GSA Capital Partners LLP Purchases New Shares in Camping World $CWH

GSA Capital Partners LLP purchased a new stake in Camping World (NYSE:CWH) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 92,284 shares of the company’s stock, valued at approximately $898,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CWH. Quarry LP raised its holdings in Camping World by 2,275.8% in the 3rd quarter. Quarry LP now owns 1,568 shares of the company’s stock valued at $25,000 after acquiring an additional 1,502 shares in the last quarter. State of Wyoming acquired a new position in Camping World in the 3rd quarter valued at $43,000. Aster Capital Management DIFC Ltd acquired a new position in Camping World in the 3rd quarter valued at $83,000. Russell Investments Group Ltd. raised its holdings in Camping World by 923.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock valued at $87,000 after acquiring an additional 4,998 shares in the last quarter. Finally, MGO One Seven LLC acquired a new position in Camping World in the 4th quarter valued at $107,000. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Price Performance

Camping World stock opened at $7.45 on Friday. The company has a debt-to-equity ratio of 4.30, a quick ratio of 0.23 and a current ratio of 1.17. Camping World has a 52 week low of $5.70 and a 52 week high of $19.64. The stock has a market capitalization of $767.38 million, a P/E ratio of -5.00 and a beta of 2.11. The stock has a fifty day moving average of $6.92 and a 200-day moving average of $9.65.

Camping World (NYSE:CWH) last posted its quarterly earnings results on Wednesday, April 29th. The company reported ($0.21) EPS for the quarter, topping analysts’ consensus estimates of ($0.31) by $0.10. Camping World had a negative return on equity of 4.06% and a negative net margin of 1.49%.The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the firm earned ($0.16) EPS. Camping World’s revenue was down 4.2% on a year-over-year basis. On average, sell-side analysts expect that Camping World will post 0.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CWH shares. Weiss Ratings cut Camping World from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, May 11th. BMO Capital Markets dropped their price objective on Camping World from $22.00 to $16.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. Zacks Research raised Camping World from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Raymond James Financial set a $10.00 price objective on Camping World in a report on Friday, May 1st. Finally, Truist Financial dropped their price objective on Camping World from $15.00 to $14.00 and set a “buy” rating for the company in a report on Thursday, April 9th. Nine research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $15.22.

About Camping World

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.