Confidence in Sportsman’s Warehouse (NASDAQ:SPWH) Shares by Baird Fall.

March 16, 2018 - By Stephen Andrade

 Confidence in Sportsman's Warehouse (NASDAQ:SPWH) Shares by Baird Fall.

Sportsman’s Warehouse (NASDAQ:SPWH) Receives a Downgrade

Sportsman’s Warehouse (NASDAQ:SPWH) was decreased by expert analysts at Baird from their past Outperform rating to a Neutral rating in analysts note revealed on Thursday morning.

Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) Ratings Coverage

Among 8 analysts covering Sportsmans Warehouse (NASDAQ:SPWH), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Sportsmans Warehouse has $16.50 highest and $4.0 lowest target. $8.19’s average target is 102.72% above currents $4.04 stock price. Sportsmans Warehouse had 26 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Buy” rating by DA Davidson given on Wednesday, December 27. The firm has “Buy” rating by M Partners given on Friday, November 20. The rating was maintained by M Partners with “Buy” on Monday, May 23. On Thursday, March 24 the stock rating was maintained by Goldman Sachs with “Buy”. The rating was maintained by Forward View Consulting on Saturday, November 18 with “Hold”. The stock has “Buy” rating by Robert W. Baird on Tuesday, January 2. The rating was maintained by Sterne Agee CRT with “Buy” on Sunday, August 30. As per Friday, August 28, the company rating was maintained by M Partners. The rating was maintained by Piper Jaffray on Friday, August 18 with “Hold”. On Thursday, March 15 the stock rating was downgraded by Robert W. Baird to “Neutral”.

The stock increased 0.75% or $0.03 during the last trading session, reaching $4.04. About 251,720 shares traded. Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) has declined 41.90% since March 16, 2017 and is downtrending. It has underperformed by 58.60% the S&P500.

Analysts await Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) to report earnings on March, 22. They expect $0.26 EPS, up 4.00 % or $0.01 from last year’s $0.25 per share. SPWH’s profit will be $11.07M for 3.88 P/E if the $0.26 EPS becomes a reality. After $0.23 actual EPS reported by Sportsman's Warehouse Holdings, Inc. for the previous quarter, Wall Street now forecasts 13.04 % EPS growth.

SportsmanÂ’s Warehouse Holdings, Inc., together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. The company has market cap of $172.02 million. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and clothing products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear. It has a 7.65 P/E ratio. The firm also provides fishing products comprising bait, electronics, fishing rods, flotation items, fly fishing products, lines, lures, reels, tackles, and small boats; and foot wear products consisting of hiking and work boots, socks, sport sandals, technical footwear, trial and casual shoes, and waders.

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