Camping World (NYSE:CWH) Receives Average Recommendation of “Moderate Buy” from Analysts

Camping World (NYSE:CWH) has earned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $11.5682.

CWH has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut their price objective on shares of Camping World from $16.00 to $11.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Robert W. Baird set a $7.00 target price on Camping World in a research note on Friday, July 31st. Raymond James Financial set a $8.25 price target on Camping World in a report on Friday, July 31st. Truist Financial lowered their price target on shares of Camping World from $14.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, September 10th. Finally, Roth Capital set a $12.00 price objective on shares of Camping World in a report on Monday, August 3rd.

Institutional Trading of Camping World

Several hedge funds have recently made changes to their positions in the company. WINTON GROUP Ltd acquired a new position in Camping World in the second quarter valued at approximately $762,000. Allworth Financial LP raised its position in Camping World by 777.1% in the second 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. Public Employees Retirement System of Ohio acquired a new position in shares of Camping World in the 2nd quarter valued at $28,000. Essential Partners LLC purchased a new position in shares of Camping World during the 1st quarter worth $69,000. Finally, Royal Bank of Canada increased its position in shares of Camping World by 99.8% during the 1st quarter. Royal Bank of Canada now owns 29,387 shares of the company’s stock worth $201,000 after purchasing an additional 14,679 shares during the last quarter. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Price Performance

NYSE:CWH opened at $5.60 on Monday. Camping World has a one year low of $5.49 and a one year high of $17.97. The company has a debt-to-equity ratio of 3.77, a quick ratio of 0.30 and a current ratio of 1.22. The firm has a market cap of $578.84 million, a price-to-earnings ratio of -3.62 and a beta of 2.07. The firm’s fifty day moving average is $6.30 and its two-hundred day moving average is $6.83.

Camping World (NYSE:CWH) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.57 EPS for the quarter, hitting the consensus estimate of $0.57. The business had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.99 billion. Camping World had a negative return on equity of 3.52% and a negative net margin of 1.55%.The business’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.57 EPS. Research analysts expect that Camping World will post 0.09 EPS for the current year.

About Camping World

Camping World Holdings, Inc is a specialty retailer and service provider focused on the recreational vehicle (RV) industry. Through its Camping World dealership network, the company sells new and used motorhomes, travel trailers, fifth-wheel trailers and other RVs. It also provides financing and insurance-related products, subject to applicable regulations and third-party arrangements.

The company operates RV parts and accessories retail businesses and provides maintenance, repair, collision and other service offerings through locations across the United States.