Gamco Investors INC. ET AL Purchases 6,972 Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH)

Gamco Investors INC. ET AL boosted its position in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 1.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 555,047 shares of the company’s stock after acquiring an additional 6,972 shares during the period. Gamco Investors INC. ET AL owned 1.46% of Sportsman’s Warehouse worth $1,482,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. R Squared Ltd purchased a new stake in shares of Sportsman’s Warehouse during the 4th quarter valued at approximately $33,000. Barclays PLC boosted its holdings in shares of Sportsman’s Warehouse by 25,025.0% in the third quarter. Barclays PLC now owns 38,190 shares of the company’s stock worth $103,000 after acquiring an additional 38,038 shares during the period. XTX Topco Ltd purchased a new position in shares of Sportsman’s Warehouse in the third quarter valued at $107,000. U S Wealth Group LLC. bought a new stake in shares of Sportsman’s Warehouse during the 4th quarter valued at $138,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Sportsman’s Warehouse during the 4th quarter worth about $155,000. 83.04% of the stock is owned by hedge funds and other institutional investors.

Sportsman’s Warehouse Stock Down 1.3 %

SPWH opened at $1.54 on Friday. The company has a quick ratio of 0.06, a current ratio of 1.20 and a debt-to-equity ratio of 0.10. The business’s fifty day simple moving average is $1.38 and its 200 day simple moving average is $2.04. Sportsman’s Warehouse Holdings, Inc. has a 52 week low of $0.92 and a 52 week high of $4.44. The stock has a market cap of $58.70 million, a PE ratio of -1.75 and a beta of 0.75.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its earnings results on Tuesday, April 1st. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.12. Sportsman’s Warehouse had a negative return on equity of 11.72% and a negative net margin of 2.69%. The company had revenue of $340.40 million during the quarter, compared to the consensus estimate of $328.67 million. As a group, research analysts expect that Sportsman’s Warehouse Holdings, Inc. will post -0.65 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on SPWH shares. Craig Hallum raised shares of Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $3.00 price target on the stock in a report on Wednesday, April 2nd. B. Riley reissued a “buy” rating and issued a $3.00 price target (down from $4.00) on shares of Sportsman’s Warehouse in a report on Wednesday, April 2nd. Finally, Roth Mkm decreased their price target on shares of Sportsman’s Warehouse from $3.50 to $2.50 and set a “buy” rating on the stock in a report on Wednesday, April 2nd. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $2.80.

Sportsman’s Warehouse Profile

Sportsman’s Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.