Sportsman's Warehouse Holdings Inc(NASDAQ:SPWH) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Mar 23, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $221.376M. Analysts estimated a revenue of $228.220M. The revenues were -3% below the estimates. Earnings per share were $0.25. The reported EPS was below estimates by -7.41%. Analysts had estimated an EPS of $0.27.
Sportsman's Warehouse Holdings Inc (SPWH) shares turned negative on Fridays trading session with the shares closing down -0.39 points or -7.75% at a volume of 73,77,953. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $4.75. The peak price level was also seen at $4.75 while the days lowest was $4.14. Finally the shares closed at $4.64. The 52-week high of the shares is $12.8 while the 52-week low is $4.14. According to the latest information available, the market cap of the company is $196 M.
Several Insider Transactions has been reported to the SEC. On Dec 23, 2016, Kevan P Talbot (CFO) purchased 4,000 shares at $9.40 per share price.Also, On Jul 7, 2016, Kent Vernon Graham (director) purchased 5,000 shares at $8.97 per share price.On Mar 23, 2016, John V. Schaefer (President and CEO) sold 67,575 shares at $13.65 per share price, according to the Form-4 filing with the securities and exchange commission.
Sportsman’s Warehouse Holdings Inc. (Sportsman’s Warehouse) is an outdoor sporting goods retailer. The Company has around 56 stores across 18 states of the United States. Its stores are organized into seven departments including camping which offer backpacks camp essentials canoes and kayaks coolers and outdoor cooking equipment; clothing which offer camouflage outerwear sportswear and work wear; fishing which offer bait electronics fishing rods fly fishing and small boats; footwear which offers boots shoes socks sport sandals technical footwear and waders; hunting and shooting which offers ammunition archery items blinds and tree stands decoys and shooting gear; optics electronics and accessories which offer gift items global positioning system devices knives lighting optics and two-way radios and other which offer hunting and fishing licenses background checks and other services.