Forward View Equities Analysts Raise Earnings Estimates for Camping World Holdings Inc. (CWH)

Camping World Holdings Inc. (NYSE:CWH) – Research analysts at Forward View boosted their Q4 2017 EPS estimates for Camping World Holdings in a research note issued to investors on Sunday. Forward View analyst N. Yates now expects that the company will post earnings of $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 target price 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.

A number of other research analysts also recently issued reports on CWH. Bank of America Corporation raised their price target on shares of Camping World Holdings from $48.00 to $49.00 and gave the stock a “buy” rating in a research report on Tuesday. Robert W. Baird raised their price target on shares of Camping World Holdings from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, August 11th. BMO Capital Markets raised their price target on shares of Camping World Holdings from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, August 14th. ValuEngine downgraded shares of Camping World Holdings from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, Zacks Investment Research upgraded shares of Camping World Holdings from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a research report on Tuesday, August 15th. Thirteen analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $44.11.

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Camping World Holdings (NYSE CWH) opened at $41.54 on Tuesday. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.29 and a quick ratio of 0.29. Camping World Holdings has a 52-week low of $23.07 and a 52-week high of $45.84. The stock has a market cap of $3,618.41 and a PE ratio of 19.45.

Camping World Holdings (NYSE:CWH) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.11. Camping World Holdings had a net margin of 1.20% and a return on equity of 116.85%. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the firm posted $0.53 EPS. The company’s revenue for the quarter was up 25.0% on a year-over-year basis.

In related news, insider Roger L. Nuttall sold 11,625 shares of Camping World Holdings stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of $37.61, for a total value of $437,216.25. Following the sale, the insider now directly owns 62,386 shares in the company, valued at approximately $2,346,337.46. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Marcus Lemonis sold 700,000 shares of the firm’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $40.50, for a total transaction of $28,350,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,239,274 shares of company stock worth $332,471,945. 66.60% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in CWH. Bank of New York Mellon Corp increased its stake in Camping World Holdings by 13.7% during the 1st quarter. Bank of New York Mellon Corp now owns 41,888 shares of the company’s stock valued at $1,351,000 after buying an additional 5,049 shares during the period. American International Group Inc. acquired a new position in Camping World Holdings during the 1st quarter valued at about $233,000. Alliancebernstein L.P. acquired a new position in Camping World Holdings during the 1st quarter valued at about $251,000. Teachers Advisors LLC increased its stake in Camping World Holdings by 257.5% during the 1st quarter. Teachers Advisors LLC now owns 96,789 shares of the company’s stock valued at $3,120,000 after buying an additional 69,712 shares during the period. Finally, TIAA CREF Investment Management LLC increased its stake in Camping World Holdings by 247.4% during the 1st quarter. TIAA CREF Investment Management LLC now owns 134,102 shares of the company’s stock valued at $4,323,000 after buying an additional 95,501 shares during the period. 31.38% of the stock is currently owned by hedge funds and other institutional investors.

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.

Earnings History and Estimates for Camping World Holdings (NYSE:CWH)

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