JPMorgan Chase & Co. Boosts Camping World (NYSE:CWH) Price Target to $22.00

Camping World (NYSE:CWH) had its target price lifted by JPMorgan Chase & Co. from $20.00 to $22.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 38.70% from the company’s previous close.

Other research analysts also recently issued research reports about the company. Raymond James Financial lowered their target price on Camping World from $20.00 to $18.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. Citigroup upped their price objective on shares of Camping World from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, September 26th. KeyCorp increased their price objective on shares of Camping World from $18.00 to $21.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Camping World in a research note on Wednesday, October 8th. Finally, Zacks Research upgraded shares of Camping World from a “strong sell” rating to a “hold” rating in a report on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Camping World presently has an average rating of “Moderate Buy” and a consensus target price of $21.78.

Camping World Trading Up 3.9%

Shares of CWH stock opened at $15.86 on Monday. Camping World has a fifty-two week low of $11.17 and a fifty-two week high of $25.97. The stock’s fifty day moving average price is $16.66 and its two-hundred day moving average price is $16.26. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.24 and a current ratio of 1.26. The company has a market cap of $1.62 billion, a PE ratio of -79.31 and a beta of 1.94.

Camping World (NYSE:CWH) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). Camping World had a negative return on equity of 2.81% and a negative net margin of 0.13%.The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. Camping World’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the firm posted $0.38 EPS. Equities analysts predict that Camping World will post -0.66 EPS for the current fiscal year.

Institutional Trading of Camping World

Institutional investors and hedge funds have recently bought and sold shares of the stock. US Bancorp DE bought a new stake in shares of Camping World in the 1st quarter valued at about $72,000. Ameritas Investment Partners Inc. boosted its stake in Camping World by 11.0% during the second quarter. Ameritas Investment Partners Inc. now owns 6,154 shares of the company’s stock worth $106,000 after acquiring an additional 608 shares in the last quarter. CWM LLC grew its holdings in Camping World by 1,060.1% in the first quarter. CWM LLC now owns 7,645 shares of the company’s stock worth $124,000 after purchasing an additional 6,986 shares during the period. CANADA LIFE ASSURANCE Co increased its stake in Camping World by 117.1% in the second quarter. CANADA LIFE ASSURANCE Co now owns 8,877 shares of the company’s stock valued at $153,000 after purchasing an additional 4,789 shares in the last quarter. Finally, Corient IA LLC bought a new position in shares of Camping World during the 1st quarter worth about $162,000. 52.54% of the stock is currently owned by institutional investors and hedge funds.

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.