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

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

CWH has been the topic of several recent research reports. Roth Mkm reaffirmed a “buy” rating and issued a $16.00 price objective (down from $18.00) on shares of Camping World in a report on Thursday, February 26th. KeyCorp dropped their price objective on shares of Camping World from $18.00 to $12.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Wall Street Zen raised shares of Camping World from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Monness Crespi & Hardt lowered their price target on shares of Camping World from $20.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Truist Financial lowered their price target on shares of Camping World from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, April 9th.

Institutional Trading of Camping World

A number of hedge funds have recently added to or reduced their stakes in CWH. Eminence Capital LP boosted its holdings in Camping World by 45.8% during the fourth quarter. Eminence Capital LP now owns 5,779,805 shares of the company’s stock worth $56,238,000 after buying an additional 1,815,042 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Camping World by 86.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,970,543 shares of the company’s stock worth $19,173,000 after buying an additional 914,421 shares in the last quarter. Bank of America Corp DE boosted its holdings in Camping World by 128.1% during the third quarter. Bank of America Corp DE now owns 1,345,777 shares of the company’s stock worth $21,250,000 after buying an additional 755,665 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Camping World by 94.9% during the fourth quarter. BNP Paribas Financial Markets now owns 1,522,570 shares of the company’s stock worth $14,815,000 after buying an additional 741,263 shares in the last quarter. Finally, Capital Research Global Investors boosted its holdings in Camping World by 15.5% during the third quarter. Capital Research Global Investors now owns 3,715,646 shares of the company’s stock worth $58,670,000 after buying an additional 499,999 shares in the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

Camping World Stock Up 3.1%

CWH stock opened at $7.98 on Friday. The firm’s fifty day simple moving average is $7.16 and its 200-day simple moving average is $9.25. The company has a market capitalization of $821.55 million, a P/E ratio of -5.35 and a beta of 2.05. The company has a debt-to-equity ratio of 4.30, a current ratio of 1.17 and a quick ratio of 0.23. Camping World has a 12 month low of $5.70 and a 12 month high of $19.64.

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 for 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 for the quarter was down 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.16) EPS. As a group, equities research analysts forecast that Camping World will post 0.33 earnings per share for the current 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.