Camping World (NYSE:CWH) was downgraded by research analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a report issued on Friday.

Other analysts have also issued research reports about the company. Robert W. Baird restated a “buy” rating and set a $40.00 price target on shares of Camping World in a report on Friday, October 27th. Wells Fargo & Company reiterated an “outperform” rating and issued a $48.00 price objective (up previously from $37.00) on shares of Camping World in a report on Tuesday, November 7th. They noted that the move was a valuation call. Zacks Investment Research downgraded Camping World from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. Monness Crespi & Hardt reiterated a “buy” rating and issued a $47.00 price objective (up previously from $40.00) on shares of Camping World in a report on Tuesday, October 24th. Finally, KeyCorp reiterated an “overweight” rating and issued a $42.00 price objective on shares of Camping World in a report on Wednesday, August 30th. Thirteen equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $44.11.

Shares of Camping World (NYSE CWH) traded down $0.71 during trading hours on Friday, hitting $45.65. 577,063 shares of the company were exchanged, compared to its average volume of 766,900. Camping World has a fifty-two week low of $26.30 and a fifty-two week high of $47.35. The company has a current ratio of 1.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.74. The firm has a market capitalization of $3,988.12, a price-to-earnings ratio of 21.43, a price-to-earnings-growth ratio of 1.20 and a beta of 3.97.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Thursday, November 9th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.11. Camping World had a net margin of 1.20% and a return on equity of 116.85%. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the business posted $0.53 earnings per share. The firm’s quarterly revenue was up 25.0% on a year-over-year basis. equities analysts predict that Camping World will post 2.29 earnings per share for the current year.

In other Camping World news, CEO Marcus Lemonis sold 700,000 shares of the company’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $40.50, for a total transaction of $28,350,000.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Brent L. Moody sold 50,300 shares of the company’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $38.05, for a total value of $1,913,915.00. Following the sale, the insider now owns 81,464 shares in the company, valued at approximately $3,099,705.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,239,274 shares of company stock worth $332,471,945. 66.60% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of CWH. Alliancebernstein L.P. acquired a new position in Camping World in the first quarter worth about $251,000. Teachers Advisors LLC increased its position in shares of Camping World by 257.5% during the 1st quarter. Teachers Advisors LLC now owns 96,789 shares of the company’s stock valued at $3,120,000 after purchasing an additional 69,712 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Camping World by 6.9% during the 1st quarter. Vanguard Group Inc. now owns 494,221 shares of the company’s stock valued at $15,934,000 after purchasing an additional 32,101 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Camping World by 10.7% during the 1st quarter. Geode Capital Management LLC now owns 110,035 shares of the company’s stock valued at $3,547,000 after purchasing an additional 10,595 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Camping World by 26.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 43,620 shares of the company’s stock valued at $1,407,000 after purchasing an additional 9,162 shares during the last quarter. Institutional investors own 34.01% of the company’s stock.

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Camping World Company Profile

Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Camping World (NYSE:CWH)

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