Camping World (NYSE:CWH) Stock Rating Lowered by Wall Street Zen

Camping World (NYSE:CWH) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

A number of other brokerages have also weighed in on CWH. Citigroup lowered Camping World from a “buy” rating to a “neutral” rating and decreased their target price for the company from $7.00 to $5.00 in a research report on Wednesday, November 4th. Northcoast Research set a $11.00 price target on Camping World in a research report on Monday, October 19th. Raymond James Financial reissued an “outperform” rating on shares of Camping World in a research report on Monday, October 5th. Weiss Ratings restated a “sell (d)” rating on shares of Camping World in a research note on Friday, October 30th. Finally, Roth Capital restated a “buy” rating and set a $10.00 price target (down from $12.00) on shares of Camping World in a research note on Monday, September 28th. Eight research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $10.20.

Camping World Price Performance

Shares of CWH stock opened at $4.61 on Friday. The company has a market capitalization of $476.48 million, a P/E ratio of -1.15 and a beta of 2.21. The company’s 50-day simple moving average is $5.23 and its two-hundred day simple moving average is $7.23. Camping World has a one year low of $3.96 and a one year high of $15.18. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.22 and a quick ratio of 0.30.

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

Institutional Trading of Camping World

Hedge funds have recently added to or reduced their stakes in the company. Brickley Wealth Management purchased a new position in Camping World in the third quarter valued at $68,000. Vise Technologies Inc. purchased a new stake in shares of Camping World during the 3rd quarter worth about $81,000. Axxcess Wealth Management LLC purchased a new stake in shares of Camping World during the 3rd quarter worth about $63,000. WINTON GROUP Ltd acquired a new stake in shares of Camping World during the 2nd quarter valued at about $762,000. Finally, Allworth Financial LP grew its position in shares of Camping World by 777.1% during the 2nd quarter. Allworth Financial LP now owns 3,219 shares of the company’s stock valued at $25,000 after acquiring an additional 2,852 shares during the period. 52.54% of the stock is owned by hedge funds and other institutional investors.

Camping World Company Profile

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.