SPWH

Roth MKM Initiates Coverage of Sportsman's Warehouse Holdings (SPWH) with Buy Recommendation

Fintel reports that on June 3, 2024, Roth MKM initiated coverage of Sportsman's Warehouse Holdings (NasdaqGS:SPWH) with a Buy recommendation.

Analyst Price Forecast Suggests 15.91% Upside

As of June 1, 2024, the average one-year price target for Sportsman's Warehouse Holdings is 4.84. The forecasts range from a low of 4.04 to a high of $6.30. The average price target represents an increase of 15.91% from its latest reported closing price of 4.18.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Sportsman's Warehouse Holdings is 1,692MM, an increase of 31.37%. The projected annual non-GAAP EPS is 1.46.

What is the Fund Sentiment?

There are 240 funds or institutions reporting positions in Sportsman's Warehouse Holdings. This is an decrease of 20 owner(s) or 7.69% in the last quarter. Average portfolio weight of all funds dedicated to SPWH is 0.07%, an increase of 57.79%. Total shares owned by institutions decreased in the last three months by 3.96% to 34,954K shares. SPWH / Sportsman's Warehouse Holdings, Inc. Put/Call Ratios The put/call ratio of SPWH is 1.45, indicating a bearish outlook.

What are Other Shareholders Doing?

SPWH / Sportsman's Warehouse Holdings, Inc. Shares Held by Institutions

Cannell Capital holds 3,722K shares representing 9.89% ownership of the company. No change in the last quarter.

FLPSX - Fidelity Low-Priced Stock Fund holds 2,816K shares representing 7.48% ownership of the company. In its prior filing, the firm reported owning 2,834K shares , representing a decrease of 0.64%. The firm decreased its portfolio allocation in SPWH by 30.26% over the last quarter.

Towle holds 1,915K shares representing 5.09% ownership of the company. In its prior filing, the firm reported owning 1,644K shares , representing an increase of 14.15%. The firm decreased its portfolio allocation in SPWH by 13.75% over the last quarter.

Jb Capital Partners holds 1,612K shares representing 4.28% ownership of the company. No change in the last quarter.

Solas Capital Management holds 1,463K shares representing 3.89% ownership of the company. In its prior filing, the firm reported owning 1,309K shares , representing an increase of 10.52%. The firm decreased its portfolio allocation in SPWH by 15.50% over the last quarter.

Sportsman`s Warehouse Holdings Background Information
(This description is provided by the company.)

Sportsman's Warehouse is an outdoor specialty retailer focused on meeting the everyday needs of the seasoned outdoor veteran, the first-time participant, and everyone in between. The company provides outstanding gear and exceptional service to inspire outdoor memories.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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