Camping World (NYSE:CWH) Price Target Cut to $25.00 by Analysts at Truist Financial

Camping World (NYSE:CWHGet Rating) had its target price lowered by Truist Financial from $30.00 to $25.00 in a report released on Friday, The Fly reports. Truist Financial’s price objective indicates a potential downside of 1.96% from the stock’s current price.

Several other research firms have also recently weighed in on CWH. TheStreet raised shares of Camping World from a “c+” rating to a “b-” rating in a report on Friday, August 12th. Monness Crespi & Hardt lifted their price target on Camping World from $32.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, August 4th. Finally, Raymond James upped their price objective on Camping World from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Thursday, August 4th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Camping World currently has an average rating of “Hold” and a consensus target price of $37.33.

Camping World Price Performance

Shares of CWH opened at $25.50 on Friday. The company’s fifty day simple moving average is $29.11 and its 200 day simple moving average is $27.57. Camping World has a 1-year low of $20.85 and a 1-year high of $46.77. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 4.82 and a beta of 2.72. The company has a current ratio of 1.39, a quick ratio of 0.27 and a debt-to-equity ratio of 4.96.

Camping World (NYSE:CWHGet Rating) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $1.97 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.27. Camping World had a return on equity of 87.92% and a net margin of 3.31%. The business had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter last year, the company posted $2.40 earnings per share. On average, research analysts forecast that Camping World will post 4.39 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Camping World news, CFO Karin L. Bell sold 16,953 shares of Camping World stock in a transaction dated Friday, September 16th. The stock was sold at an average price of $30.08, for a total transaction of $509,946.24. Following the completion of the transaction, the chief financial officer now owns 105,898 shares of the company’s stock, valued at approximately $3,185,411.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 47.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Advisor Group Holdings Inc. grew its position in Camping World by 31.4% in the first quarter. Advisor Group Holdings Inc. now owns 12,102 shares of the company’s stock worth $775,000 after acquiring an additional 2,895 shares in the last quarter. Rise Advisors LLC purchased a new stake in Camping World in the fourth quarter worth about $28,000. Inspire Investing LLC purchased a new stake in Camping World in the first quarter worth $601,000. Procyon Advisors LLC lifted its holdings in shares of Camping World by 48.2% during the first quarter. Procyon Advisors LLC now owns 15,515 shares of the company’s stock valued at $434,000 after purchasing an additional 5,049 shares during the last quarter. Finally, Belpointe Asset Management LLC boosted its holdings in Camping World by 2.6% in the fourth quarter. Belpointe Asset Management LLC now owns 26,695 shares of the company’s stock worth $1,078,000 after acquiring an additional 680 shares in the last quarter. Hedge funds and other institutional investors own 38.15% of the company’s stock.

About Camping World

(Get Rating)

Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs), and related products and services. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.

Further Reading

The Fly logo

Analyst Recommendations for Camping World (NYSE:CWH)

Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.