Credit: Shutterstock photoCamping World Holdings, Inc.CWH was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company-as the stock is now down 17.3% in the past one-month time frame.
The move came after the company's CEO clarified the RV retailer's current strategic moves and stressed its intent to broaden its reach to a wider range of outdoor activities.
The company has seen four negative estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Camping World Holdings Inc. Price
Camping World Holdings Inc. Price | Camping World Holdings Inc. Quote
Camping World currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the Consumer Discretionary sector is Lindblad Expeditions Holdings, Inc. LIND , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
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Camping World Holdings Inc. (CWH): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
