Added to YB: 2024-04-05
Pitch date: 2024-04-05
SPWH [bullish]
Sportsman's Warehouse Holdings, Inc.
-60.1%
current return
Author Info
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Company Info
Sportsman's Warehouse Holdings, Inc., together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States.
Market Cap
$73.0M
Pitch Price
$3.81
Price Target
7.58 (+399%)
Dividend
N/A
EV/EBITDA
5.32
P/E
-1.93
EV/Sales
0.53
Sector
Specialty Retail
Category
turnaround
Sportsman's Warehouse Holdings, Inc. Turnaround Success: Debt Reduction, Improved Margins, and Strong Guidance Signal Promising Future
$SPWH: Q4 shows turnaround progress - debt cut to $123M, inventory -25%. NTM EBITDA guide of $55M at <5x. FCF+ to further reduce debt. GMs to normalize to 31%, more SG&A cuts ahead. Skilled new mgmt executing well. $85M 2025 EBITDA at 5x = $9+/share, +100% upside. Conservatively worth +100% near-term with more LT upside as margins recover & capital returned.
Read full article (2 min)