D.A. Davidson Keeps a Buy Rating on Sportsman’s Warehouse (SPWH)


D.A. Davidson analyst Michael Kawamoto maintained a Buy rating on Sportsman’s Warehouse (NASDAQ: SPWH) today and set a price target of $8. The company’s shares closed yesterday at $5.95.

According to TipRanks.com, Kawamoto is a 2-star analyst with an average return of 1.2% and a 66.7% success rate. Kawamoto covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Columbia Sportswear, and Duluth Holdings Inc.

Currently, the analyst consensus on Sportsman’s Warehouse is a Moderate Buy with an average price target of $7.50, a 26.1% upside from current levels. In a report issued on September 21, MKM Partners also maintained a Buy rating on the stock with a $8 price target.

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Based on Sportsman’s Warehouse’s latest earnings release for the quarter ending July 31, the company reported a quarterly net profit of $6.55 million. In comparison, last year the company had a net profit of $6.55 million.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock.

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.

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