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.
TRADEMARK VIOLATION WARNING: “Forward View Equities Analysts Raise Earnings Estimates for Camping World Holdings Inc. (CWH)” was published by Transcript Daily and is the property of of Transcript Daily. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://transcriptdaily.com/2017/11/15/forward-view-equities-analysts-raise-earnings-estimates-for-camping-world-holdings-inc-cwh.html.
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.
Receive News & Ratings for Camping World Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.