Q3 EPS Forecast for Sportsman’s Warehouse Lowered by Analyst

Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) – Equities researchers at Roth Capital reduced their Q3 2026 earnings per share (EPS) estimates for Sportsman’s Warehouse in a note issued to investors on Tuesday, April 1st. Roth Capital analyst M. Koranda now forecasts that the company will post earnings of $0.07 per share for the quarter, down from their previous estimate of $0.12. The consensus estimate for Sportsman’s Warehouse’s current full-year earnings is ($0.65) per share. Roth Capital also issued estimates for Sportsman’s Warehouse’s Q4 2026 earnings at $0.09 EPS.

SPWH has been the subject of several other research reports. Craig Hallum upgraded Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $3.00 price target for the company in a report on Wednesday. B. Riley reissued a “buy” rating and issued a $3.00 target price (down from $4.00) on shares of Sportsman’s Warehouse in a report on Wednesday. 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 research note on Wednesday. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $2.80.

Sportsman’s Warehouse Price Performance

SPWH stock opened at $1.33 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.06 and a current ratio of 1.20. The company’s fifty day moving average price is $1.49 and its 200-day moving average price is $2.15. Sportsman’s Warehouse has a one year low of $0.92 and a one year high of $4.44. The company has a market capitalization of $50.48 million, a PE ratio of -1.51 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, beating analysts’ consensus estimates of ($0.08) by $0.12. The company had revenue of $340.40 million for the quarter, compared to analysts’ expectations of $328.67 million. Sportsman’s Warehouse had a negative net margin of 2.69% and a negative return on equity of 11.72%.

Hedge Funds Weigh In On Sportsman’s Warehouse

A number of hedge funds have recently added to or reduced their stakes in the stock. FMR LLC raised its stake in shares of Sportsman’s Warehouse by 3.3% during the third quarter. FMR LLC now owns 5,441,705 shares of the company’s stock valued at $14,747,000 after acquiring an additional 174,858 shares in the last quarter. Portolan Capital Management LLC purchased a new stake in shares of Sportsman’s Warehouse in the 3rd quarter worth $2,565,000. Jane Street Group LLC grew its position in shares of Sportsman’s Warehouse by 16.6% during the 3rd quarter. Jane Street Group LLC now owns 225,473 shares of the company’s stock worth $611,000 after buying an additional 32,073 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Sportsman’s Warehouse during the third quarter valued at $107,000. Finally, Barclays PLC raised 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 valued at $103,000 after acquiring an additional 38,038 shares in the last quarter. 83.04% of the stock is currently owned by institutional investors.

Sportsman’s Warehouse Company 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.