Camping World (NYSE:CWH) Stock Rating Lowered by Wall Street Zen

Camping World (NYSE:CWH) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Several other research analysts have also weighed in on CWH. Raymond James Financial lowered their target price on shares of Camping World from $18.00 to $15.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Truist Financial decreased their price target on Camping World from $20.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. BMO Capital Markets restated an “outperform” rating and issued a $22.00 price target on shares of Camping World in a report on Thursday, October 30th. KeyCorp reduced their price objective on Camping World from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Camping World in a research report on Monday, December 29th. Eight equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Camping World currently has an average rating of “Moderate Buy” and a consensus target price of $17.67.

Camping World Price Performance

Camping World stock opened at $13.18 on Friday. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.27 and a current ratio of 1.26. Camping World has a one year low of $9.49 and a one year high of $24.36. The company has a market cap of $1.35 billion, a P/E ratio of -14.17 and a beta of 2.08. The business has a fifty day moving average of $11.40 and a two-hundred day moving average of $14.10.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Voya Investment Management LLC lifted its stake in shares of Camping World by 34.1% during the third quarter. Voya Investment Management LLC now owns 911,553 shares of the company’s stock valued at $14,393,000 after buying an additional 231,834 shares during the period. Eminence Capital LP raised its holdings in Camping World by 123.3% in the 2nd quarter. Eminence Capital LP now owns 4,134,705 shares of the company’s stock valued at $71,076,000 after acquiring an additional 2,283,331 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Camping World by 42.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 390,853 shares of the company’s stock valued at $5,945,000 after acquiring an additional 117,138 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Camping World by 5.7% during the 2nd quarter. Geode Capital Management LLC now owns 1,416,074 shares of the company’s stock worth $24,346,000 after purchasing an additional 76,441 shares during the period. Finally, Walleye Capital LLC boosted its holdings in shares of Camping World by 807.5% during the second quarter. Walleye Capital LLC now owns 587,149 shares of the company’s stock worth $10,093,000 after purchasing an additional 522,449 shares during the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

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.