Scout Investments Inc. increased its position in Camping World (NYSE:CWH) by 13.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 82,512 shares of the company’s stock after purchasing an additional 9,625 shares during the quarter. Scout Investments Inc. owned approximately 0.09% of Camping World worth $2,661,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its stake in shares of Camping World by 206.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 89,192 shares of the company’s stock valued at $3,990,000 after purchasing an additional 60,109 shares during the period. Geode Capital Management LLC lifted its stake in shares of Camping World by 46.9% in the 4th quarter. Geode Capital Management LLC now owns 250,705 shares of the company’s stock valued at $11,214,000 after purchasing an additional 80,033 shares during the period. Schwab Charles Investment Management Inc. raised its stake in Camping World by 39.7% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 149,329 shares of the company’s stock valued at $6,680,000 after buying an additional 42,426 shares during the last quarter. Deutsche Bank AG raised its stake in Camping World by 83.3% during the fourth quarter. Deutsche Bank AG now owns 584,591 shares of the company’s stock valued at $26,146,000 after buying an additional 265,622 shares during the last quarter. Finally, BlackRock Inc. raised its stake in Camping World by 36.3% during the fourth quarter. BlackRock Inc. now owns 1,885,609 shares of the company’s stock valued at $84,344,000 after buying an additional 502,212 shares during the last quarter. Institutional investors own 44.11% of the company’s stock.
A number of research analysts have issued reports on CWH shares. ValuEngine cut Camping World from a “strong-buy” rating to a “buy” rating in a research note on Thursday, April 12th. Zacks Investment Research upgraded Camping World from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research note on Monday, January 29th. Monness Crespi & Hardt reiterated a “buy” rating and set a $55.00 price objective (up previously from $47.00) on shares of Camping World in a research note on Monday, January 29th. Northcoast Research started coverage on Camping World in a research note on Friday, January 26th. They set a “buy” rating and a $56.00 price objective for the company. Finally, KeyCorp set a $52.00 price objective on Camping World and gave the company a “buy” rating in a research note on Wednesday, February 28th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $42.92.
In other Camping World news, Director Kent Dillon Schickli bought 25,000 shares of Camping World stock in a transaction on Thursday, May 24th. The stock was acquired at an average price of $19.96 per share, with a total value of $499,000.00. Following the acquisition, the director now owns 37,974 shares in the company, valued at $757,961.04. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Andris A. Baltins bought 5,000 shares of Camping World stock in a transaction on Wednesday, May 16th. The stock was acquired at an average cost of $21.70 per share, with a total value of $108,500.00. The disclosure for this purchase can be found here. In the last three months, insiders acquired 48,000 shares of company stock valued at $997,280. Corporate insiders own 49.20% of the company’s stock.
Camping World opened at $20.06 on Friday, MarketBeat.com reports. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 8.78, a price-to-earnings-growth ratio of 0.54 and a beta of 2.97. Camping World has a 12 month low of $18.65 and a 12 month high of $47.62. The company has a debt-to-equity ratio of 13.09, a current ratio of 1.47 and a quick ratio of 0.38.
Camping World (NYSE:CWH) last posted its earnings results on Tuesday, May 8th. The company reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. Camping World had a positive return on equity of 165.19% and a negative net margin of 0.50%. The firm’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.38 EPS. equities research analysts forecast that Camping World will post 2.85 earnings per share for the current year.
About Camping World
Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co-branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories.
Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.