Camping World Holdings Inc (NYSE:CWH) – Equities research analysts at Northcoast Research issued their FY2018 earnings per share estimates for Camping World in a research report issued on Wednesday, November 7th. Northcoast Research analyst S. Woolf anticipates that the company will post earnings of $2.50 per share for the year. Northcoast Research currently has a “Buy” rating and a $28.00 price target on the stock. Northcoast Research also issued estimates for Camping World’s Q4 2018 earnings at $0.29 EPS, Q2 2019 earnings at $0.77 EPS, Q3 2019 earnings at $0.55 EPS and FY2019 earnings at $2.20 EPS.
Camping World (NYSE:CWH) last issued its quarterly earnings data on Tuesday, November 6th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.13). The company had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Camping World had a positive return on equity of 163.37% and a negative net margin of 0.42%. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the company posted $0.76 EPS.
Shares of CWH opened at $17.03 on Friday. The stock has a market cap of $1.67 billion, a P/E ratio of 7.44, a P/E/G ratio of 0.72 and a beta of 1.91. The company has a debt-to-equity ratio of 9.93, a quick ratio of 0.35 and a current ratio of 1.43. Camping World has a 52-week low of $16.40 and a 52-week high of $47.62.
Several institutional investors have recently made changes to their positions in the company. Third Point LLC bought a new position in shares of Camping World during the 2nd quarter valued at about $70,568,000. Wasatch Advisors Inc. increased its position in shares of Camping World by 22.9% during the 3rd quarter. Wasatch Advisors Inc. now owns 2,438,092 shares of the company’s stock valued at $51,980,000 after purchasing an additional 455,092 shares during the last quarter. Abrams Capital Management L.P. bought a new position in shares of Camping World during the 3rd quarter valued at about $49,635,000. BlackRock Inc. increased its position in shares of Camping World by 1.1% during the 3rd quarter. BlackRock Inc. now owns 2,161,974 shares of the company’s stock valued at $46,095,000 after purchasing an additional 24,524 shares during the last quarter. Finally, Eagle Asset Management Inc. increased its position in shares of Camping World by 37.9% during the 3rd quarter. Eagle Asset Management Inc. now owns 2,025,235 shares of the company’s stock valued at $43,178,000 after purchasing an additional 557,130 shares during the last quarter. Hedge funds and other institutional investors own 54.41% of the company’s stock.
In other Camping World news, President Brent L. Moody purchased 10,000 shares of the stock in a transaction on Friday, November 9th. The shares were purchased at an average price of $17.26 per share, with a total value of $172,600.00. Following the acquisition, the president now directly owns 220,000 shares in the company, valued at approximately $3,797,200. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Marcus Lemonis purchased 25,000 shares of the stock in a transaction on Friday, September 14th. The stock was acquired at an average cost of $19.74 per share, for a total transaction of $493,500.00. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 40,700 shares of company stock worth $766,363. Insiders own 49.20% of the company’s stock.
Camping World Company Profile
Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides 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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