Stocktoria
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. SPWH
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. (SPWH) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the grey zone. It pays a dividend (safety: no dividend). FY2026 revenue was $1.2B at a -4.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.25 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Retail Trade · percentile among 238 companies
Percentile vs other Retail Trade companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.116 |
| Retained earnings / assets | 0.13 |
| EBIT / assets | -0.049 |
| Equity / liabilities | 0.328 |
Sector peers · similar-size Retail Trade companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| SPWH | SPORTSMAN'S WAREHOUSE HOLDINGS, INC. | 4/9 | 1.2 | — | +1% |
| BNED | Barnes & Noble Education, Inc. | 3/9 | -0.71 | 27.9 | +6.5% |
| PEW | GrabAGun Digital Holdings Inc. | 3/9 | 9.63 | — | +3.6% |
| PSPX | Pacific Sports Exchange Inc. | 4/9 | — | — | — |
| ASO | Academy Sports & Outdoors, Inc. | 7/9 | 3.72 | 8 | +2% |
| DKS | DICK'S SPORTING GOODS, INC. | 3/9 | 3.12 | 25.2 | +28.1% |
| WMT | Walmart Inc. | 6/9 | 2.01 | 44 | +4.7% |
About SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
Sportsman's Warehouse Holdings, Inc., together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear. The company also provides fishing products comprising bait, electronics, fishing rods, flotation items, fly fishing products, lines, lures, reels, tackles, and small boats; and footwear products consist of hiking and work boots, socks, sport sandals, technical footwear, trial and casual shoes, and waders. In addition, it offers hunting and shooting products, such as ammunition, archery items, ATV accessories, blinds and tree stands, decoys, firearms, firearms safety and storage products, reloading equipment, and shooting gear products; and optics, electronics, accessories, and other products comprising gift items, GPS devices, knives, lighting, optics, and two-way radios. Further, the company's stores provide archery technician services, fishing-reel line winding, scope mounting and bore sighting, and cleaning services, as well as issues hunting and fishing licenses. Additionally, it offers various private label and special make-up offerings under the Rustic Ridge, Killik, Vital Impact, Yukon Gold, Lost Creek, and Sportsman's Warehouse brands. The company operates through both retail stores and an e-commerce platform. Sportsman's Warehouse Holdings, Inc. was founded in 1986 and is headquartered in West Jordan, Utah.
FAQ
Is SPWH financially healthy?
SPORTSMAN'S WAREHOUSE HOLDINGS, INC.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does SPWH pay a dividend, and is it safe?
Yes. SPORTSMAN'S WAREHOUSE HOLDINGS, INC. pays a dividend with a None payout ratio, rated “no dividend” for safety.
How profitable is SPWH?
In FY2026, SPORTSMAN'S WAREHOUSE HOLDINGS, INC. had a net margin of -4.1% and a return on equity of -26.5%.
Is SPWH overvalued or undervalued?
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. trades at about 1.2× trailing earnings — below its 10-year norm (10-year range 4.7×–21.6×, median 11.4×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for SPWH?
The average Wall-Street price target for SPORTSMAN'S WAREHOUSE HOLDINGS, INC. is $2.92, about 147.2% above the recent price, from 3 analysts.
Is SPWH a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on SPORTSMAN'S WAREHOUSE HOLDINGS, INC.: a Piotroski F-score of 4/9, an Altman Z″ in the grey zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-01-31. Facts plus Stocktoria's own computed scores — not investment advice.