06 million shares and it means that shorts have 3.02 day(s) to cover.
The consensus price target of analysts on Wall Street is $4, which implies an increase of 50.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $17 respectively. As a result, SPWH is trading at a discount of -750.0% off the target high and 0.0% 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 down -39.76% during the last six months, with a year-to-date growth rate less than the industry average at -15.63% against 8.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -100.00% this quarter and then jump 83.00% in the quarter after that. In the rating firms’ projections, revenue will decrease -10.97% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 300.5M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 313.21M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 340.57M and 370.39M respectively. In this case, analysts expect current quarter sales to shrink by -11.77% and then drop by -15.44% in the coming quarter.
While earnings are projected to return -4.17% in 2024, the next five years will return 20.72% per annum.
SPWH Dividends
Sportsman’s Warehouse Holdings Inc is due to release its next quarterly earnings in December. 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 5.27% of total outstanding shares while institutional holders control 84.34%, with the float percentage being 89.04%. FMR LLC is the largest shareholder of the company, while 107.0 institutions own stock in it. As of 2024-06-30, the company held over 5.27 million shares (or 14.0199% of all shares), a total value of $12.69 million in shares.
The next largest institutional holding, with 3.39 million shares, is of CANNELL CAPITAL LLC’s that is approximately 9.0148% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $8.16 million.
Also, the Mutual Funds coming in first place with the largest holdings of Sportsman’s Warehouse Holdings Inc (SPWH) shares are Fidelity Low-Priced Stock Fund and Vanguard Total Stock Market Index Fund . Data provided on Aug 31, 2024 indicates that Fidelity Low-Priced Stock Fund owns about 2.77 shares. This amounts to just over 7.32 percent of the company’s overall shares, with a $5.54 million market value. The same data shows that the other fund manager holds slightly less at 1.12, or about 2.95% of the stock, which is worth about $2.23 million.
