Camping World $CWH Position Lessened by Ararat Capital Management LP

Ararat Capital Management LP decreased its position in shares of Camping World (NYSE:CWHFree Report) by 45.2% in the third quarter, Holdings Channel.com reports. The firm owned 443,116 shares of the company’s stock after selling 364,947 shares during the period. Camping World comprises 3.8% of Ararat Capital Management LP’s holdings, making the stock its 11th largest holding. Ararat Capital Management LP’s holdings in Camping World were worth $6,997,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CWH. Eminence Capital LP raised its stake in shares of 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 purchasing an additional 2,283,331 shares in the last quarter. Capital Research Global Investors grew its stake in shares of Camping World by 15.5% in the 3rd quarter. Capital Research Global Investors now owns 3,715,646 shares of the company’s stock valued at $58,670,000 after buying an additional 499,999 shares in the last quarter. Balyasny Asset Management L.P. increased its holdings in Camping World by 18.0% in the second quarter. Balyasny Asset Management L.P. now owns 3,221,271 shares of the company’s stock worth $55,374,000 after buying an additional 490,245 shares during the last quarter. Crestview Partners II GP L.P. increased its holdings in Camping World by 0.4% in the second quarter. Crestview Partners II GP L.P. now owns 1,921,246 shares of the company’s stock worth $33,026,000 after buying an additional 6,913 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its position in Camping World by 8.2% during the second quarter. Qube Research & Technologies Ltd now owns 1,428,901 shares of the company’s stock valued at $24,563,000 after acquiring an additional 108,565 shares in the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. BMO Capital Markets reduced their target price on shares of Camping World from $22.00 to $16.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. KeyCorp cut their price target on shares of Camping World from $18.00 to $12.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Camping World in a research note on Monday, December 29th. Monness Crespi & Hardt decreased their price objective on shares of Camping World from $20.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, Wall Street Zen downgraded shares of Camping World from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. Nine equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Camping World presently has an average rating of “Moderate Buy” and a consensus price target of $15.80.

View Our Latest Analysis on Camping World

Camping World Stock Up 0.8%

Shares of Camping World stock opened at $6.47 on Friday. Camping World has a 12-month low of $6.41 and a 12-month high of $19.64. The company has a quick ratio of 0.23, a current ratio of 1.20 and a debt-to-equity ratio of 4.14. The stock has a 50 day moving average price of $11.31 and a two-hundred day moving average price of $12.78. The stock has a market capitalization of $661.82 million, a P/E ratio of -4.49 and a beta of 2.15.

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

Camping World News Summary

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

Camping World Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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