Camping World Holdings Inc (NYSE:CWH) – Stock analysts at KeyCorp cut their FY2018 earnings per share estimates for shares of Camping World in a research report issued to clients and investors on Wednesday, November 7th. KeyCorp analyst B. Andress now expects that the company will post earnings of $2.15 per share for the year, down from their previous estimate of $2.25.
Camping World (NYSE:CWH) last announced its quarterly earnings results 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). Camping World had a negative net margin of 0.42% and a positive return on equity of 163.37%. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the firm posted $0.76 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis.
A number of other analysts also recently weighed in on CWH. ValuEngine downgraded shares of Camping World from a “hold” rating to a “sell” rating in a report on Monday, July 16th. Zacks Investment Research upgraded shares of Camping World from a “strong sell” rating to a “hold” rating in a report on Monday, August 6th. Stephens restated a “buy” rating and issued a $37.00 target price on shares of Camping World in a report on Thursday, August 9th. Northcoast Research set a $28.00 target price on shares of Camping World and gave the stock a “buy” rating in a report on Wednesday, August 8th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Camping World from $42.00 to $36.00 and set an “overweight” rating on the stock in a report on Wednesday, August 15th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $37.92.
Camping World stock opened at $18.31 on Friday. Camping World has a twelve month low of $16.40 and a twelve month high of $47.62. The company has a debt-to-equity ratio of 9.93, a quick ratio of 0.35 and a current ratio of 1.43. The stock has a market capitalization of $1.67 billion, a PE ratio of 8.00, a price-to-earnings-growth ratio of 0.72 and a beta of 1.91.
In other news, CEO Marcus Lemonis purchased 25,000 shares of the company’s stock in a transaction that occurred on Friday, September 14th. The stock was purchased at an average cost of $19.74 per share, with a total value of $493,500.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 49.20% of the stock is currently owned by insiders.
Hedge funds have recently added to or reduced their stakes in the stock. Mount Yale Investment Advisors LLC purchased a new position in shares of Camping World during the 2nd quarter worth about $166,000. Atria Investments LLC purchased a new position in shares of Camping World during the 3rd quarter worth about $210,000. WINTON GROUP Ltd purchased a new position in shares of Camping World during the 1st quarter worth about $228,000. Alpha Cubed Investments LLC purchased a new position in shares of Camping World during the 3rd quarter worth about $230,000. Finally, First Trust Advisors LP purchased a new position in shares of Camping World during the 3rd quarter worth about $239,000. 54.41% of the stock is owned by hedge funds and other institutional investors.
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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