Camping World (NYSE:CWH) Given New $15.00 Price Target at Monness Crespi & Hardt

Camping World (NYSE:CWH) had its target price lowered by equities research analysts at Monness Crespi & Hardt from $20.00 to $15.00 in a report released on Thursday. The brokerage presently has a “buy” rating on the stock. Monness Crespi & Hardt’s price objective indicates a potential upside of 65.02% from the company’s current price.

A number of other analysts also recently issued reports on CWH. Citigroup dropped their target price on shares of Camping World from $22.00 to $18.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Raymond James Financial cut their price objective on Camping World from $18.00 to $15.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. JPMorgan Chase & Co. decreased their target price on Camping World from $22.00 to $19.00 and set an “overweight” rating for the company in a research report on Monday, November 3rd. KeyCorp lowered their target price on Camping World from $21.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Finally, Wall Street Zen raised Camping World from a “sell” rating to a “hold” rating in a research report on Sunday, February 8th. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.11.

Camping World Price Performance

Shares of NYSE:CWH opened at $9.09 on Thursday. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.27 and a current ratio of 1.26. The business’s fifty day moving average price is $11.90 and its two-hundred day moving average price is $13.59. The stock has a market cap of $929.82 million, a PE ratio of -6.31 and a beta of 2.08. Camping World has a one year low of $8.12 and a one year high of $21.30.

Camping World (NYSE:CWH) last issued its quarterly earnings results on Tuesday, February 24th. The company reported ($0.73) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.63) by ($0.10). The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Camping World had a negative return on equity of 3.09% and a negative net margin of 1.41%.The company’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.47) EPS. On average, analysts forecast that Camping World will post -0.66 EPS for the current fiscal year.

Hedge Funds Weigh In On Camping World

A number of large investors have recently bought and sold shares of the business. Quarry LP lifted its stake in shares of Camping World by 2,275.8% in the 3rd quarter. Quarry LP now owns 1,568 shares of the company’s stock worth $25,000 after acquiring an additional 1,502 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Camping World during the fourth quarter valued at approximately $25,000. State of Wyoming bought a new stake in Camping World during the third quarter worth approximately $43,000. Aster Capital Management DIFC Ltd acquired a new stake in Camping World in the third quarter worth approximately $83,000. Finally, Russell Investments Group Ltd. lifted its position in Camping World by 923.8% in the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock worth $87,000 after purchasing an additional 4,998 shares during the period. Institutional investors own 52.54% of the company’s stock.

Camping World Company Profile

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.