Camping World's shares rallying following earnings beat

Paterniano Del Favero
Agosto 13, 2017

The company has an average rating of "Buy" and an average price target of $34.71.

Several analysts recently weighed in on CWH shares. FNY Partners Fund LP bought a new stake in Camping World Holdings during the first quarter worth $193,000. Wells Fargo & Company upgraded shares of Camping World Holdings from a "market perform" rating to an "outperform" rating and set a $32.00 price target for the company in a research note on Tuesday, May 30th. Monness Crespi & Hardt initiated coverage on stocks of Camping World Holdings in a study note on early Monday. They issued a "buy" rating and a $40.00 target price on the stock. Bank of America Corporation reissued a "buy" rating on shares of Camping World Holdings in a research note on Monday, June 12th.

ILLEGAL ACTIVITY NOTICE: This report was first reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. & worldwide copyright & trademark laws. The correct version of this piece of content can be viewed at https://stocknewstimes.com/2017/08/11/camping-world-holdings-inc-cwh-earns-buy-rating-from-credit-suisse-group.html. The shares were sold at an average price of $32.01, for a total transaction of $133,769.79. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

In other Camping World Holdings news, CFO Thomas F. Wolfe sold 16,704 shares of the firm's stock in a transaction that occurred on Wednesday, July 19th. The shares were sold at an average price of $32.16, for a total transaction of $1,378,184.64. Following the sale, the chief financial officer now owns 49,179 shares in the company, valued at $1,574,219.79. The disclosure for this sale can be found here.

A number of hedge funds have recently bought and sold shares of the company. Koch Industries Inc. acquired a new position in Camping World Holdings during the first quarter worth $249,000. The company had a trading volume of 1,794,811 shares. Finally, Affinity Investment Advisors LLC purchased a new stake in shares of Camping World Holdings during the second quarter valued at about $208,000. Nationwide Fund Advisors now owns 7,205 shares of the company's stock worth $232,000 after buying an additional 993 shares during the period. Legal & General Group Plc now owns 3,353 shares of the company's stock valued at $103,000 after buying an additional 211 shares in the last quarter. Quantbot Technologies LP boosted its stake in Camping World Holdings by 180.2% in the first quarter. PNC Financial Services Group Inc. now owns 740,000 shares of the company's stock valued at $23,856,000 after buying an additional 168,678 shares in the last quarter. OxFORD Asset Management LLP raised its position in shares of Camping World Holdings by 83.9% in the second quarter. (The) upgraded shares of Camping World Holdings from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $30.00 to $34.00 in a research note on Friday, June 9th.

The firm has a 50 day moving average price of $31.23 and a 200 day moving average price of $31.12. The firm's market cap is $797.04 million.

Camping World Holdings (NYSE:CWH) executive Brent L. Moody unloaded 26,821 stocks of the company's shares in a trade dated Thurs, Jul 13th.

Camping World Holdings Inc (NYSE:CWH) shares climbed on Friday following the company's late Thursday release of second quarter results which showed both revenue and income increased, year-over-year. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.15, Morningstar.com reports.

Camping World Holdings (NYSE:CWH) previously announced its earnings report on Early Thur, Aug 10th.

The company had total revenue of $1.3 billion in the quarter, up 20.1% versus the comparable quarter. The company's revenue was up 20.1% compared to the same quarter a year ago. On average, analysts predict that Camping World Holdings Inc. will post $1.82 EPS for the current year.

Dividend History for Camping World Holdings Inc. 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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