Camping World (NYSE:CWH) Given Average Rating of “Moderate Buy” by Brokerages

Camping World (NYSE:CWH) has earned a consensus rating of “Moderate Buy” from the eleven brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $14.3333.

A number of equities research analysts recently commented on CWH shares. Weiss Ratings downgraded Camping World from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, May 11th. Raymond James Financial set a $10.00 price target on shares of Camping World in a report on Friday, May 1st. Citigroup dropped their price target on Camping World from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Friday. Wall Street Zen cut Camping World from a “hold” rating to a “sell” rating in a research note on Sunday. Finally, Zacks Research raised Camping World from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th.

Institutional Investors Weigh In On Camping World

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Walleye Capital LLC lifted its holdings in shares of Camping World by 995.1% in the 1st quarter. Walleye Capital LLC now owns 447,737 shares of the company’s stock worth $3,058,000 after acquiring an additional 406,852 shares during the last quarter. Burney Co. grew its holdings in Camping World by 107.8% during the 4th quarter. Burney Co. now owns 201,614 shares of the company’s stock valued at $1,962,000 after purchasing an additional 104,569 shares during the last quarter. GSA Capital Partners LLP bought a new position in Camping World during the 4th quarter valued at about $898,000. KBC Group NV purchased a new stake in Camping World in the 1st quarter worth about $2,003,000. Finally, Vanguard Group Inc. raised its position in Camping World by 3.3% in the 4th quarter. Vanguard Group Inc. now owns 6,021,036 shares of the company’s stock worth $58,585,000 after purchasing an additional 190,557 shares during the period. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Stock Performance

Shares of NYSE CWH opened at $5.72 on Friday. The company has a market cap of $589.62 million, a P/E ratio of -3.84 and a beta of 2.04. Camping World has a 52-week low of $5.49 and a 52-week high of $18.44. The company has a debt-to-equity ratio of 4.30, a quick ratio of 0.23 and a current ratio of 1.17. The firm’s fifty day moving average is $7.05 and its two-hundred day moving average is $8.50.

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

About Camping World

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.