Odonate Therapeutics Inc. (ODT) And Camping World Holdings Inc. (CWH) Saying Scary Stuff?

Odonate Therapeutics Inc. (NASDAQ: ODT) shares are -44.90% down in the year-to-date (YTD) period and have moved 20.53% or $3.04 higher in the latest trading session. However, stock’s trailing 12-month performance remains nearly +20.97% lower. Comparatively, the stock is -61.55% down YTD and -47.41% over the trailing 3-month period. If we look at the shorter duration, its week performance is -46.69% and -50.65% over the month.

Analyst Recommendations

4 analysts offering the recommendations for the stock have a consensus rating of 2.20 to suggest that the ODT stock is a “Moderate Buy. 1 of the 4 analysts rate the stock as a “Sell”, while 0 has rated it as “Underweight”. 3 recommend buying, with 0 rating it as an Overweight.

The stock currently trades at $17.88. The forecasts give the Odonate Therapeutics Inc. stock a price target range of $56.00 on the higher side while at least one analyst think the stock could plunge to a low of $24.00. The two limits represent an upside potential of 68.07% or 25.5%.

Earnings Forecast

Analysts estimate the earnings to decrease -11.20% in the current quarter to -$0.97, down from the -$0.88 reported in the same quarter a year ago. Analysts also offered guidance for the next financial quarter, with their average projected EPS at between -$1.3 and -$0.75. Wall Street estimates earnings per share to be at an average of -$3.92 for the next year.

Insider Transactions Summary

According to SEC data, total insider shares purchases at the company stands at 71 over the last 12 months, while SEC filings reveal that there have been 0 insider sales over the same period. Insiders have purchases 153,710 shares while those sold by company executives and officers stand at 0. The last 3 months have seen insiders trade a total of 402 and 0 in purchases and sales respectively.

Camping World Holdings Inc. (NYSE:CWH), on the other hand, is trading around $31.62 with a market cap of $2.73B and analyst research firms have a positive stance on its shares. Analysts predict that the stock will reach $38.00 and spell out a more modest performance – a 16.79% return. Some analysts are even forecasting $2.56 per share in earnings this year on a short term (1 year) basis.

Let us briefly look at the Camping World Holdings Inc. (CWH) financials, with a focus on its operating details as indicated in its earnings report for the last quarter.

Company balance sheet and cash flow

CWH’s operating margin was positive on the trailing 12 months basis, remaining steady at 2.40%, while the operating expenses over the recent quarter were at $285.4 million. This represented a 82.24% of the company’s total revenues which amounted $1.61 billion. With this in place, we can see that the company’s diluted EPS inclined $1.54 on the year-over-year period, growing to $0.46 as given in the last earnings report.

In terms of the balance sheet & cash flow as of (Sep 2020), the total assets figure advanced to $3.26 billion from $3.4 billion over the previous quarter. The cash flow from operating activities totaled $515.91 million, significantly higher than the $100.18 million reported in the year-ago quarter. The company’s free cash flow for the quarter was $502.25 million.

Insider activity

Insiders have transacted a total of 46 times at Camping World Holdings Inc. over the last 6 months, with insider purchases undertaken 39 times and accounting for 719,982 shares. Insider sales totaled 1,023,881 shares over the same period, with these deals completed in 7 transactions. Looking at these numbers, we realize that net purchases over that period are 32.0 shares. Insiders now hold a total of 1.08M shares after the latest sales, with -59.30% net shares purchased.

Major holders

Insiders own 4.20% of the company shares, while shares held by institutions stand at 93.80% with a share float percentage of 33.58M. Investors are also buoyed by the number of investors in a company, with Camping World Holdings Inc. having a total of 171 institutions that hold shares in the company. The top two institutional holders are Abrams Capital Management, L.P. with over 6.11 million shares worth more than $165.92 million. As of Jun 29, 2020, Abrams Capital Management, L.P. held 16.12% of shares outstanding.

The other major institutional holder is Crestview Partners II GP, L.P., with the investment firm holding over 4.28 million shares as of Jun 29, 2020. The firm’s total holdings are worth over $116.19 million and represent 11.29% of shares outstanding.