Camping World (NYSE:CWH) Price Target Lowered to $26.00 at Truist Financial

Camping World (NYSE:CWH) had its price target dropped by stock analysts at Truist Financial from $28.00 to $26.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price objective suggests a potential upside of 19.65% from the company’s current price.

Several other equities analysts have also recently issued reports on the company. Bank of America assumed coverage on Camping World in a research report on Thursday, December 19th. They issued a “buy” rating and a $30.00 price target on the stock. Monness Crespi & Hardt raised their target price on shares of Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. StockNews.com raised shares of Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Roth Mkm reiterated a “buy” rating and set a $28.00 target price (up previously from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. Finally, KeyCorp lifted their price target on Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Camping World currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.78.

Camping World Stock Performance

CWH stock traded up $0.24 on Tuesday, hitting $21.73. The company’s stock had a trading volume of 197,379 shares, compared to its average volume of 956,729. Camping World has a 1 year low of $17.29 and a 1 year high of $28.72. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of -31.49 and a beta of 2.49. The firm has a 50 day moving average of $22.70 and a two-hundred day moving average of $21.93.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp grew its holdings in Camping World by 6.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 336,682 shares of the company’s stock valued at $6,013,000 after buying an additional 21,842 shares during the last quarter. Rhumbline Advisers raised its stake in Camping World by 5.3% in the 2nd quarter. Rhumbline Advisers now owns 61,138 shares of the company’s stock valued at $1,092,000 after purchasing an additional 3,099 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Camping World by 15.8% during the 2nd quarter. American Century Companies Inc. now owns 66,157 shares of the company’s stock worth $1,182,000 after purchasing an additional 9,003 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Camping World by 20.3% in the second quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock valued at $12,834,000 after buying an additional 121,022 shares during the last quarter. Finally, Moors & Cabot Inc. lifted its stake in shares of Camping World by 2.9% during the second quarter. Moors & Cabot Inc. now owns 19,065 shares of the company’s stock valued at $340,000 after buying an additional 531 shares during the period. 52.54% of the stock is owned by hedge funds and other institutional investors.

Camping World Company Profile

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.