Camping World (NYSE:CWH) Coverage Initiated at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of Camping World (NYSE:CWH – Get Rating) in a note issued to investors on Thursday. The firm set a “hold” rating on the stock.

Other equities research analysts have also recently issued reports about the company. TheStreet cut Camping World from a “b-” rating to a “c” rating in a research note on Tuesday, February 21st. Raymond James cut their price target on Camping World from $30.00 to $28.00 and set an “outperform” rating for the company in a research note on Thursday, February 23rd. BMO Capital Markets cut their price target on Camping World from $30.00 to $26.00 and set a “market perform” rating for the company in a research note on Thursday, February 23rd. Finally, Stephens reiterated an “overweight” rating and set a $31.00 price target on shares of Camping World in a research note on Wednesday, February 22nd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Camping World currently has a consensus rating of “Moderate Buy” and an average target price of $30.29.

Camping World Price Performance

Shares of NYSE CWH opened at $20.18 on Thursday. The stock’s 50-day moving average is $24.04 and its two-hundred day moving average is $25.41. Camping World has a 1-year low of $20.01 and a 1-year high of $33.99. The company has a debt-to-equity ratio of 6.46, a current ratio of 1.33 and a quick ratio of 0.19. The company has a market cap of $1.69 billion, a price-to-earnings ratio of 6.29 and a beta of 2.61.

Camping World (NYSE:CWH – Get Rating) last released its earnings results on Tuesday, February 21st. The company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.18). The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. Camping World had a return on equity of 53.93% and a net margin of 1.97%. Analysts forecast that Camping World will post 1.16 EPS for the current fiscal year.

Institutional Investors Weigh In On Camping World

Several large investors have recently added to or reduced their stakes in CWH. Raymond James & Associates boosted its stake in Camping World by 5.2% during the first quarter. Raymond James & Associates now owns 49,959 shares of the company’s stock valued at $1,396,000 after buying an additional 2,448 shares during the period. Bank of New York Mellon Corp boosted its stake in Camping World by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 525,929 shares of the company’s stock valued at $14,700,000 after buying an additional 17,443 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in Camping World by 63.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 45,766 shares of the company’s stock valued at $1,279,000 after acquiring an additional 17,848 shares during the last quarter. MetLife Investment Management LLC increased its stake in Camping World by 51.1% in the first quarter. MetLife Investment Management LLC now owns 23,224 shares of the company’s stock valued at $649,000 after acquiring an additional 7,855 shares during the last quarter. Finally, Great West Life Assurance Co. Can increased its stake in Camping World by 12,962.0% in the first quarter. Great West Life Assurance Co. Can now owns 369,786 shares of the company’s stock valued at $10,318,000 after acquiring an additional 366,955 shares during the last quarter. Institutional investors own 36.92% of the company’s stock.

About Camping World

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Camping World Holdings, Inc operates as a retailer of recreational vehicles (RV) and related products and services. It operates through the following segments: Good Sam Services & Plans, and RV & Outdoor Retail. The Good Sam Services & Plans segment consists of programs, plans, and services that are geared towards protecting, insuring, and promoting the RV lifestyle.