Camping World Holdings Inc. (NYSE:CWH) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

According to Zacks, “Camping World Holdings, Inc. is a provider of services, protection plans, products and resources for recreational vehicle enthusiasts. The company’s brand consists of Camping World and Good Sam. It offers new and used RVs for sale, vehicle service and maintenance through retail locations and membership clubs. Camping World Holdings, Inc. is based in Lincolnshire, United States. “

Other equities research analysts also recently issued research reports about the stock. Credit Suisse Group set a $40.00 price objective on shares of Camping World Holdings and gave the stock a “buy” rating in a research report on Friday, August 11th. Forward View raised shares of Camping World Holdings from a “hold” rating to a “buy” rating in a research report on Monday, August 14th. Monness Crespi & Hardt started coverage on shares of Camping World Holdings in a research report on Monday, August 7th. They set a “buy” rating and a $40.00 price objective for the company. ValuEngine raised shares of Camping World Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, May 25th. Finally, Bank of America Corporation reissued a “buy” rating on shares of Camping World Holdings in a research report on Monday, June 12th. One investment analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. Camping World Holdings has a consensus rating of “Buy” and an average price target of $36.62.

Shares of Camping World Holdings (NYSE:CWH) traded up 1.69% during midday trading on Friday, hitting $38.61. 694,289 shares of the company’s stock were exchanged. Camping World Holdings has a 52 week low of $20.45 and a 52 week high of $39.45. The company has a 50-day moving average of $34.23 and a 200-day moving average of $31.62. The firm’s market cap is $1.14 billion.

Camping World Holdings (NYSE:CWH) last issued 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. Camping World Holdings had a net margin of 2.51% and a negative return on equity of 319.74%. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the firm earned $0.65 earnings per share. The firm’s revenue was up 20.1% compared to the same quarter last year. Equities research analysts expect that Camping World Holdings will post $2.08 EPS for the current fiscal year.

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In related news, CFO Thomas F. Wolfe sold 16,704 shares of the firm’s stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $32.83, for a total value of $548,392.32. Following the completion of the transaction, the chief financial officer now owns 68,787 shares of the company’s stock, valued at $2,258,277.21. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Roger L. Nuttall sold 20,222 shares of the firm’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $31.15, for a total transaction of $629,915.30. Following the completion of the transaction, the insider now directly owns 47,902 shares of the company’s stock, valued at approximately $1,492,147.30. The disclosure for this sale can be found here. In the last ninety days, insiders sold 425,550 shares of company stock valued at $13,474,026. 66.60% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. Legal & General Group Plc grew its position 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 valued at $103,000 after purchasing an additional 211 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in Camping World Holdings by 4.1% in the second quarter. The Manufacturers Life Insurance Company now owns 11,680 shares of the company’s stock valued at $360,000 after purchasing an additional 463 shares in the last quarter. Nationwide Fund Advisors grew its position in Camping World Holdings by 16.0% in the first quarter. Nationwide Fund Advisors now owns 7,205 shares of the company’s stock valued at $232,000 after purchasing an additional 993 shares in the last quarter. Rhumbline Advisers grew its position in Camping World Holdings by 17.4% in the second quarter. Rhumbline Advisers now owns 14,443 shares of the company’s stock valued at $446,000 after purchasing an additional 2,145 shares in the last quarter. Finally, New York State Common Retirement Fund grew its position in Camping World Holdings by 20.4% in the second quarter. New York State Common Retirement Fund now owns 13,000 shares of the company’s stock valued at $401,000 after purchasing an additional 2,199 shares in the last quarter. 92.27% of the stock is owned by institutional investors and hedge funds.

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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Analyst Recommendations for Camping World Holdings (NYSE:CWH)

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