Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) Shares Surged 9.80% In A Week – But Can It Maintain Its Gains?

In last trading session, Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) saw 0.43 million shares changing hands with its beta currently measuring 0.60. Company’s recent per share price level of $2.24 trading at $0.05 or 2.28% at ring of the bell on the day assigns it a market valuation of $84.78M. That closing price of SPWH’s stock is at a discount of -141.52% from its 52-week high price of $5.41 and is indicating a premium of 19.2% from its 52-week low price of $1.81. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.52 million shares which gives us an average trading volume of 439.55K if we extend that period to 3-months.

For Sportsman’s Warehouse Holdings Inc (SPWH), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.67. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.02 in the current quarter.

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Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) trade information

Upright in the green during last session for gaining 2.28%, in the last five days SPWH remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $2.24 price level, adding 5.08% to its value on the day. Sportsman’s Warehouse Holdings Inc’s shares saw a change of -47.42% in year-to-date performance and have moved 9.80% in past 5-day. Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) showed a performance of -17.04% in past 30-days. Number of shares sold short was 0.92 million shares which calculate 3.53 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 44.0% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 17. It follows that stock’s current price would jump 10.71% in reaching the projected high whereas dropping to the targeted low would mean a gain of 10.71% for stock’s current value.

Sportsman’s Warehouse Holdings Inc (SPWH) estimates and forecasts

Statistics highlight that Sportsman’s Warehouse Holdings Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -41.21% of value to its shares in past 6 months, showing an annual growth rate of -15.63% while that of industry is 8.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -10.97% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 300.5M for the same. And 5 analysts are in estimates of company making revenue of 313.21M in the next quarter. Company posted 340.57M and 370.39M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around -4.17% while estimates for its earnings growth in next 5 years are of 20.72%.

Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH)’s Major holders

Insiders are in possession of 5.27% of company’s total shares while institution are holding 84.34 percent of that, with stock having share float percentage of 89.04%. Investors also watch the number of corporate investors in a company very closely, which is 84.34% institutions for Sportsman’s Warehouse Holdings Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at SPWH for having 5.27 million shares of worth $12.69 million. And as of 2024-06-30, it was holding 14.0199 of the company’s outstanding shares.

The second largest institutional holder is CANNELL CAPITAL LLC, which was holding about 3.39 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.0148 of outstanding shares, having a total worth of $8.16 million.

On the other hand, Fidelity Low-Priced Stock Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Aug 31, 2024 , the former fund manager was holding 2.77 shares of worth $5.93 million or 7.32% of the total outstanding shares. The later fund manager was in possession of 1.12 shares on Jun 30, 2024 , making its stake of worth around $2.39 million in the company or a holder of 2.95% of company’s stock.