Camping World (NYSE:CWH) Receives $12.02 Average Price Target from Analysts

Shares of Camping World (NYSE:CWH) have been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and ten have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $12.0227.

CWH has been the subject of a number of analyst reports. Robert W. Baird set a $7.00 price objective on Camping World in a research report on Friday, July 31st. JPMorgan Chase & Co. reduced their target price on shares of Camping World from $16.00 to $11.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Roth Capital set a $12.00 price target on shares of Camping World in a research note on Monday, August 3rd. Citigroup lowered their price target on shares of Camping World from $10.00 to $9.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Finally, Weiss Ratings upgraded shares of Camping World from a “sell (e+)” rating to a “sell (d)” rating in a report on Monday, August 3rd.

Camping World Stock Up 0.8%

Shares of NYSE CWH opened at $6.53 on Thursday. The stock has a market cap of $674.48 million, a P/E ratio of -4.21 and a beta of 2.06. The company has a current ratio of 1.22, a quick ratio of 0.30 and a debt-to-equity ratio of 3.77. Camping World has a 12-month low of $5.49 and a 12-month high of $18.34. The business’s fifty day simple moving average is $6.62 and its 200-day simple moving average is $7.42.

Camping World (NYSE:CWH) last released its earnings results on Wednesday, July 29th. The company reported $0.57 EPS for the quarter, hitting the consensus estimate of $0.57. Camping World had a negative return on equity of 3.52% and a negative net margin of 1.55%.The firm had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same period in the previous year, the firm posted $0.57 EPS. Camping World’s revenue for the quarter was down 2.1% on a year-over-year basis. As a group, equities analysts predict that Camping World will post 0.09 EPS for the current fiscal year.

Institutional Trading of Camping World

Hedge funds and other institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of Camping World during the 4th quarter worth about $25,000. Quarry LP raised its position in shares of Camping World by 2,275.8% during the 3rd quarter. Quarry LP now owns 1,568 shares of the company’s stock worth $25,000 after acquiring an additional 1,502 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Camping World during the 2nd quarter worth about $28,000. Essential Partners LLC purchased a new stake in Camping World during the first quarter worth approximately $69,000. Finally, Russell Investments Group Ltd. lifted its stake in Camping World by 923.8% during the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock worth $87,000 after purchasing an additional 4,998 shares during the last quarter. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Camping World Company 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.