Camping World (NYSE:CWH) Stock Has Average Price Target of $10.48 According to Analysts

Shares of Camping World (NYSE:CWH) have earned an average recommendation of “Moderate Buy” from the twelve ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $9.85.

A number of research analysts have weighed in on CWH shares. Bank of America reiterated a “buy” rating and issued a $14.00 target price on shares of Camping World in a research note on Friday, July 31st. Roth Capital restated a “buy” rating and set a $10.00 price target (down from $12.00) on shares of Camping World in a research note on Monday, September 28th. Robert W. Baird set a $7.00 price target on shares of Camping World in a report on Friday, July 31st. Citigroup cut shares of Camping World from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $7.00 to $5.00 in a report on Wednesday, November 4th. Finally, Zacks Research lowered Camping World from a “hold” rating to a “strong sell” rating in a report on Friday, October 16th.

Camping World Stock Up 1.9%

Shares of CWH opened at $4.68 on Tuesday. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.22 and a quick ratio of 0.30. The stock has a 50 day moving average price of $5.19 and a two-hundred day moving average price of $7.18. Camping World has a 52 week low of $3.96 and a 52 week high of $15.18.

Camping World (NYSE:CWH) last released its quarterly earnings results on Monday, November 2nd. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.33). The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Camping World had a negative return on equity of 17.74% and a negative net margin of 4.20%. The firm’s revenue for the quarter was down 12.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.43 earnings per share. On average, analysts forecast that Camping World will post -0.55 earnings per share for the current year.

Institutional Trading of Camping World

Several hedge funds have recently made changes to their positions in the company. Walleye Capital LLC grew its stake in shares of Camping World by 995.1% during the 1st quarter. Walleye Capital LLC now owns 447,737 shares of the company’s stock worth $3,058,000 after acquiring an additional 406,852 shares during the period. KBC Group NV bought a new stake in Camping World in the 1st quarter valued at about $2,003,000. WINTON GROUP Ltd bought a new stake in Camping World in the 2nd quarter valued at about $762,000. Y Intercept Hong Kong Ltd raised its stake in Camping World by 189.8% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 113,287 shares of the company’s stock valued at $774,000 after acquiring an additional 74,200 shares during the period. Finally, Sei Investments Co. lifted its holdings in Camping World by 44.7% during the first quarter. Sei Investments Co. now owns 208,795 shares of the company’s stock valued at $1,426,000 after purchasing an additional 64,495 shares during the last quarter. 52.54% of the stock is currently owned by institutional investors.

About Camping World

Camping World Holdings, Inc is a recreational vehicle retailer and service provider operating under the Camping World brand. The company sells new and used motorized and towable recreational vehicles, including motorhomes, travel trailers and fifth-wheel trailers, serving consumers across the United States.

In addition to vehicle sales, Camping World provides related products and services through its dealership network. These offerings include RV parts and accessories, maintenance and repair services, vehicle financing and insurance products, and other ownership-related services.