Is Buying Camping World Holdings, Inc. (CWH) Here a Winning Strategy? The Stock Formed Bullish Double Top

March 18, 2018 - By Maria Brooks

The chart of Camping World Holdings, Inc. (CWH) shows a double top with $38.98 target or 8.00 % above today’s $36.09 share price. The 6 months chart pattern indicates low risk for the $3.21B company. It was reported on Mar, 18 by If the $38.98 price target is reached, the company will be worth $256.40 million more. Double tops are rare but powerful chart patterns.

The stock decreased 0.39% or $0.14 during the last trading session, reaching $36.09. About 1.42 million shares traded or 97.68% up from the average. Camping World Holdings, Inc. (NYSE:CWH) has 0.00% since March 18, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Camping World Holdings, Inc. (NYSE:CWH) to report earnings on May, 3. They expect $0.41 EPS, up 7.89 % or $0.03 from last year’s $0.38 per share. CWH’s profit will be $36.41 million for 22.01 P/E if the $0.41 EPS becomes a reality. After $0.25 actual EPS reported by Camping World Holdings, Inc. for the previous quarter, Wall Street now forecasts 64.00 % EPS growth.

Camping World Holdings, Inc. (NYSE:CWH) Ratings Coverage

Among 10 analysts covering Camping World (NYSE:CWH), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Camping World had 14 analyst reports since November 1, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Friday, June 9 by Goldman Sachs. Wells Fargo upgraded Camping World Holdings, Inc. (NYSE:CWH) on Tuesday, May 30 to “Outperform” rating. The firm has “Neutral” rating by JP Morgan given on Tuesday, November 1. ValuEngine upgraded the shares of CWH in report on Friday, May 26 to “Buy” rating. The company was initiated on Tuesday, November 1 by KeyBanc Capital Markets. JP Morgan upgraded the shares of CWH in report on Thursday, July 13 to “Overweight” rating. The rating was initiated by Wells Fargo on Tuesday, November 1 with “Market Perform”. As per Monday, August 7, the company rating was initiated by Monness Crespi. The stock of Camping World Holdings, Inc. (NYSE:CWH) has “Sector Weight” rating given on Thursday, March 2 by KeyBanc Capital Markets. The firm earned “Outperform” rating on Tuesday, November 1 by Credit Suisse.

More notable recent Camping World Holdings, Inc. (NYSE:CWH) news were published by: which released: “Camping World Declares Regular and Special Dividend” on March 02, 2018, also with their article: “Camping World Holdings, Inc. Reports Fourth Quarter Results” published on February 27, 2018, published: “Why Camping World Holdings, Inc. Stock Dropped Today” on March 16, 2018. More interesting news about Camping World Holdings, Inc. (NYSE:CWH) were released by: and their article: “Ex-Dividend Reminder: PulteGroup, Camping World Holdings and Pool” published on March 13, 2018 as well as‘s news article titled: “Sales Soar at Camping World Holdings” with publication date: February 28, 2018.

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