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

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

A number of other equities research analysts also recently issued reports on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Camping World in a research report on Monday, December 29th. Citigroup lowered their price target on shares of Camping World from $22.00 to $18.00 and set a “buy” rating on the stock in a report on Friday, October 31st. KeyCorp cut their price objective on Camping World from $18.00 to $12.00 and set an “overweight” rating for the company in a report on Thursday. BMO Capital Markets reduced their price objective on Camping World from $22.00 to $16.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Truist Financial lowered their target price on Camping World from $20.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Nine equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Camping World currently has an average rating of “Moderate Buy” and an average target price of $15.80.

Camping World Trading Down 3.4%

Camping World stock opened at $8.32 on Friday. The company has a 50 day moving average price of $11.84 and a 200 day moving average price of $13.46. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.27 and a current ratio of 1.26. Camping World has a 52 week low of $8.07 and a 52 week high of $19.97. The firm has a market capitalization of $850.75 million, a price-to-earnings ratio of -5.78 and a beta of 2.15.

Camping World (NYSE:CWH) last issued its earnings results on Tuesday, February 24th. The company reported ($0.73) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.63) by ($0.10). The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.16 billion. Camping World had a negative net margin of 1.41% and a negative return on equity of 3.09%. Camping World’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.47) EPS. Research analysts forecast that Camping World will post -0.66 EPS for the current year.

Institutional Investors Weigh In On Camping World

Institutional investors and hedge funds have recently made changes to their positions in the company. Eminence Capital LP grew its holdings in Camping World by 123.3% during the 2nd quarter. Eminence Capital LP now owns 4,134,705 shares of the company’s stock worth $71,076,000 after acquiring an additional 2,283,331 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Camping World by 86.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,970,543 shares of the company’s stock valued at $19,173,000 after purchasing an additional 914,421 shares in the last quarter. Bank of America Corp DE boosted its holdings in Camping World by 128.1% during the third quarter. Bank of America Corp DE now owns 1,345,777 shares of the company’s stock worth $21,250,000 after purchasing an additional 755,665 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of Camping World by 94.9% during the 4th quarter. BNP Paribas Financial Markets now owns 1,522,570 shares of the company’s stock worth $14,815,000 after purchasing an additional 741,263 shares during the last quarter. Finally, Walleye Capital LLC raised its holdings in shares of Camping World by 807.5% in the 2nd quarter. Walleye Capital LLC now owns 587,149 shares of the company’s stock valued at $10,093,000 after purchasing an additional 522,449 shares during the period. Institutional investors and hedge funds own 52.54% of the company’s stock.

Key Headlines Impacting Camping World

Here are the key news stories impacting Camping World this week:

• Positive Sentiment: Management set a 2026 adjusted EBITDA target of $275M–$325M and said it will pause the dividend to prioritize deleveraging — a plan investors can view as a constructive step toward improving the balance sheet and credit profile. Article Title
• Positive Sentiment: Several brokers kept buy/overweight ratings (Roth MKM, Monness, BMO, KeyCorp) even after trimming price targets, which provides some analyst support beneath the shares. Article Title
• Neutral Sentiment: Revenue for Q4 (~$1.17B) came roughly in line with estimates, suggesting demand wasn’t the primary driver of the stock move — instead the hit came from tax and non‑operational items. Article Title
• Negative Sentiment: Multiple law firms have announced securities‑fraud investigations into CWH, increasing legal risk and investor uncertainty—these announcements typically pressure share prices until resolved. Article Title
• Negative Sentiment: Q4 results included a wider net loss (full‑year loss of $105.6M) driven largely by adjustments to deferred tax assets and a tax receivable agreement liability; management also suspended the cash dividend — both the accounting charges and dividend suspension are immediate negative catalysts. Article Title
• Negative Sentiment: Analysts reduced price targets (BMO to $16, KeyCorp to $12, Monness to $15) reflecting tempered near‑term expectations; price‑target cuts amplify downward pressure despite maintained buy/overweight stances. Article Title

About Camping World

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.