Camping World (NYSE:CWH) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Camping World (NYSE:CWH) have been given an average rating of “Moderate Buy” by the eleven research firms that are currently covering the company, Marketbeat.com reports. One research analyst has 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 twelve-month target price among brokers that have covered the stock in the last year is $15.2222.

Several equities analysts have weighed in on CWH shares. Roth Mkm restated a “buy” rating and set a $16.00 price objective (down from $18.00) on shares of Camping World in a research note on Thursday, February 26th. Raymond James Financial set a $10.00 price objective on Camping World in a research note on Friday, May 1st. Weiss Ratings cut Camping World from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, May 11th. KeyCorp dropped their price objective on Camping World from $18.00 to $12.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th. Finally, Wall Street Zen upgraded Camping World from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd.

Camping World Price Performance

Shares of NYSE:CWH opened at $7.22 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.23 and a debt-to-equity ratio of 4.30. The stock’s fifty day simple moving average is $7.12 and its two-hundred day simple moving average is $9.28. Camping World has a 1-year low of $5.70 and a 1-year high of $19.64. The stock has a market cap of $743.57 million, a PE ratio of -4.85 and a beta of 2.05.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Wednesday, April 29th. The company reported ($0.21) earnings per share for the quarter, beating the consensus estimate of ($0.31) by $0.10. Camping World had a negative return on equity of 4.06% and a negative net margin of 1.49%.The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period last year, the business earned ($0.16) EPS. The business’s revenue was down 4.2% on a year-over-year basis. As a group, analysts forecast that Camping World will post 0.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Camping World

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Camping World by 3.3% in the 4th quarter. Vanguard Group Inc. now owns 6,021,036 shares of the company’s stock worth $58,585,000 after buying an additional 190,557 shares during the last quarter. Eminence Capital LP boosted its holdings in shares of Camping World by 45.8% in the 4th quarter. Eminence Capital LP now owns 5,779,805 shares of the company’s stock worth $56,238,000 after buying an additional 1,815,042 shares during the last quarter. Capital Research Global Investors boosted its holdings 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 buying an additional 476,135 shares during the last quarter. Balyasny Asset Management L.P. boosted its holdings in shares of Camping World by 18.0% in the 2nd quarter. Balyasny Asset Management L.P. now owns 3,221,271 shares of the company’s stock worth $55,374,000 after buying an additional 490,245 shares during the last quarter. Finally, State Street Corp boosted its holdings in shares of Camping World by 31.0% in the 4th quarter. State Street Corp now owns 1,974,266 shares of the company’s stock worth $19,210,000 after buying an additional 467,630 shares during the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

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.