Brokerages Set Camping World Holdings Inc. (CWH) Target Price at $38.05

Shares of Camping World Holdings Inc. (NYSE:CWH) have received an average recommendation of “Buy” from the fourteen brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $37.94.

CWH has been the subject of several recent research reports. ValuEngine upgraded shares of Camping World Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, May 25th. Goldman Sachs Group, Inc. (The) raised shares of Camping World Holdings from a “neutral” rating to a “buy” rating and upped their target price for the stock from $30.00 to $34.00 in a research note on Friday, June 9th. Zacks Investment Research lowered shares of Camping World Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $36.00 target price on shares of Camping World Holdings in a research note on Friday, June 2nd. Finally, BMO Capital Markets started coverage on shares of Camping World Holdings in a research note on Wednesday, June 21st. They issued an “outperform” rating and a $36.00 target price for the company.

ILLEGAL ACTIVITY WARNING: “Brokerages Set Camping World Holdings Inc. (CWH) Target Price at $38.05” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another website, it was illegally copied and republished in violation of US & international copyright & trademark law. The legal version of this news story can be read at https://ledgergazette.com/2017/09/16/brokerages-set-camping-world-holdings-inc-cwh-target-price-at-38-05.html.

Camping World Holdings (NYSE:CWH) traded up 1.69% during mid-day trading on Wednesday, reaching $38.61. The company had a trading volume of 694,289 shares. The company’s 50 day moving average is $34.41 and its 200 day moving average is $31.67. The stock’s market capitalization is $1.14 billion. Camping World Holdings has a 52-week low of $20.45 and a 52-week high of $39.45.

Camping World Holdings (NYSE:CWH) last posted its quarterly earnings data on Thursday, August 10th. The company reported $0.84 earnings per share for the quarter, topping the 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 firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the previous year, the company posted $0.65 EPS. Camping World Holdings’s revenue was up 20.1% on a year-over-year basis. Equities analysts predict that Camping World Holdings will post $2.08 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend is Thursday, September 14th. Camping World Holdings’s dividend payout ratio (DPR) is currently 14.29%.

In other news, CFO Thomas F. Wolfe sold 48,069 shares of Camping World Holdings stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $32.26, for a total transaction of $1,550,705.94. Following the completion of the transaction, the chief financial officer now directly owns 68,787 shares in the company, valued at $2,219,068.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Thomas F. Wolfe sold 42,854 shares of Camping World Holdings stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $32.16, for a total transaction of $1,378,184.64. Following the transaction, the chief financial officer now owns 78,974 shares of the company’s stock, valued at $2,539,803.84. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 425,550 shares of company stock valued at $13,474,026. Insiders own 66.60% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd acquired a new position in shares of Camping World Holdings during the second quarter valued at about $409,000. Sterling Capital Management LLC grew its holdings in shares of Camping World Holdings by 73.4% during the second quarter. Sterling Capital Management LLC now owns 46,893 shares of the company’s stock valued at $1,447,000 after buying an additional 19,844 shares during the last quarter. Scotia Capital Inc. acquired a new position in shares of Camping World Holdings during the second quarter valued at about $273,000. The Manufacturers Life Insurance Company grew its holdings in shares of Camping World Holdings by 4.1% during the second quarter. The Manufacturers Life Insurance Company now owns 11,680 shares of the company’s stock valued at $360,000 after buying an additional 463 shares during the last quarter. Finally, Cubist Systematic Strategies LLC grew its holdings in shares of Camping World Holdings by 500.5% during the second quarter. Cubist Systematic Strategies LLC now owns 10,515 shares of the company’s stock valued at $324,000 after buying an additional 8,764 shares during the last quarter. Hedge funds and other institutional investors own 92.27% of the company’s stock.

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)

Receive News & Ratings for Camping World Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply