In the last trading session, 0.29 million Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) shares changed hands as the company’s beta touched 0.57. With the company’s per share price at $2.32 changed hands at -$0.02 or -0.85% during last session, the market valuation stood at $90.34M. SPWH’s last price was a discount, traded about -99.14% off its 52-week high of $4.62. The share price had its 52-week low at $1.81, which suggests the last value was 21.98% up since then. When we look at Sportsman’s Warehouse Holdings Inc’s average trading volume, we note the 10-day average is 1.0 million shares, with the 3-month average coming to 479.43K.
Analysts gave the Sportsman’s Warehouse Holdings Inc (SPWH) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.33. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended SPWH as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) trade information
Instantly SPWH was in red as seen at the end of in last trading. With action -8.11%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -44.13%, with the 5-day performance at -8.11% in the red. However, in the 30-day time frame, Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) is 19.00% up. Looking at the short shares, we see there were 0.85 million shares sold at short interest cover period of 2.26 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 22.67% from its current market value. According to analyst projections, SPWH’s forecast low is 2 with 5 as the target high. To hit the forecast high, the stock’s price needs a -115.52% plunge from its current level, while the stock would need to tank 13.79% for it to hit the projected low.
Sportsman’s Warehouse Holdings Inc (SPWH) estimates and forecasts
Data shows that the Sportsman’s Warehouse Holdings Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -0.42% over the past 6 months, a -1.56% in annual growth rate that is considerably lower than the industry average of 8.20%.
The 2024 estimates are for Sportsman’s Warehouse Holdings Inc earnings to decrease by -0.52%, but the outlook for the next 5-year period is at 20.72% per year.
SPWH Dividends
Sportsman’s Warehouse Holdings Inc is expected to release its next quarterly earnings report in January.
Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.27% of Sportsman’s Warehouse Holdings Inc shares while 84.33% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 89.02%. There are 84.33% institutions holding the Sportsman’s Warehouse Holdings Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 14.0199% of the shares, roughly 5.27 million SPWH shares worth $12.69 million.
CANNELL CAPITAL LLC holds the second largest percentage of outstanding shares, with 9.0148% or 3.39 million shares worth $8.16 million as of 2024-06-30.
