Shares of Cabela’s Inc. (NYSE:CAB) rose 3.2% during mid-day trading on Thursday . The stock traded as high as $54.84 and last traded at $54.32, with a volume of 1,083,984 shares trading hands. The stock had previously closed at $52.65.

CAB has been the subject of several analyst reports. MKM Partners restated a “buy” rating and issued a $56.00 target price on shares of Cabela’s in a report on Wednesday, June 29th. Vetr lowered Cabela’s from a “buy” rating to a “hold” rating and set a $50.94 price target on the stock. in a research note on Tuesday, April 19th. Zacks Investment Research raised Cabela’s from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a research note on Wednesday, April 20th. TheStreet raised Cabela’s from a “hold” rating to a “buy” rating in a research note on Wednesday, March 30th. Finally, Sterne Agee CRT reaffirmed a “hold” rating on shares of Cabela’s in a research note on Thursday, April 28th. Fourteen analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $49.37.

The company’s 50-day moving average price is $50.37 and its 200-day moving average price is $47.74. The firm has a market cap of $3.62 billion and a price-to-earnings ratio of 20.04.

Cabela’s (NYSE:CAB) last announced its quarterly earnings data on Thursday, April 28th. The company reported $0.43 EPS for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.05. The business earned $864.70 million during the quarter, compared to analysts’ expectations of $892.18 million. During the same period in the prior year, the firm earned $0.38 EPS. Cabela’s’s revenue for the quarter was up 4.5% on a year-over-year basis. Analysts forecast that Cabela’s Inc. will post $3.19 earnings per share for the current year.

Other large investors have recently bought and sold shares of the company. Quantitative Investment Management LLC increased its stake in Cabela’s by 458.3% in the fourth quarter. Quantitative Investment Management LLC now owns 26,800 shares of the company’s stock worth $1,252,000 after buying an additional 22,000 shares during the period. Sei Investments Co. increased its stake in Cabela’s by 1.2% in the fourth quarter. Sei Investments Co. now owns 31,754 shares of the company’s stock worth $1,484,000 after buying an additional 368 shares during the period. Liberty Mutual Group Asset Management Inc. increased its stake in Cabela’s by 51.3% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 32,181 shares of the company’s stock worth $1,504,000 after buying an additional 10,916 shares during the period. QCI Asset Management Inc. NY increased its stake in Cabela’s by 135,760.0% in the fourth quarter. QCI Asset Management Inc. NY now owns 33,965 shares of the company’s stock worth $1,587,000 after buying an additional 33,940 shares during the period. Finally, Mutual of America Capital Management LLC increased its stake in Cabela’s by 2.7% in the fourth quarter. Mutual of America Capital Management LLC now owns 34,049 shares of the company’s stock worth $1,591,000 after buying an additional 906 shares during the period.

Cabela’s Incorporated is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor merchandise. The Company offers national and regional brand products, including its Cabela’s brand. The Company’s segments include Retail, Direct, Financial Services, and Corporate Overhead and Other.

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