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

Shares of Camping World (NYSE:CWH) have earned an average rating of “Moderate Buy” from the eleven brokerages that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $15.2222.

Several brokerages have weighed in on CWH. Monness Crespi & Hardt lowered their target price on Camping World from $20.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. KeyCorp lowered their target price on Camping World from $18.00 to $12.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th. Truist Financial lowered their target price on Camping World from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday, April 9th. Wall Street Zen upgraded Camping World from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings downgraded Camping World from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, May 11th.

Camping World Trading Down 8.3%

NYSE CWH opened at $6.43 on Friday. 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 has a market cap of $661.92 million, a PE ratio of -4.31 and a beta of 2.05. Camping World has a one year low of $5.70 and a one year high of $19.64. The firm’s fifty day moving average is $7.10 and its two-hundred day moving average is $9.34.

Camping World (NYSE:CWH) last announced its earnings results on Wednesday, April 29th. The company reported ($0.21) earnings per share for the quarter, beating the consensus estimate of ($0.31) by $0.10. Camping World had a negative return on equity of 4.06% and a negative net margin of 1.49%.The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period last year, the business posted ($0.16) EPS. The company’s revenue was down 4.2% on a year-over-year basis. Analysts expect that Camping World will post 0.33 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Camping World in the 4th quarter valued at approximately $25,000. Quarry LP lifted its holdings 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. State of Wyoming acquired a new stake in shares of Camping World in the 3rd quarter valued at approximately $43,000. Essential Partners LLC acquired a new stake in shares of Camping World in the 1st quarter valued at approximately $69,000. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Camping World in the 3rd quarter valued at approximately $83,000. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

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.