B.Riley Financial analyst Eric Wold reiterated a Buy rating on Sportsman’s Warehouse (SPWH – Research Report) today and set a price target of $16.00. The company’s shares closed last Friday at $8.43.
Wold covers the Services sector, focusing on stocks such as Marcus, SeaWorld, and Cedar Fair. According to TipRanks, Wold has an average return of -6.4% and a 30.97% success rate on recommended stocks.
In addition to B.Riley Financial, Sportsman’s Warehouse also received a Buy from Lake Street’s Mark Smith in a report issued on September 23. However, on the same day, Robert W. Baird reiterated a Hold rating on Sportsman’s Warehouse (NASDAQ: SPWH).
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Based on Sportsman’s Warehouse’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $351.02 million and a net profit of $14.61 million. In comparison, last year the company earned a revenue of $361.78 million and had a net profit of $17.72 million
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Sportsman’s Warehouse Holdings, Inc. engages in the retail of sporting and athletic goods through its wholly owned subsidiaries, Sportsman’s Warehouse, Inc., and Minnesota Merchandising Corp. 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 Midvale, UT.
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