Camping World Holdings Inc. (NYSE:CWH) – Analysts at Forward View boosted their Q4 2017 earnings per share estimates for shares of Camping World Holdings in a research report issued to clients and investors on Sunday. Forward View analyst N. Yates now expects that the company will earn $0.22 per share for the quarter, up from their prior estimate of $0.18. Forward View currently has a “Buy” rating and a $45.00 price objective on the stock. Forward View also issued estimates for Camping World Holdings’ Q2 2018 earnings at $0.90 EPS and FY2018 earnings at $2.23 EPS.
Camping World Holdings (NYSE:CWH) last released its earnings results on Thursday, November 9th. The company reported $0.77 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.11. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.20 billion. Camping World Holdings had a return on equity of 116.85% and a net margin of 1.20%. Camping World Holdings’s quarterly revenue was up 25.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.
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Other equities analysts have also recently issued reports about the company. Monness Crespi & Hardt began coverage on Camping World Holdings in a research note on Monday, August 7th. They issued a “buy” rating and a $40.00 price target on the stock. Robert W. Baird reaffirmed a “buy” rating on shares of Camping World Holdings in a research note on Thursday, September 21st. ValuEngine cut Camping World Holdings from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $53.00 price target (up from $40.00) on shares of Camping World Holdings in a research note on Monday, October 30th. Finally, Credit Suisse Group reaffirmed a “buy” rating on shares of Camping World Holdings in a research note on Sunday, October 1st. Thirteen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Camping World Holdings presently has an average rating of “Buy” and a consensus price target of $44.11.
Shares of Camping World Holdings (NYSE:CWH) traded up $0.46 during trading on Tuesday, reaching $42.00. The company’s stock had a trading volume of 1,057,600 shares, compared to its average volume of 468,910. The company has a quick ratio of 0.29, a current ratio of 1.29 and a debt-to-equity ratio of 2.74. The stock has a market cap of $3,628.89 and a PE ratio of 19.50. Camping World Holdings has a 1-year low of $23.44 and a 1-year high of $45.84.
Institutional investors and hedge funds have recently bought and sold shares of the company. Legal & General Group Plc increased its stake in shares of Camping World Holdings by 6.7% during the second quarter. Legal & General Group Plc now owns 3,353 shares of the company’s stock valued at $103,000 after buying an additional 211 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of Camping World Holdings during the second quarter valued at approximately $111,000. Sawgrass Asset Management LLC purchased a new position in shares of Camping World Holdings during the third quarter valued at approximately $203,000. Affinity Investment Advisors LLC purchased a new position in shares of Camping World Holdings during the second quarter valued at approximately $208,000. Finally, American International Group Inc. purchased a new position in shares of Camping World Holdings during the first quarter valued at approximately $233,000. 31.38% of the stock is currently owned by hedge funds and other institutional investors.
In other news, insider Brent L. Moody sold 50,300 shares of the business’s stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $38.05, for a total transaction of $1,913,915.00. Following the transaction, the insider now directly owns 81,464 shares of the company’s stock, valued at $3,099,705.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Marcus Lemonis sold 700,000 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $40.50, for a total value of $28,350,000.00. The disclosure for this sale can be found here. Insiders have sold 8,239,274 shares of company stock worth $332,471,945 over the last three months. Insiders own 66.60% of the company’s stock.
About Camping World Holdings
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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