B.Riley Financial Keeps Their Buy Rating on Sportsman’s Warehouse (SPWH)

B.Riley Financial analyst Eric Wold reiterated a Buy rating on Sportsman’s Warehouse (SPWHResearch 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).

See the top stocks recommended by analysts >>

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

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on SPWH:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More