Camping World (NYSE:CWH) Stock Rating Upgraded by Wall Street Zen

Camping World (NYSE:CWHGet Free Report) was upgraded by stock analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a note issued to investors on Saturday.

A number of other research firms also recently issued reports on CWH. BMO Capital Markets cut their price objective on shares of Camping World from $22.00 to $16.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. KeyCorp cut their price objective on shares of Camping World from $18.00 to $12.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Monness Crespi & Hardt cut their price objective on shares of Camping World from $20.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Roth Mkm reissued a “buy” rating and issued a $16.00 price objective (down from $18.00) on shares of Camping World in a report on Thursday, February 26th. Finally, Truist Financial cut their price objective on shares of Camping World from $15.00 to $14.00 and set a “buy” rating for the company in a report on Thursday, April 9th. Nine investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.22.

Check Out Our Latest Stock Report on Camping World

Camping World Stock Down 0.4%

Shares of CWH opened at $7.73 on Friday. Camping World has a 52 week low of $5.70 and a 52 week high of $19.64. The firm has a market cap of $796.32 million, a P/E ratio of -5.19 and a beta of 2.11. The firm’s 50-day simple moving average is $7.34 and its 200 day simple moving average is $10.41. The company has a debt-to-equity ratio of 4.30, a quick ratio of 0.23 and a current ratio of 1.17.

Camping World (NYSE:CWHGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.10. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.41 billion. Camping World had a negative net margin of 1.49% and a negative return on equity of 4.06%. The business’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.16) EPS. On average, analysts forecast that Camping World will post 0.36 earnings per share for the current year.

Hedge Funds Weigh In On Camping World

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP increased its position in Camping World by 2,275.8% during the 3rd quarter. Quarry LP now owns 1,568 shares of the company’s stock worth $25,000 after purchasing an additional 1,502 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Camping World during the 4th quarter worth approximately $25,000. State of Wyoming acquired a new position in Camping World during the 3rd quarter worth approximately $43,000. Aster Capital Management DIFC Ltd acquired a new position in Camping World during the 3rd quarter worth approximately $83,000. Finally, Russell Investments Group Ltd. increased its position in Camping World by 923.8% during the 3rd 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 in the last quarter. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Key Camping World News

Here are the key news stories impacting Camping World this week:

Camping World Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Camping World (NYSE:CWH)

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