Camping World Holdings Inc. (NYSE:CWH) – Investment analysts at Forward View boosted their Q4 2017 earnings per share estimates for Camping World Holdings in a research note issued on Sunday. Forward View analyst N. Yates now anticipates that the company will earn $0.22 per share for the quarter, up from their previous estimate of $0.18. Forward View has a “Buy” rating and a $45.00 price target 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.
Camping World Holdings (NYSE:CWH) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.77 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 during the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the prior year, the business posted $0.53 EPS. The company’s quarterly revenue was up 25.0% on a year-over-year basis.
A number of other research firms also recently commented on CWH. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $48.00 target price (up from $37.00) on shares of Camping World Holdings in a report on Tuesday, November 7th. They noted that the move was a valuation call. Credit Suisse Group reaffirmed an “outperform” rating and issued a $45.00 target price (up from $43.00) on shares of Camping World Holdings in a report on Tuesday, October 31st. Bank of America Corporation upped their target price on shares of Camping World Holdings from $42.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday, October 31st. Monness Crespi & Hardt reaffirmed a “buy” rating and issued a $47.00 target price (up from $40.00) on shares of Camping World Holdings in a report on Tuesday, October 24th. Finally, Zacks Investment Research cut shares of Camping World Holdings from a “buy” rating to a “hold” rating in a report on Monday, October 16th. Thirteen research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $44.04.
Camping World Holdings (CWH) opened at $41.42 on Tuesday. Camping World Holdings has a one year low of $23.07 and a one year high of $45.84. 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 company has a market cap of $3,584.34 and a PE ratio of 19.26.
A number of institutional investors have recently added to or reduced their stakes in CWH. Bamco Inc. NY raised its holdings in Camping World Holdings by 93.7% in the 2nd quarter. Bamco Inc. NY now owns 2,130,600 shares of the company’s stock valued at $65,729,000 after acquiring an additional 1,030,600 shares during the period. Citadel Advisors LLC raised its holdings in Camping World Holdings by 347.5% in the 2nd quarter. Citadel Advisors LLC now owns 965,923 shares of the company’s stock valued at $29,799,000 after acquiring an additional 750,059 shares during the period. Eagle Asset Management Inc. raised its holdings in Camping World Holdings by 190.6% in the 2nd quarter. Eagle Asset Management Inc. now owns 1,098,018 shares of the company’s stock valued at $33,873,000 after acquiring an additional 720,235 shares during the period. Marshall Wace North America L.P. bought a new position in Camping World Holdings in the 2nd quarter valued at about $17,892,000. Finally, Voya Investment Management LLC raised its holdings in Camping World Holdings by 73.9% in the 2nd quarter. Voya Investment Management LLC now owns 1,104,837 shares of the company’s stock valued at $34,084,000 after acquiring an additional 469,558 shares during the period. 31.38% of the stock is currently owned by hedge funds and other institutional investors.
In other Camping World Holdings news, CEO Marcus Lemonis sold 700,000 shares of the stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $40.50, for a total value of $28,350,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Crestview Partners Ii Gp, L.P. sold 863,104 shares of the stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $40.50, for a total transaction of $34,955,712.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,239,274 shares of company stock worth $332,471,945. Insiders own 66.60% of the company’s stock.
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.
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