RBF Capital LLC Sells 220,078 Shares of Camping World $CWH

RBF Capital LLC lowered its position in shares of Camping World (NYSE:CWH) by 50.0% in the 1st quarter, Holdings Channel.com reports. The fund owned 220,000 shares of the company’s stock after selling 220,078 shares during the quarter. RBF Capital LLC’s holdings in Camping World were worth $1,503,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new position in Camping World in the 1st quarter valued at approximately $1,787,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Camping World by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,339 shares of the company’s stock valued at $539,000 after purchasing an additional 1,401 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Camping World by 66.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 889,377 shares of the company’s stock worth $14,372,000 after purchasing an additional 354,333 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Camping World by 17.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 119,259 shares of the company’s stock worth $1,927,000 after purchasing an additional 17,665 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Camping World by 371.3% in the second quarter. JPMorgan Chase & Co. now owns 278,701 shares of the company’s stock worth $4,791,000 after purchasing an additional 219,568 shares during the last quarter. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on CWH shares. Citigroup lowered their price target on Camping World from $12.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Raymond James Financial set a $10.00 target price on Camping World in a research report on Friday, May 1st. Wall Street Zen cut shares of Camping World from a “hold” rating to a “sell” rating in a research note on Sunday. Truist Financial dropped their price target on shares of Camping World from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, April 9th. Finally, Weiss Ratings lowered shares of Camping World from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Camping World presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.33.

Camping World Stock Down 3.7%

Camping World stock opened at $6.05 on Thursday. Camping World has a one year low of $5.49 and a one year high of $18.34. The stock has a fifty day moving average of $7.00 and a 200 day moving average of $8.39. The company has a debt-to-equity ratio of 4.30, a quick ratio of 0.23 and a current ratio of 1.17. The stock has a market cap of $623.09 million, a PE ratio of -4.06 and a beta of 2.04.

Camping World (NYSE:CWH) last announced its earnings results on Wednesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.01. The business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Camping World had a negative return on equity of 4.06% and a negative net margin of 1.49%.The business’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period last year, the firm posted $0.57 earnings per share. As a group, sell-side analysts predict that Camping World will post 0.33 EPS for the current year.

Camping World Profile

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.