Camping World (NYSE:CWH) Stock Has Consensus Price Target of $10.48 According to Analysts

Shares of Camping World (NYSE:CWH) have been given a consensus recommendation of “Moderate Buy” by the eleven research firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating and eight have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $10.20.

Several analysts have recently commented on the stock. Wall Street Zen upgraded shares of Camping World from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. KeyCorp cut their price target on shares of Camping World from $8.00 to $7.00 and set an “overweight” rating on the stock in a report on Wednesday. Roth Capital restated a “buy” rating and set a $10.00 price target (down from $12.00) on shares of Camping World in a report on Monday, September 28th. Robert W. Baird set a $7.00 price objective on shares of Camping World in a research report on Friday, July 31st. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Camping World in a research note on Monday, October 5th.

Hedge Funds Weigh In On Camping World

Several institutional investors have recently modified their holdings of the business. Entropy Technologies LP lifted its holdings in Camping World by 5.3% during the first quarter. Entropy Technologies LP now owns 40,792 shares of the company’s stock worth $279,000 after acquiring an additional 2,048 shares during the period. World Investment Advisors boosted its position in Camping World by 10.2% in the first quarter. World Investment Advisors now owns 22,443 shares of the company’s stock worth $153,000 after purchasing an additional 2,078 shares during the last quarter. Hsbc Holdings PLC boosted its position in Camping World by 6.4% in the first quarter. Hsbc Holdings PLC now owns 36,843 shares of the company’s stock worth $252,000 after purchasing an additional 2,214 shares during the last quarter. Allworth Financial LP grew its stake in Camping World by 777.1% in the 2nd quarter. Allworth Financial LP now owns 3,219 shares of the company’s stock valued at $25,000 after purchasing an additional 2,852 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in Camping World in the 2nd quarter valued at $28,000. 52.54% of the stock is owned by institutional investors.

Camping World Price Performance

NYSE CWH opened at $5.09 on Tuesday. The business has a fifty day simple moving average of $5.27 and a 200 day simple moving average of $7.28. Camping World has a 12 month low of $3.96 and a 12 month high of $15.18. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.22 and a quick ratio of 0.30.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Monday, November 2nd. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.33). The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Camping World had a negative return on equity of 17.74% and a negative net margin of 4.20%. Camping World’s revenue was down 12.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 earnings per share. As a group, equities research analysts expect that Camping World will post -0.06 earnings per share for the current fiscal year.

Camping World Company Profile

Camping World Holdings, Inc is a recreational vehicle retailer and service provider operating under the Camping World brand. The company sells new and used motorized and towable recreational vehicles, including motorhomes, travel trailers and fifth-wheel trailers, serving consumers across the United States.

In addition to vehicle sales, Camping World provides related products and services through its dealership network. These offerings include RV parts and accessories, maintenance and repair services, vehicle financing and insurance products, and other ownership-related services.