Camping World Holdings Inc. (NYSE:CWH) announced its earnings results on Thursday, November 9th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.66 by $0.11, Bloomberg Earnings reports. Camping World Holdings had a return on equity of 116.85% and a net margin of 1.20%. The business 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 business posted $0.53 EPS. The company’s revenue was up 25.0% on a year-over-year basis.
Shares of Camping World Holdings (NYSE CWH) remained flat at $$42.50 on Monday. 426,600 shares of the company’s stock were exchanged, compared to its average volume of 469,539. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.29 and a current ratio of 1.29. The stock has a market capitalization of $3,710.00 and a P/E ratio of 19.95. Camping World Holdings has a 1 year low of $23.49 and a 1 year high of $45.84.
A number of research analysts recently issued reports on the company. Monness Crespi & Hardt restated a “buy” rating and set a $47.00 price objective (up previously from $40.00) on shares of Camping World Holdings in a research report on Tuesday, October 24th. Zacks Investment Research raised Camping World Holdings from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Wednesday, November 1st. Stephens lifted their target price on Camping World Holdings from $44.00 to $50.00 and gave the company an “overweight” rating in a research note on Monday, October 30th. Robert W. Baird reaffirmed a “buy” rating and set a $40.00 target price on shares of Camping World Holdings in a research note on Friday, October 27th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $53.00 price objective (up previously from $40.00) on shares of Camping World Holdings in a research note on Monday, October 30th. Thirteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $44.11.
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In other news, insider Roger L. Nuttall sold 11,625 shares of Camping World Holdings stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $37.61, for a total value of $437,216.25. Following the completion of the sale, the insider now directly owns 62,386 shares in the company, valued at $2,346,337.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Brent L. Moody sold 21,464 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $38.44, for a total transaction of $825,076.16. Following the transaction, the insider now owns 81,464 shares of the company’s stock, valued at $3,131,476.16. The disclosure for this sale can be found here. Insiders have sold 8,239,274 shares of company stock valued at $332,471,945 over the last 90 days. Company 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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