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

Shares of Camping World Holdings Inc (NYSE:CWH) have earned a consensus rating of “Buy” from the fifteen brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $46.19.

Several equities research analysts have commented on the stock. ValuEngine upgraded shares of Camping World from a “hold” rating to a “buy” rating in a research note on Friday. Zacks Investment Research lowered shares of Camping World from a “buy” rating to a “hold” rating in a research note on Wednesday. Monness Crespi & Hardt reiterated a “buy” rating and issued a $55.00 price objective (up previously from $47.00) on shares of Camping World in a research note on Monday, January 29th. Northcoast Research assumed coverage on shares of Camping World in a research note on Friday, January 26th. They issued a “buy” rating and a $56.00 price objective for the company. Finally, Robert W. Baird reiterated a “buy” rating and issued a $50.00 price objective on shares of Camping World in a research note on Friday, December 22nd.

Shares of Camping World (CWH) opened at $42.15 on Friday. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.29 and a quick ratio of 0.29. The company has a market cap of $3,909.49, a PE ratio of 21.29, a price-to-earnings-growth ratio of 1.08 and a beta of 1.68. Camping World has a one year low of $26.30 and a one year high of $47.62.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.77 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.11. The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.20 billion. Camping World had a net margin of 1.20% and a return on equity of 116.85%. The company’s revenue for the quarter was up 25.0% on a year-over-year basis. During the same quarter last year, the business posted $0.53 EPS. equities research analysts forecast that Camping World will post 2.29 earnings per share for the current year.

In other news, insider Brent L. Moody sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $45.47, for a total transaction of $4,547,000.00. Following the completion of the sale, the insider now owns 193,494 shares in the company, valued at approximately $8,798,172.18. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Roger L. Nuttall sold 33,555 shares of the firm’s stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $45.78, for a total transaction of $1,536,147.90. Following the sale, the insider now owns 156,055 shares of the company’s stock, valued at approximately $7,144,197.90. The disclosure for this sale can be found here. Company insiders own 66.60% of the company’s stock.

Several hedge funds have recently modified their holdings of CWH. Schwab Charles Investment Management Inc. increased its stake in shares of Camping World by 71.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 74,643 shares of the company’s stock worth $2,303,000 after purchasing an additional 31,023 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Camping World by 34.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 56,411 shares of the company’s stock worth $1,740,000 after buying an additional 14,523 shares during the period. Legal & General Group Plc boosted its holdings in Camping World by 6.7% in 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 period. Swiss National Bank bought a new position in Camping World in the 2nd quarter worth approximately $1,098,000. Finally, JPMorgan Chase & Co. boosted its holdings in Camping World by 195.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 34,781 shares of the company’s stock worth $1,073,000 after buying an additional 23,000 shares during the period. Institutional investors own 33.98% of the company’s stock.

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Camping World 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 (NYSE:CWH)

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