Brokerages Set Camping World (NYSE:CWH) Target Price at $11.66

Shares of Camping World (NYSE:CWH) have been given an average rating of “Moderate Buy” by the twelve research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $11.5682.

A number of brokerages recently issued reports on CWH. Robert W. Baird set a $7.00 price objective on Camping World in a research report on Friday, July 31st. Raymond James Financial set a $8.25 target price on Camping World in a research report on Friday, July 31st. Weiss Ratings upgraded Camping World from a “sell (e+)” rating to a “sell (d)” rating in a research note on Monday, August 3rd. Truist Financial lowered their price target on Camping World from $14.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, September 10th. Finally, Bank of America reiterated a “buy” rating and set a $14.00 price target on shares of Camping World in a research report on Friday, July 31st.

Camping World Stock Performance

NYSE CWH opened at $5.56 on Monday. Camping World has a 1 year low of $5.49 and a 1 year high of $18.22. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.22 and a quick ratio of 0.30. The stock has a market capitalization of $573.88 million, a PE ratio of -3.58 and a beta of 2.07. The company’s 50 day simple moving average is $6.33 and its two-hundred day simple moving average is $6.86.

Camping World (NYSE:CWH) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.57 EPS for the quarter, meeting the consensus estimate of $0.57. The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.99 billion. Camping World had a negative net margin of 1.55% and a negative return on equity of 3.52%. The business’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period last year, the firm earned $0.57 EPS. Analysts predict that Camping World will post 0.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Camping World

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. WINTON GROUP Ltd bought a new position in shares of Camping World in the 2nd quarter worth $762,000. Allworth Financial LP raised its position in shares of Camping World by 777.1% during the 2nd quarter. Allworth Financial LP now owns 3,219 shares of the company’s stock valued at $25,000 after buying an additional 2,852 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Camping World during the 2nd quarter worth $28,000. Essential Partners LLC bought a new stake in shares of Camping World during the 1st quarter worth $69,000. Finally, Royal Bank of Canada grew its position in Camping World by 99.8% in the first quarter. Royal Bank of Canada now owns 29,387 shares of the company’s stock worth $201,000 after acquiring an additional 14,679 shares in the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

Camping World Company Profile

Camping World Holdings, Inc is a specialty retailer and service provider focused on the recreational vehicle (RV) industry. Through its Camping World dealership network, the company sells new and used motorhomes, travel trailers, fifth-wheel trailers and other RVs. It also provides financing and insurance-related products, subject to applicable regulations and third-party arrangements.

The company operates RV parts and accessories retail businesses and provides maintenance, repair, collision and other service offerings through locations across the United States.