Camping World (NYSE:CWH) Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of Camping World (NYSE:CWH) from a hold rating to a sell rating in a report published on Saturday morning,Wall Street Zen reports.

Several other analysts also recently issued reports on CWH. KeyCorp cut their price target on Camping World from $8.00 to $7.00 and set an “overweight” rating on the stock in a report on Wednesday, November 4th. Robert W. Baird set a $7.00 price objective on Camping World in a research report on Friday, July 31st. Citigroup downgraded Camping World from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $7.00 to $5.00 in a research note on Wednesday, November 4th. Northcoast Research set a $11.00 target price on Camping World in a research report on Monday, October 19th. Finally, Roth Capital reiterated a “buy” rating and issued a $10.00 target price (down from $12.00) on shares of Camping World in a research note on Monday, September 28th. Nine research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Camping World currently has a consensus rating of “Moderate Buy” and an average price target of $9.85.

Camping World Trading Up 1.9%

CWH opened at $4.68 on Friday. Camping World has a fifty-two week low of $3.96 and a fifty-two week high of $15.18. The company’s 50-day moving average price is $5.19 and its 200 day moving average price is $7.18. The company has a current ratio of 1.22, a quick ratio of 0.30 and a debt-to-equity ratio of 3.77.

Camping World (NYSE:CWH) last issued its earnings results 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 business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.65 billion. Camping World had a negative return on equity of 17.74% and a negative net margin of 4.20%. The business’s revenue was down 12.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.43 EPS. Equities research analysts predict that Camping World will post -0.55 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CWH. Brickley Wealth Management acquired a new position in shares of Camping World during the third quarter valued at $68,000. Vise Technologies Inc. acquired a new stake in Camping World in the third quarter worth about $81,000. Axxcess Wealth Management LLC acquired a new stake in Camping World in the third quarter worth about $63,000. WINTON GROUP Ltd bought a new position in Camping World in the 2nd quarter valued at about $762,000. Finally, Allworth Financial LP grew its position 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 buying an additional 2,852 shares in the last quarter. Institutional investors own 52.54% of the company’s stock.

About Camping World

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.