Skip to main content

Market Overview

Credit Suisse Reiterates Outperform On Camping World After Gander Mountain Acquisition

Credit Suisse Reiterates Outperform On Camping World After Gander Mountain Acquisition

Credit Suisse is confident that Camping World Holdings Inc (NYSE: CWH) will able to grow its market share in the fragmented RV sector; as a result, the firm is reinstating coverage and reiterating an Outperform on the company.

“CWH offers the benefits of recurring profit streams and less e-commerce risks, providing a level of protection from the disruption themes plaguing much of retail,” said Credit Suisse analyst Seth Sigman.

The recent acquisition of 70 Gander Mountain stores conservatively shows a $0.47 gross contribution to Camping World's EPS, according to Credit Suisse. As much as $9 could be added to Camping World shares by the purchase, assuming a 10 percent lift in sales productivity from the acquired stores, Sigman said.


For 2017, Credit Suisse has raised its EPS estimates from $1.81 to $1.83. For 2018 the EPS was raised from $2.10 to $2.20. 

3 Catalysts To Drive Camping World Higher

    1. EPS upside from Gander Mountain.
    2. Support from demographic drivers.
    3. Attractive valuation relative to growth peers.

Credit Suisse maintains a $36 price target on Camping World. 

Related Links:

What Gander Mountain Bankruptcy Means For Dicks Sporting Goods, Sportsman's Warehouse

4 Reasons This Wall Street Analyst Likes Camping World 

Latest Ratings for CWH

Nov 2020Credit SuisseMaintainsNeutral
Sep 2020JP MorganUpgradesNeutralOverweight
Sep 2020Truist SecuritiesInitiates Coverage OnBuy

View More Analyst Ratings for CWH
View the Latest Analyst Ratings


Related Articles (CWH)

View Comments and Join the Discussion!

Posted-In: Camping WorldAnalyst Color Long Ideas Reiteration Travel Analyst Ratings Trading Ideas General Best of Benzinga

Latest Ratings

FSRMorgan StanleyMaintains40.0
MEDDA DavidsonMaintains302.0
VICRBWS FinancialMaintains120.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at