Camping World Holdings Inc. (NYSE:CWH)‘s stock had its “buy” rating reissued by equities research analysts at Credit Suisse Group in a report released on Friday. They presently have a $40.00 target price on the stock. Credit Suisse Group’s price target suggests a potential upside of 27.11% from the stock’s current price.
Several other research firms have also recently issued reports on CWH. Zacks Investment Research raised Camping World Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Monness Crespi & Hardt began coverage on Camping World Holdings in a research report on Monday. They issued a “buy” rating and a $40.00 target price for the company. Robert W. Baird upped their target price on Camping World Holdings from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Friday. J P Morgan Chase & Co raised Camping World Holdings from a “neutral” rating to an “overweight” rating and upped their target price for the company from $37.00 to $38.00 in a research report on Thursday, July 13th. Finally, Bank of America Corporation reissued a “buy” rating on shares of Camping World Holdings in a research report on Monday, June 12th. Two research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $34.71.
Shares of Camping World Holdings (NYSE CWH) traded up 7.98% during midday trading on Friday, reaching $33.98. The company’s stock had a trading volume of 1,147,220 shares. The stock’s 50-day moving average price is $31.23 and its 200-day moving average price is $31.12. The company’s market cap is $655.88 million. Camping World Holdings has a 12-month low of $20.45 and a 12-month high of $36.60.
Camping World Holdings (NYSE:CWH) last released its quarterly earnings data on Thursday, August 10th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.15. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.16 billion. The company’s revenue was up 20.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.65 earnings per share. On average, analysts expect that Camping World Holdings will post $1.82 EPS for the current fiscal year.
In other Camping World Holdings news, CFO Thomas F. Wolfe sold 42,854 shares of the stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $32.16, for a total transaction of $1,378,184.64. Following the completion of the sale, the chief financial officer now directly owns 78,974 shares of the company’s stock, valued at approximately $2,539,803.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Crestview Partners Ii Gp, L.P. sold 5,500,000 shares of the stock in a transaction that occurred on Wednesday, May 31st. The stock was sold at an average price of $27.75, for a total value of $152,625,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,750,550 shares of company stock valued at $188,992,776. Insiders own 66.60% of the company’s stock.
A number of hedge funds have recently bought and sold shares of the company. Legal & General Group Plc boosted its stake in Camping World Holdings by 6.7% in the second quarter. Legal & General Group Plc now owns 3,353 shares of the company’s stock worth $103,000 after buying an additional 211 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in Camping World Holdings during the second quarter worth $111,000. Quantbot Technologies LP boosted its stake in Camping World Holdings by 180.2% in the first quarter. Quantbot Technologies LP now owns 5,686 shares of the company’s stock worth $183,000 after buying an additional 3,657 shares during the last quarter. FNY Partners Fund LP bought a new stake in Camping World Holdings during the first quarter worth $193,000. Finally, Affinity Investment Advisors LLC bought a new stake in Camping World Holdings during the second quarter worth $208,000. 83.18% of the stock is owned by institutional investors.
Camping World Holdings Company Profile
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.
