Camping World (NYSE:CWH) Receives $11.66 Average PT from Brokerages

Shares of Camping World (NYSE:CWH) have been given a consensus rating of “Moderate Buy” by the twelve ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $11.5682.

A number of brokerages have recently issued reports on CWH. Roth Capital set a $12.00 price objective on shares of Camping World in a report on Monday, August 3rd. Truist Financial lowered their target price on shares of Camping World from $14.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, September 10th. KeyCorp dropped their price target on shares of Camping World from $12.00 to $9.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. JPMorgan Chase & Co. cut their price target on Camping World from $16.00 to $11.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. Finally, Citigroup lowered their price objective on Camping World from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Wednesday, September 16th.

Institutional Investors Weigh In On Camping World

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. WINTON GROUP Ltd bought a new position in Camping World during the 2nd quarter valued at $762,000. Allworth Financial LP grew its position in Camping World by 777.1% in the 2nd quarter. Allworth Financial LP now owns 3,219 shares of the company’s stock worth $25,000 after purchasing an additional 2,852 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Camping World in the second quarter valued at approximately $28,000. Essential Partners LLC bought a new position in Camping World in the 1st quarter valued at $69,000. Finally, Royal Bank of Canada increased its holdings in Camping World by 99.8% during the first quarter. Royal Bank of Canada now owns 29,387 shares of the company’s stock worth $201,000 after buying an additional 14,679 shares during the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

Camping World Stock Up 0.1%

CWH stock opened at $5.60 on Monday. The stock’s 50 day simple moving average is $6.30 and its 200 day simple moving average is $6.82. The company has a market cap of $578.84 million, a P/E ratio of -3.62 and a beta of 2.07. The company has a debt-to-equity ratio of 3.77, a quick ratio of 0.30 and a current ratio of 1.22. Camping World has a fifty-two week low of $5.49 and a fifty-two week high of $17.97.

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

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.