Camping World (NYSE:CWH) Hits New 1-Year Low – What’s Next?

Camping World (NYSE:CWH)’s share price hit a new 52-week low on Monday . The company traded as low as $5.47 and last traded at $5.4950, with a volume of 193717 shares. The stock had previously closed at $5.60.

Analysts Set New Price Targets

Several research firms have commented on CWH. Robert W. Baird set a $7.00 price objective on Camping World in a research report on Friday, July 31st. Roth Capital set a $12.00 target price on Camping World in a research report on Monday, August 3rd. Wall Street Zen upgraded Camping World from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. KeyCorp dropped their target price on Camping World from $12.00 to $9.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Finally, Citigroup dropped their target price on Camping World from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Wednesday, September 16th. Ten equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $11.57.

Camping World Stock Performance

The company has a quick ratio of 0.30, a current ratio of 1.22 and a debt-to-equity ratio of 3.77. The company has a 50 day moving average of $6.28 and a 200 day moving average of $6.79. The firm has a market cap of $587.20 million, a price-to-earnings ratio of -3.67 and a beta of 2.07.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.57 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.57. Camping World had a negative return on equity of 3.52% and a negative net margin of 1.55%.The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same quarter last year, the firm earned $0.57 EPS. Camping World’s quarterly revenue was down 2.1% on a year-over-year basis. As a group, equities research analysts expect that Camping World will post 0.09 EPS for the current fiscal year.

Institutional Trading of Camping World

Hedge funds have recently made changes to their positions in the stock. Eminence Capital LP grew its holdings in Camping World by 45.8% during the 4th quarter. Eminence Capital LP now owns 5,779,805 shares of the company’s stock worth $56,238,000 after acquiring an additional 1,815,042 shares in the last quarter. Capital Research Global Investors increased its position in shares of Camping World by 12.8% in the 4th quarter. Capital Research Global Investors now owns 4,191,781 shares of the company’s stock worth $40,786,000 after purchasing an additional 476,135 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of Camping World by 94.9% in the 4th quarter. BNP Paribas Financial Markets now owns 1,522,570 shares of the company’s stock valued at $14,815,000 after purchasing an additional 741,263 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Camping World by 4.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,077,442 shares of the company’s stock valued at $7,358,000 after purchasing an additional 41,258 shares in the last quarter. Finally, RBF Capital LLC lifted its position in shares of Camping World by 68.1% during the fourth quarter. RBF Capital LLC now owns 440,078 shares of the company’s stock worth $4,282,000 after purchasing an additional 178,253 shares during the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

About Camping World

Camping World Holdings, Inc is a specialty retailer and service provider focused on the recreational vehicle (RV) industry. Through its Camping World dealership network, the company sells new and used motorhomes, travel trailers, fifth-wheel trailers and other RVs. It also provides financing and insurance-related products, subject to applicable regulations and third-party arrangements.

The company operates RV parts and accessories retail businesses and provides maintenance, repair, collision and other service offerings through locations across the United States.