Camping World Holdings Inc (NYSE:CWH) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Friday, April 14th.
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. “
A number of other analysts have also weighed in on CWH. Forward View reiterated a “hold” rating on shares of Camping World Holdings in a research note on Wednesday, March 29th. Vetr raised shares of Camping World Holdings from a “buy” rating to a “strong-buy” rating and set a $35.49 price objective on the stock in a report on Monday, January 16th. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $30.21.
Shares of Camping World Holdings (NYSE:CWH) traded up 0.44% during midday trading on Friday, hitting $29.37. 91,564 shares of the company traded hands. Camping World Holdings has a 52 week low of $20.45 and a 52 week high of $36.60. The stock’s market capitalization is $566.90 million. The company has a 50-day moving average price of $30.23 and a 200-day moving average price of $30.41.
Camping World Holdings (NYSE:CWH) last released its quarterly earnings data on Thursday, May 4th. The company reported $0.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.03. The business had revenue of $883.80 million during the quarter, compared to analyst estimates of $845.69 million. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. Analysts anticipate that Camping World Holdings will post $1.90 earnings per share for the current fiscal year.
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In related news, insider Brent L. Moody sold 1,200 shares of Camping World Holdings stock in a transaction that occurred on Thursday, April 27th. The shares were sold at an average price of $32.01, for a total value of $38,412.00. Following the completion of the transaction, the insider now owns 900 shares in the company, valued at $28,809. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Thomas F. Wolfe sold 1,300 shares of the business’s stock in a transaction that occurred on Thursday, April 27th. The stock was sold at an average price of $29.57, for a total transaction of $38,441.00. Following the sale, the chief financial officer now owns 900 shares of the company’s stock, valued at approximately $26,613. The disclosure for this sale can be found here. In the last three months, insiders sold 9,778 shares of company stock valued at $310,622.
Several large investors have recently modified their holdings of the company. Columbia Wanger Asset Management LLC bought a new stake in shares of Camping World Holdings during the fourth quarter valued at approximately $31,260,000. Royce & Associates LP acquired a new stake in Camping World Holdings during the fourth quarter valued at approximately $23,889,000. Loomis Sayles & Co. L P acquired a new stake in Camping World Holdings during the fourth quarter valued at approximately $14,344,000. Eagle Asset Management Inc. acquired a new stake in Camping World Holdings during the first quarter valued at approximately $12,179,000. Finally, Alyeska Investment Group L.P. acquired a new stake in Camping World Holdings during the fourth quarter valued at approximately $10,739,000. Institutional investors own 9.52% 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.
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