Robert W. Baird Reiterates “Buy” Rating for Camping World (CWH)

Camping World (NYSE:CWH)‘s stock had its “buy” rating reissued by equities research analysts at Robert W. Baird in a research note issued to investors on Friday. They presently have a $50.00 target price on the stock. Robert W. Baird’s target price points to a potential upside of 8.55% from the company’s previous close.

A number of other brokerages have also weighed in on CWH. ValuEngine lowered Camping World from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Wells Fargo & Co restated an “outperform” rating and set a $48.00 price target (up previously from $37.00) on shares of Camping World in a research note on Tuesday, November 7th. They noted that the move was a valuation call. Credit Suisse Group restated an “outperform” rating and set a $45.00 price target (up previously from $43.00) on shares of Camping World in a research note on Tuesday, October 31st. Bank of America lifted their target price on Camping World from $42.00 to $48.00 and gave the stock a “buy” rating in a report on Tuesday, October 31st. Finally, Monness Crespi & Hardt reaffirmed a “buy” rating and set a $47.00 target price (up previously from $40.00) on shares of Camping World in a report on Tuesday, October 24th. Thirteen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Camping World presently has a consensus rating of “Buy” and an average target price of $44.88.

Camping World (NYSE:CWH) traded down $0.24 on Friday, reaching $46.06. 276,900 shares of the company’s stock traded hands, compared to its average volume of 482,186. Camping World has a 1-year low of $26.30 and a 1-year high of $47.62. The company has a quick ratio of 0.29, a current ratio of 1.29 and a debt-to-equity ratio of 2.74. The company has a market cap of $4,023.94, a PE ratio of 23.26, a P/E/G ratio of 1.22 and a beta of 3.90.

Camping World (NYSE:CWH) last posted its earnings results on Thursday, November 9th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. Camping World had a net margin of 1.20% and a return on equity of 116.85%. The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the firm posted $0.53 earnings per share. Camping World’s revenue for the quarter was up 25.0% compared to the same quarter last year. research analysts forecast that Camping World will post 2.29 earnings per share for the current fiscal year.

In related news, CFO Thomas F. Wolfe sold 42,183 shares of Camping World stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $38.15, for a total transaction of $1,609,281.45. Following the completion of the transaction, the chief financial officer now directly owns 59,961 shares of the company’s stock, valued at $2,287,512.15. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Roger L. Nuttall sold 13,816 shares of Camping World stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $39.38, for a total value of $544,074.08. Following the transaction, the insider now directly owns 58,816 shares of the company’s stock, valued at $2,316,174.08. The disclosure for this sale can be found here. Insiders sold a total of 7,818,619 shares of company stock worth $316,452,240 over the last quarter. Company insiders own 66.60% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bamco Inc. NY grew its position in Camping World by 9.6% during the third quarter. Bamco Inc. NY now owns 2,335,600 shares of the company’s stock valued at $95,152,000 after acquiring an additional 205,000 shares during the period. Eagle Asset Management Inc. lifted its stake in shares of Camping World by 4.5% during the third quarter. Eagle Asset Management Inc. now owns 1,147,173 shares of the company’s stock worth $45,886,000 after purchasing an additional 49,155 shares in the last quarter. Voya Investment Management LLC lifted its stake in shares of Camping World by 73.9% during the second quarter. Voya Investment Management LLC now owns 1,104,837 shares of the company’s stock worth $34,084,000 after purchasing an additional 469,558 shares in the last quarter. Citadel Advisors LLC lifted its stake in shares of Camping World by 347.5% during the second quarter. Citadel Advisors LLC now owns 965,923 shares of the company’s stock worth $29,799,000 after purchasing an additional 750,059 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Camping World by 72.6% during the second quarter. Vanguard Group Inc. now owns 853,107 shares of the company’s stock worth $26,319,000 after purchasing an additional 358,886 shares in the last quarter. 33.98% of the stock is owned by institutional investors.

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Camping World Company Profile

Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.

Analyst Recommendations for Camping World (NYSE:CWH)

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