Vanguard Group Inc. Acquires 190,557 Shares of Camping World $CWH

Vanguard Group Inc. increased its holdings in Camping World (NYSE:CWH) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,021,036 shares of the company’s stock after purchasing an additional 190,557 shares during the quarter. Vanguard Group Inc. owned approximately 0.06% of Camping World worth $58,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. AlphaQuest LLC boosted its stake in shares of Camping World by 7.1% during the 3rd quarter. AlphaQuest LLC now owns 11,932 shares of the company’s stock valued at $188,000 after purchasing an additional 793 shares in the last quarter. UBS Group AG lifted its holdings in Camping World by 0.4% in the third quarter. UBS Group AG now owns 266,095 shares of the company’s stock worth $4,202,000 after buying an additional 982 shares during the period. Alliancebernstein L.P. lifted its holdings in Camping World by 2.2% in the third quarter. Alliancebernstein L.P. now owns 55,200 shares of the company’s stock worth $872,000 after buying an additional 1,200 shares during the period. Quantbot Technologies LP boosted its position in Camping World by 10.4% during the 3rd quarter. Quantbot Technologies LP now owns 13,400 shares of the company’s stock valued at $212,000 after acquiring an additional 1,265 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Camping World by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,339 shares of the company’s stock valued at $539,000 after acquiring an additional 1,401 shares in the last quarter. 52.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CWH. Weiss Ratings cut Camping World from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday. Monness Crespi & Hardt cut their price objective on Camping World from $20.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. BMO Capital Markets cut their price objective on Camping World from $22.00 to $16.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Roth Mkm reaffirmed a “buy” rating and set a $16.00 price objective (down from $18.00) on shares of Camping World in a research report on Thursday, February 26th. Finally, Truist Financial cut their price objective on Camping World from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, April 9th. Nine research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.22.

Camping World Price Performance

CWH stock opened at $6.61 on Friday. The firm has a 50 day moving average price of $6.94 and a 200-day moving average price of $9.91. Camping World has a 52-week low of $5.70 and a 52-week high of $19.64. The firm has a market capitalization of $680.87 million, a price-to-earnings ratio of -4.44 and a beta of 2.11. The company has a debt-to-equity ratio of 4.30, a quick ratio of 0.23 and a current ratio of 1.17.

Camping World (NYSE:CWH) last released its earnings results on Wednesday, April 29th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.31) by $0.10. Camping World had a negative net margin of 1.49% and a negative return on equity of 4.06%. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the business earned ($0.16) earnings per share. The business’s revenue was down 4.2% on a year-over-year basis. Equities research analysts forecast 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.