Camping World (NYSE:CWH) Receives $15.22 Average PT from Analysts

Shares of Camping World (NYSE:CWH) have received a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $15.2222.

Several analysts recently commented on the company. Roth Mkm reaffirmed a “buy” rating and issued a $16.00 price objective (down from $18.00) on shares of Camping World in a report on Thursday, February 26th. KeyCorp cut their price target on Camping World from $18.00 to $12.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Monness Crespi & Hardt cut their price target on Camping World from $20.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Truist Financial cut their price target on Camping World from $15.00 to $14.00 and set a “buy” rating for the company in a report on Thursday, April 9th. Finally, BMO Capital Markets cut their price target on Camping World from $22.00 to $16.00 and set an “outperform” rating for the company in a report on Thursday, February 26th.

Institutional Trading of Camping World

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Camping World by 3.3% during the fourth quarter. Vanguard Group Inc. now owns 6,021,036 shares of the company’s stock valued at $58,585,000 after purchasing an additional 190,557 shares during the period. Eminence Capital LP grew its holdings in Camping World by 45.8% during the fourth quarter. Eminence Capital LP now owns 5,779,805 shares of the company’s stock valued at $56,238,000 after purchasing an additional 1,815,042 shares during the period. Capital Research Global Investors grew its holdings in Camping World by 12.8% during the fourth quarter. Capital Research Global Investors now owns 4,191,781 shares of the company’s stock valued at $40,786,000 after purchasing an additional 476,135 shares during the period. Balyasny Asset Management L.P. grew its holdings in Camping World by 18.0% during the second quarter. Balyasny Asset Management L.P. now owns 3,221,271 shares of the company’s stock valued at $55,374,000 after purchasing an additional 490,245 shares during the period. Finally, State Street Corp grew its holdings in Camping World by 31.0% during the fourth quarter. State Street Corp now owns 1,974,266 shares of the company’s stock valued at $19,210,000 after purchasing an additional 467,630 shares during the period. Institutional investors own 52.54% of the company’s stock.

Camping World Stock Performance

Shares of CWH opened at $6.61 on Tuesday. The company has a debt-to-equity ratio of 4.30, a current ratio of 1.17 and a quick ratio of 0.23. Camping World has a one year low of $5.70 and a one year high of $19.64. The firm has a market capitalization of $680.87 million, a P/E ratio of -4.44 and a beta of 2.11. The business has a fifty day moving average of $6.94 and a 200 day moving average of $9.91.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Wednesday, April 29th. The company reported ($0.21) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.10. Camping World had a negative return on equity of 4.06% and a negative net margin of 1.49%.The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the company posted ($0.16) earnings per share. Camping World’s revenue was down 4.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Camping World will post 0.33 EPS for the current year.

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.