5 Best Gun Stocks to Invest In

In this article, we will be looking at the 5 best gun stocks to invest in. If you want to see our detailed analysis of the firearms industry, you can go directly to the 10 Best Gun Stocks to Invest In.

5. Sportsman’s Warehouse Holdings, Inc. (NASDAQ: SPWH)

Number of Hedge Fund Holders: 18

Sportsman’s Warehouse Holdings, Inc. (NASDAQ: SPWH) is an outdoor sporting goods retailer in the US. The company offers hunting and shooting products like ammunition, firearms, firearms safety and storage products, reloading equipment, and shooting gear products, among others. It ranks 5th on our list of the best gun stocks to invest in.

Sportsman’s Warehouse Holdings, Inc. (NASDAQ: SPWH) was among the stocks rallying and on watch this May in light of the firearms sector’s increased activity because of the FBI’s released report on NICS background checks for firearm sales. In the fiscal first quarter of 2022, Sportsman’s Warehouse Holdings, Inc. (NASDAQ: SPWH) had an EPS of $0.28, beating estimates by $0.37. The company’s revenue was $326.99 million, up 32.47% year over year and beating estimates by $88.80 million. The stock has a forward PE ratio of 9.01 and it has gained 22.68% in the past year. Sportsman’s Warehouse Holdings, Inc. (NASDAQ: SPWH) has a gross profit margin of 33.01% as well.

By the end of the first quarter of 2021, 18 hedge funds out of the 866 tracked by Insider Monkey held stakes in Sportsman’s Warehouse Holdings, Inc. (NASDAQ: SPWH), worth roughly $212 million. This is compared to 25 hedge fund holders in the previous quarter with stakes worth about $174 million.