Camping World (CWH) – What Are Researchers Saying About This Stock?

Shares of Camping World (NYSE:CWH) have received an average rating of “Moderate Buy” from the eleven ratings firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $10.20.

A number of research analysts recently weighed in on the stock. Citigroup lowered shares of Camping World from a “buy” rating to a “neutral” rating and dropped their price target for the company from $7.00 to $5.00 in a research report on Wednesday. KeyCorp reduced their price objective on shares of Camping World from $8.00 to $7.00 and set an “overweight” rating for the company in a research report on Wednesday. Robert W. Baird set a $7.00 price objective on shares of Camping World in a research note on Friday, July 31st. Roth Capital reissued a “buy” rating and set a $10.00 target price (down from $12.00) on shares of Camping World in a research report on Monday, September 28th. Finally, Zacks Research downgraded Camping World from a “hold” rating to a “strong sell” rating in a research note on Friday, October 16th.

Camping World Trading Down 9.5%

NYSE CWH opened at $4.61 on Tuesday. The company has a current ratio of 1.22, a quick ratio of 0.30 and a debt-to-equity ratio of 3.77. The business has a fifty day simple moving average of $5.23 and a 200 day simple moving average of $7.23. Camping World has a 12 month low of $3.96 and a 12 month high of $15.18. The firm has a market capitalization of $476.50 million, a P/E ratio of -1.15 and a beta of 2.21.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Monday, November 2nd. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.33). Camping World had a negative return on equity of 17.74% and a negative net margin of 4.20%. The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the prior year, the firm earned $0.43 earnings per share. Camping World’s revenue was down 12.5% compared to the same quarter last year. On average, analysts predict that Camping World will post -0.55 EPS for the current fiscal year.

Institutional Trading of Camping World

Hedge funds have recently bought and sold shares of the business. Walleye Capital LLC raised its stake in shares of 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. WINTON GROUP Ltd bought a new position in Camping World during the second quarter valued at about $762,000. KBC Group NV bought a new position in Camping World during the first quarter valued at about $2,003,000. Essential Partners LLC bought a new position in Camping World during the first quarter valued at about $69,000. Finally, Royal Bank of Canada increased its holdings in Camping World by 99.8% during the first quarter. Royal Bank of Canada now owns 29,387 shares of the company’s stock worth $201,000 after buying an additional 14,679 shares during the last quarter. 52.54% of the stock is currently owned by institutional investors.

About Camping World

Camping World Holdings, Inc is a recreational vehicle retailer and service provider operating under the Camping World brand. The company sells new and used motorized and towable recreational vehicles, including motorhomes, travel trailers and fifth-wheel trailers, serving consumers across the United States.

In addition to vehicle sales, Camping World provides related products and services through its dealership network. These offerings include RV parts and accessories, maintenance and repair services, vehicle financing and insurance products, and other ownership-related services.