Camping World (NYSE:CWH) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Tuesday, ValuEngine reports.

A number of other research firms have also recently weighed in on CWH. Bank of America dropped their price objective on shares of Camping World from $10.00 to $7.00 and set an “underperform” rating on the stock in a report on Wednesday, September 4th. Citigroup increased their price objective on shares of Camping World from $11.00 to $14.00 and gave the stock a “buy” rating in a report on Monday, November 25th. JPMorgan Chase & Co. cut shares of Camping World from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $19.00 to $11.00 in a report on Thursday, August 8th. Zacks Investment Research lowered shares of Camping World from a “hold” rating to a “sell” rating in a research report on Monday, November 18th. Finally, Northcoast Research lowered shares of Camping World from a “buy” rating to a “neutral” rating in a research report on Thursday, August 15th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.95.

CWH stock opened at $12.10 on Tuesday. The company has a quick ratio of 0.27, a current ratio of 1.38 and a debt-to-equity ratio of 79.52. Camping World has a fifty-two week low of $7.12 and a fifty-two week high of $19.53. The firm’s 50-day simple moving average is $10.62 and its 200 day simple moving average is $10.31. The stock has a market cap of $1.06 billion, a PE ratio of 10.80 and a beta of 3.23.

Camping World (NYSE:CWH) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.04). Camping World had a negative return on equity of 14,187.62% and a negative net margin of 1.27%. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the business earned $0.49 EPS. The firm’s revenue was up 6.0% on a year-over-year basis. Equities analysts forecast that Camping World will post -0.6 EPS for the current fiscal year.

In related news, major shareholder Abrams Capital Management, L.P bought 17,526 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The stock was purchased at an average price of $7.48 per share, for a total transaction of $131,094.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders purchased a total of 650,408 shares of company stock valued at $5,149,372 in the last quarter. 49.40% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. boosted its position in shares of Camping World by 12.3% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 16,286 shares of the company’s stock valued at $145,000 after purchasing an additional 1,786 shares in the last quarter. CSat Investment Advisory L.P. bought a new position in shares of Camping World during the 2nd quarter valued at about $26,000. Tower Research Capital LLC TRC boosted its position in shares of Camping World by 305.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,905 shares of the company’s stock valued at $26,000 after purchasing an additional 2,188 shares in the last quarter. Parametric Portfolio Associates LLC boosted its position in shares of Camping World by 9.5% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 26,197 shares of the company’s stock valued at $325,000 after purchasing an additional 2,270 shares in the last quarter. Finally, Northern Trust Corp boosted its position in shares of Camping World by 0.6% during the 2nd quarter. Northern Trust Corp now owns 408,299 shares of the company’s stock valued at $5,071,000 after purchasing an additional 2,301 shares in the last quarter. Hedge funds and other institutional investors own 41.10% of the company’s stock.

About Camping World

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

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Analyst Recommendations for Camping World (NYSE:CWH)

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