Camping World (NYSE:CWH) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Camping World (NYSE:CWH) have been given an average rating of “Moderate Buy” by the eleven ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $15.2222.

A number of research analysts recently issued reports on the company. Weiss Ratings cut Camping World from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, May 11th. Wall Street Zen raised shares of Camping World from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Truist Financial lowered their price objective on shares of Camping World from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Thursday, April 9th. Zacks Research raised shares of Camping World from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Raymond James Financial set a $10.00 target price on shares of Camping World in a research report on Friday, May 1st.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Quarry LP increased its stake in shares of 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 buying an additional 1,502 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Camping World during the fourth quarter worth $25,000. Russell Investments Group Ltd. boosted its position in shares of Camping World by 923.8% during the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock worth $87,000 after purchasing an additional 4,998 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of Camping World in the 3rd quarter valued at $109,000. Finally, CANADA LIFE ASSURANCE Co raised its stake in Camping World by 117.1% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 8,877 shares of the company’s stock worth $153,000 after buying an additional 4,789 shares during the period. Institutional investors and hedge funds own 52.54% of the company’s stock.

Camping World Stock Performance

NYSE:CWH opened at $6.71 on Wednesday. The stock has a market capitalization of $691.58 million, a P/E ratio of -4.51 and a beta of 2.04. The company has a current ratio of 1.17, a quick ratio of 0.23 and a debt-to-equity ratio of 4.30. Camping World has a 1 year low of $5.70 and a 1 year high of $19.38. The firm has a 50 day moving average of $7.30 and a 200-day moving average of $8.83.

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

Camping World Company Profile

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.