Analysts Set Camping World (NYSE:CWH) Price Target at $15.80

Shares of Camping World (NYSE:CWH) have been assigned a consensus rating of “Moderate Buy” from the twelve brokerages that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $15.80.

A number of brokerages have recently issued reports on CWH. Wall Street Zen lowered Camping World from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. Zacks Research lowered Camping World from a “hold” rating to a “strong sell” rating in a research note on Friday, February 27th. Roth Mkm restated a “buy” rating and set a $16.00 price objective (down from $18.00) on shares of Camping World in a report on Thursday, February 26th. KeyCorp cut their target price on Camping World from $18.00 to $12.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Finally, Monness Crespi & Hardt reduced their target price on Camping World from $20.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, February 26th.

Camping World Price Performance

CWH opened at $6.92 on Monday. Camping World has a twelve month low of $5.70 and a twelve month high of $19.64. The firm has a market cap of $712.18 million, a price-to-earnings ratio of -4.80 and a beta of 2.15. The company has a current ratio of 1.20, a quick ratio of 0.23 and a debt-to-equity ratio of 4.14. The company has a fifty day simple moving average of $10.28 and a 200 day simple moving average of $11.97.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Tuesday, February 24th. The company reported ($0.73) EPS for the quarter, missing analysts’ consensus estimates of ($0.63) by ($0.10). The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.16 billion. Camping World had a negative return on equity of 3.29% and a negative net margin of 1.41%.The business’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.47) EPS. Equities research analysts expect that Camping World will post -0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CWH. Caitong International Asset Management Co. Ltd acquired a new stake in Camping World during the fourth quarter worth about $25,000. Quarry LP boosted its stake in Camping World by 2,275.8% in the third quarter. Quarry LP now owns 1,568 shares of the company’s stock valued at $25,000 after acquiring an additional 1,502 shares during the period. State of Wyoming bought a new position in shares of Camping World during the third quarter valued at approximately $43,000. Aster Capital Management DIFC Ltd bought a new position in shares of Camping World during the third quarter valued at approximately $83,000. Finally, Russell Investments Group Ltd. raised its position in shares of Camping World by 923.8% during the 3rd 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 period. 52.54% of the stock is owned by institutional investors and hedge funds.

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.