Camping World (CWH) – What Are Investment Firms Thinking About This Stock?

Shares of Camping World (NYSE:CWH) have been given an average rating of “Moderate Buy” by the twelve research firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $11.02.

Several research analysts have commented on CWH shares. JPMorgan Chase & Co. dropped their price objective on shares of Camping World from $11.00 to $9.00 and set an “overweight” rating for the company in a research note on Tuesday, October 6th. Robert W. Baird set a $7.00 target price on shares of Camping World in a research note on Friday, July 31st. Raymond James Financial reaffirmed an “outperform” rating on shares of Camping World in a research note on Monday, October 5th. Roth Capital reiterated a “buy” rating and issued a $10.00 price target (down from $12.00) on shares of Camping World in a report on Monday, September 28th. Finally, Bank of America reissued a “buy” rating and set a $14.00 target price on shares of Camping World in a research note on Friday, July 31st.

Institutional Trading of Camping World

Several institutional investors and hedge funds have recently modified their holdings of CWH. Eminence Capital LP boosted its holdings in shares of Camping World by 45.8% in the fourth quarter. Eminence Capital LP now owns 5,779,805 shares of the company’s stock valued at $56,238,000 after purchasing an additional 1,815,042 shares during the period. Walleye Capital LLC increased its holdings in Camping World by 995.1% during the 1st quarter. Walleye Capital LLC now owns 447,737 shares of the company’s stock worth $3,058,000 after purchasing an additional 406,852 shares during the period. KBC Group NV bought a new stake in Camping World during the 1st quarter valued at $2,003,000. RBF Capital LLC raised its position in Camping World by 68.1% during the 4th quarter. RBF Capital LLC now owns 440,078 shares of the company’s stock valued at $4,282,000 after purchasing an additional 178,253 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new stake in Camping World during the 2nd quarter valued at $762,000. Institutional investors own 52.54% of the company’s stock.

Camping World Stock Up 5.5%

NYSE:CWH opened at $4.54 on Friday. Camping World has a 1 year low of $3.96 and a 1 year high of $17.15. The business has a 50 day simple moving average of $5.80 and a 200-day simple moving average of $6.56. The company has a quick ratio of 0.30, a current ratio of 1.22 and a debt-to-equity ratio of 3.77.

Camping World (NYSE:CWH) last announced its earnings results on Wednesday, July 29th. The company reported $0.57 EPS for the quarter, hitting analysts’ consensus estimates of $0.57. The firm had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.99 billion. Camping World had a negative return on equity of 3.52% and a negative net margin of 1.55%. The company’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.57 EPS. As a group, research analysts anticipate that Camping World will post -0.06 EPS for the current year.

Camping World Company Profile

Camping World Holdings, Inc is a recreational-vehicle retailer and service provider operating under the Camping World and Good Sam brands. The company sells new and used motorhomes, travel trailers, fifth wheels and other recreational vehicles, along with related parts, accessories and outdoor products.

Its operations also include RV maintenance and repair, collision services, installation and other support services. Camping World offers financing and insurance products through third-party and affiliated arrangements, while the Good Sam business provides memberships, roadside assistance, insurance, travel-related services and access to campgrounds and other RV resources.

Camping World serves customers primarily throughout the United States through a network of retail, service and dealership locations.