Brokerages expect Camping World Holdings Inc (NYSE:CWH) to post $796.93 million in sales for the current quarter, according to Zacks. Five analysts have provided estimates for Camping World’s earnings. The highest sales estimate is $817.75 million and the lowest is $765.30 million. Camping World posted sales of $670.03 million in the same quarter last year, which suggests a positive year over year growth rate of 18.9%. The firm is scheduled to report its next earnings results after the market closes on Tuesday, February 27th.
According to Zacks, analysts expect that Camping World will report full year sales of $796.93 million for the current year, with estimates ranging from $4.07 billion to $4.22 billion. For the next year, analysts anticipate that the business will report sales of $4.73 billion per share, with estimates ranging from $4.55 billion to $4.81 billion. Zacks’ sales averages are a mean average based on a survey of analysts that cover Camping World.
CWH has been the subject of a number of research analyst reports. Robert W. Baird restated a “buy” rating and set a $40.00 price objective on shares of Camping World in a report on Friday, October 27th. Wells Fargo & Co restated an “outperform” rating and set a $48.00 price objective (up from $37.00) on shares of Camping World in a report on Tuesday, November 7th. They noted that the move was a valuation call. ValuEngine downgraded Camping World from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Stephens increased their price target on Camping World from $44.00 to $50.00 and gave the company an “overweight” rating in a report on Monday, October 30th. Finally, Forward View reiterated a “buy” rating and issued a $45.00 price target on shares of Camping World in a report on Monday, November 13th. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. Camping World currently has a consensus rating of “Buy” and a consensus target price of $47.38.
Camping World (CWH) traded up $0.42 during mid-day trading on Friday, hitting $40.80. The stock had a trading volume of 467,023 shares, compared to its average volume of 480,792. The firm has a market cap of $3,443.85, a P/E ratio of 20.61, a price-to-earnings-growth ratio of 0.95 and a beta of 1.68. The company has a current ratio of 1.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.74. Camping World has a 1-year low of $26.30 and a 1-year high of $47.62.
In related news, insider Brent L. Moody sold 100,000 shares of the stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $45.47, for a total value of $4,547,000.00. Following the completion of the sale, the insider now directly owns 193,494 shares in the company, valued at approximately $8,798,172.18. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Roger L. Nuttall sold 33,555 shares of the stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $45.78, for a total value of $1,536,147.90. Following the completion of the sale, the insider now owns 156,055 shares of the company’s stock, valued at $7,144,197.90. The disclosure for this sale can be found here. 66.60% of the stock is currently owned by corporate insiders.
A number of large investors have recently bought and sold shares of the business. MetLife Investment Advisors LLC purchased a new position in Camping World in the 4th quarter valued at about $653,000. Glenmede Trust Co. NA purchased a new position in Camping World in the 4th quarter valued at about $41,478,000. Jane Street Group LLC purchased a new position in Camping World in the 4th quarter valued at about $216,000. Millennium Management LLC boosted its position in Camping World by 117.2% in the 4th quarter. Millennium Management LLC now owns 932,305 shares of the company’s stock valued at $41,702,000 after buying an additional 503,079 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its position in Camping World by 49.0% in the 4th quarter. TIAA CREF Investment Management LLC now owns 75,474 shares of the company’s stock valued at $3,376,000 after buying an additional 24,815 shares during the last quarter. 36.43% of the stock is owned by institutional investors.
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About Camping World
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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