Camping World Holdings Inc. (CWH) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Camping World Holdings Inc. (NYSE:CWH) have been given a consensus recommendation of “Buy” by the fourteen research firms that are covering the company, Marketbeat Ratings reports. Thirteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $44.11.

Several analysts recently weighed in on the stock. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $48.00 target price (up previously 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 reiterated an “outperform” rating and issued a $45.00 price target (up from $43.00) on shares of Camping World Holdings in a research note on Tuesday, October 31st. Bank of America Corporation increased their price target on shares of Camping World Holdings from $42.00 to $48.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. Monness Crespi & Hardt reiterated a “buy” rating and issued a $47.00 price target (up from $40.00) on shares of Camping World Holdings in a research note on Tuesday, October 24th. Finally, Zacks Investment Research lowered shares of Camping World Holdings from a “buy” rating to a “hold” rating in a research note on Monday, October 16th.

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In other Camping World Holdings news, insider Roger L. Nuttall sold 67,146 shares of the firm’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $38.55, for a total value of $2,588,478.30. Following the completion of the sale, the insider now owns 79,259 shares of the company’s stock, valued at $3,055,434.45. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Brent L. Moody sold 50,300 shares of the firm’s stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $38.05, for a total value of $1,913,915.00. Following the completion of the sale, the insider now directly owns 81,464 shares of the company’s stock, valued at approximately $3,099,705.20. 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.

Institutional investors have recently added to or reduced their stakes in the business. Legal & General Group Plc raised its stake in shares of Camping World Holdings by 6.7% during the 2nd 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. acquired a new position in shares of Camping World Holdings during the 2nd quarter worth $111,000. Sawgrass Asset Management LLC acquired a new position in shares of Camping World Holdings during the 3rd quarter worth $203,000. Affinity Investment Advisors LLC acquired a new position in shares of Camping World Holdings during the 2nd quarter worth $208,000. Finally, American International Group Inc. acquired a new position in shares of Camping World Holdings during the 1st quarter worth $233,000. 33.07% of the stock is owned by institutional investors.

Shares of Camping World Holdings (CWH) opened at $43.62 on Tuesday. The stock has a market cap of $3,710.00 and a PE ratio of 19.95. Camping World Holdings has a 1 year low of $23.89 and a 1 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.

Camping World Holdings (NYSE:CWH) last issued its earnings results on Thursday, November 9th. The company reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.11. The firm had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Camping World Holdings had a net margin of 1.20% and a return on equity of 116.85%. The firm’s revenue was up 25.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.53 earnings per share. research analysts expect that Camping World Holdings will post 2.29 EPS for the current fiscal year.

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.

Analyst Recommendations for Camping World Holdings (NYSE:CWH)

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