Sportsman’s Warehouse Holdings Inc (NASDAQ: SPWH) Just Learned Something New After This Week’s 9.96% Gain

Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH)’s traded shares stood at 0.66 million during the last session, with the company’s beta value hitting 0.56. At the close of trading, the stock’s price was $2.65, to imply a decrease of -0.38% or -$0.01 in intraday trading. The SPWH share’s 52-week high remains $4.62, putting it -74.34% down since that peak but still an impressive 31.7% since price per share fell to its 52-week low of $1.81. The company has a valuation of $100.59M, with an average of 0.58 million shares in intraday trading volume over the past 10 days and average of 491.28K shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Sportsman’s Warehouse Holdings Inc (SPWH), translating to a mean rating of 2.33. Of 5 analyst(s) looking at the stock, 0 analyst(s) give SPWH a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 2 recommend it as a Buy.

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

After registering a -0.38% downside in the last session, Sportsman’s Warehouse Holdings Inc (SPWH) has traded red over the past five days. The 5-day price performance for the stock is 9.96%, and 42.47% over 30 days. With these gigs, the year-to-date price performance is -37.79%. Short interest in Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) saw shorts transact 0.85 million shares and set a 2.26 days time to cover.

The extremes give us $2 and $5 for target low and target high price respectively. As such, SPWH has been trading -88.68% off suggested target high and 24.53% from its likely low.

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

Looking at statistics comparing Sportsman’s Warehouse Holdings Inc share performance against respective industry, we note that the company has underperformed competitors. Sportsman’s Warehouse Holdings Inc (SPWH) shares are 9.96% up over the last 6 months, with its year-to-date growth rate lower than industry average at -1.56% against 8.30%.

SPWH Dividends

Sportsman’s Warehouse Holdings Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Sportsman’s Warehouse Holdings Inc insiders hold 5.27% of total outstanding shares, with institutional holders owning 84.33% of the shares at 89.02% float percentage. In total, 84.33% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 5.27 million shares (or 14.0199% of shares), all amounting to roughly $12.69 million.

The next major institution holding the largest number of shares is CANNELL CAPITAL LLC with 3.39 million shares, or about 9.0148% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $8.16 million.