Brokerages Set Camping World (NYSE:CWH) Price Target at $12.02

Camping World (NYSE:CWH) has been assigned an average rating of “Moderate Buy” from the twelve research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $12.0227.

A number of research firms have recently commented on CWH. Robert W. Baird set a $7.00 price objective on shares of Camping World in a research note on Friday, July 31st. Zacks Research raised shares of Camping World from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. dropped their target price on shares of Camping World from $16.00 to $11.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Roth Capital set a $12.00 price target on shares of Camping World in a research report on Monday, August 3rd. Finally, Weiss Ratings upgraded Camping World from a “sell (e+)” rating to a “sell (d)” rating in a report on Monday, August 3rd.

Camping World Price Performance

Camping World stock opened at $6.59 on Thursday. The stock’s 50 day moving average is $6.68 and its 200 day moving average is $7.60. 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 firm has a market cap of $680.68 million, a P/E ratio of -4.25 and a beta of 2.06. Camping World has a one year low of $5.49 and a one year high of $18.34.

Camping World (NYSE:CWH) last announced its earnings results on Wednesday, July 29th. The company reported $0.57 EPS for the quarter, meeting the consensus estimate of $0.57. The business had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Camping World had a negative return on equity of 3.52% and a negative net margin of 1.55%.The firm’s revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.57 earnings per share. As a group, research analysts expect that Camping World will post 0.09 EPS for the current year.

Institutional Investors Weigh In On Camping World

Several institutional investors and hedge funds have recently made changes to their positions in CWH. Vanguard Group Inc. increased its holdings in Camping World by 3.3% in the fourth quarter. Vanguard Group Inc. now owns 6,021,036 shares of the company’s stock worth $58,585,000 after purchasing an additional 190,557 shares in the last quarter. Eminence Capital LP boosted its holdings in shares of Camping World by 45.8% during the 4th quarter. Eminence Capital LP now owns 5,779,805 shares of the company’s stock worth $56,238,000 after buying an additional 1,815,042 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of Camping World by 12.8% during the 4th quarter. Capital Research Global Investors now owns 4,191,781 shares of the company’s stock worth $40,786,000 after buying an additional 476,135 shares in the last quarter. Balyasny Asset Management L.P. boosted its holdings in shares of Camping World by 18.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 3,221,271 shares of the company’s stock worth $55,374,000 after buying an additional 490,245 shares in the last quarter. Finally, State Street Corp grew its position in shares of Camping World by 31.0% during the 4th quarter. State Street Corp now owns 1,974,266 shares of the company’s stock worth $19,210,000 after buying an additional 467,630 shares during the period. Institutional investors own 52.54% of the company’s stock.

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.