Sportsman’s Warehouse Has Tons of Potential, Say Wall Street Analysts
October 28, 2022
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Sportsman’s Warehouse Stock Fair Value – Sportsman’s Warehouse ($NASDAQ:SPWH) is a retail chain specializing in outdoor sports gear and apparel. The company has been growing steadily in recent years, but it could have even more upside potential, say analysts. The company’s stock has gained 3.3% over the past four weeks and closed the last trading session at $8.84, but there could still be more upside potential. One analyst believes the stock could rally 58%.
The company is well-positioned to capitalize on the growing popularity of outdoor activities such as hiking, camping, and fishing. It also has a strong online presence, which is important in today’s retail landscape. Investors who are looking for a retail stock with upside potential may want to keep an eye on Sportsman’s Warehouse.
Stock Price
Sportsman’s Warehouse has been getting a lot of positive media exposure lately, and Wall Street analysts are saying that the company has a lot of potential. However, on Thursday, SPORTSMAN’S WAREHOUSE stock opened at $8.7 and closed at $8.6, down by 0.5% from the previous day’s closing price of 8.6.
VI Analysis – Sportsman’s Warehouse Stock Fair Value
The company’s fundamentals reflect its long term potential, and the intrinsic value of Sportsman’s Warehouse shares is around $13.7, calculated by VI Line. The company’s stock is currently traded at $8.6, which represents a 37% discount to its intrinsic value.
VI Peers
Headquartered in Midvale, Utah, the company operates over 90 stores across the United States. Sportsman’s Warehouse offers a wide range of sporting goods and outdoor products, including hunting, fishing, camping, and hiking gear, as well as apparel and footwear. The company’s competitors include Dick’s Sporting Goods Inc, Big 5 Sporting Goods Corp, and Hibbett Inc.
– Dick’s Sporting Goods Inc ($NYSE:DKS)
Dicks Sporting Goods is an American sporting goods retailer headquartered in Coraopolis, Pennsylvania. The company was founded in 1948 by Richard “Dick” Stack. As of 2019, it operates more than 850 stores in 47 states. The company offers a wide range of products, including apparel, footwear, and equipment for sports and fitness activities.
– Big 5 Sporting Goods Corp ($NASDAQ:BGFV)
Big 5 Sporting Goods Corp is a retailer of sporting goods and apparel in the United States. The company has a market cap of 280.08M as of 2022 and a Return on Equity of 19.14%. The company operates stores under the Big 5 Sporting Goods, Big 5 Sporting Goods Outlet, and Big 5 Trading Post banners. The company offers a wide variety of products, including athletic shoes, apparel, and accessories, as well as a variety of outdoor and recreational equipment.
– Hibbett Inc ($NASDAQ:HIBB)
Hibbett, Inc. is a publicly traded company with a market capitalization of 780.18 million as of 2022. The company operates in the retail sector and focuses on selling sporting goods and apparel. Hibbett has a return on equity of 27.86%.
Summary
There are a few key reasons why analysts believe that Sportsman’s Warehouse has a lot of potential as an investment. For one, the company is growing rapidly, with plans to open new stores across the United States. Additionally, Sportsman’s Warehouse has a strong focus on customer service, which has helped it build a loyal customer base. Finally, the company’s prices are very competitive, which should help it continue to attract new customers.
