Do Camping World Holdings Inc. (NYSE: CWH) Fit In A Value Investing Philosophy?


    Wasatch Advisors, Inc. recently announced the acquisition of new stake in Camping World Holdings Inc. (NYSE:CWH). The institutional investor has increased its shareholding in the Consumer Cyclical company by 5.51% to 4.12 million shares with purchase of 0.22 million shares. This fresh investment now brings its stake to 10.98% valued currently at $150.93 million. In addition, BlackRock Fund Advisors raised its holdings by 48078.0 to 2.04 million shares. And D. E. Shaw & Co. LP has lifted its position by 13.94% or 0.23 million shares – to 1.88 million shares.

    With over 3.29 million Camping World Holdings Inc. (CWH) shares trading Monday and a closing price of $32.50 on the day, the dollar volume was approximately $107.03 million. The shares have shown a negative weekly performance of -8.32% and its price on 08/24/20 lost nearly -2.87%. Currently, there are 37.64M common shares owned by the public and among those 32.33M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 11 analysts who have offered their price forecasts for CWH have a consensus price objective of $37.56. The analysts have set the share’s price value over the next 12 months at a high of $50.00 and a low of $27.00 should the stock experience a downside. Incidentally, analysts’ outlook for the Camping World Holdings Inc. stock is 2.70 for the next 12 months. The average price target is 15.58% above its last price level and an upside to the estimated low will see the stock lose -20.37% over that period. But an upside of 35.0% will see the stock hit the forecast high price target while mean target price for the stock is $36.00.

    Insiders at the company have transacted a total of 52 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 44 of these insider trades were purchases, accounting for 1,737,783 shares. Insider sales of the common stock occurred on 8 occasions, with total insider shares sold totaling 1,034,956 shares.

    The top 3 mutual fund holders in Camping World Holdings Inc. are Wasatch Core Growth Fund, Vanguard Total Stock Market Index, and iShares Russell 2000 ETF. Wasatch Core Growth Fund owns 1.38 million shares of the company’s stock, all valued at over $50.36 million. Vanguard Total Stock Market Index sold 1724.0 shares to see its total holdings shrink to 0.91 million shares valued at over $33.28 million and representing 2.42% of the shares outstanding. iShares Russell 2000 ETF sold 31654.0 shares to bring its total holdings to over 0.68 million shares at a value of $24.75 million. iShares Russell 2000 ETF now owns shares totaling to 1.80% of the shares outstanding.

    Shares of Camping World Holdings Inc. (NYSE: CWH) opened at $34.10, up $0.64 from a prior closing price of $33.46. However, the script later closed the day at $32.50, down -2.87%. The company’s stock has a 5-day price change of -8.32% and 45.92% over the past three months. CWH shares are trading 123.96% year to date (YTD), with the 12-month market performance up to 323.39% higher. It has a 12-month low price of $3.39 and touched a high of $42.49 over the same period. Currently, 3.29 million shares have been traded, compared to an average intraday trading volume of 2.46 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.97%, 2.64%, and 85.49% respectively.

    Institutional ownership of Camping World Holdings Inc. (NYSE: CWH) shares accounts for 94.10% of the company’s 37.64M shares outstanding. Mutual fund holders own 30.36%, while other institutional holders and individual stakeholders account for 51.54% and 28.04% respectively.

    It has a market capitalization of $2.85B and a beta (3y monthly) value of 4.09. The earnings-per-share (ttm) stands at -$0.27. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.64% over the week and 7.77% over the month.

    Analysts forecast that Camping World Holdings Inc. (CWH) will achieve an EPS of $0.82 for the current quarter, $0.08 for the next quarter and $2.46 for 2021. The lowest estimate earnings-per-share for the quarter is $0.26 while analysts give the company a high EPS estimate of $1.09. Comparatively, EPS for the current quarter was $0.14 a year ago. Earnings per share for the fiscal year are expected to decrease by -685.80%, and -3.68% over the next financial year. EPS should grow at an annualized rate of 36.00% over the next five years, compared to -25.00% over the past 5-year period.

    If you are looking to buy this stock, then you may note that the average analyst recommendation by 11 brokerage firm advisors rate Camping World Holdings Inc. (CWH) as a “Moderate Buy” at a consensus score of 2.70. Specifically, 2 Wall Street analysts polled rate the stock as a buy, while 8 of the 11 advise that investors “hold,” and 0 rated it as a “Sell.”

    Looking at the support for the CWH, a number of firms have released research notes about the stock. Monness Crespi & Hardt stated their Buy rating for the stock in a research note on August 06, 2020, with the firm’s price target at $33-$49. Monness Crespi & Hardt coverage for the Camping World Holdings Inc. (CWH) stock in a research note released on July 14, 2020 offered a Buy rating with a price target of $33. Monness Crespi & Hardt was of a view on June 26, 2020 that the stock is Buy, while Monness Crespi & Hardt gave the stock Buy rating on June 01, 2020, issuing a price target of $18- $24. Northcoast on their part issued Neutral rating on April 08, 2020.


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