Camping World (NYSE:CWH) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Camping World (NYSE:CWH) from a sell rating to a hold rating in a research report report published on Saturday.

Other analysts have also issued research reports about the stock. Zacks Research upgraded shares of Camping World from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Weiss Ratings downgraded shares of Camping World from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, May 11th. Truist Financial lowered their price target on shares of Camping World from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, April 9th. Finally, Raymond James Financial set a $10.00 price target on Camping World in a research report on Friday, May 1st. Nine analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.22.

Camping World Trading Down 2.7%

Shares of NYSE:CWH opened at $6.01 on Friday. The company has a quick ratio of 0.23, a current ratio of 1.17 and a debt-to-equity ratio of 4.30. Camping World has a 52-week low of $5.70 and a 52-week high of $19.38. The stock has a market cap of $619.48 million, a price-to-earnings ratio of -4.04 and a beta of 2.04. The business has a 50-day moving average price of $7.12 and a 200-day moving average price of $8.60.

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Eminence Capital LP lifted its position in shares of Camping World by 45.8% during the 4th quarter. Eminence Capital LP now owns 5,779,805 shares of the company’s stock valued at $56,238,000 after buying an additional 1,815,042 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Camping World by 86.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,970,543 shares of the company’s stock valued at $19,173,000 after purchasing an additional 914,421 shares during the period. Bank of America Corp DE grew its position in shares of Camping World by 128.1% in the third quarter. Bank of America Corp DE now owns 1,345,777 shares of the company’s stock valued at $21,250,000 after purchasing an additional 755,665 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Camping World by 94.9% during the fourth quarter. BNP Paribas Financial Markets now owns 1,522,570 shares of the company’s stock worth $14,815,000 after purchasing an additional 741,263 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its position in shares of Camping World by 18.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 3,221,271 shares of the company’s stock worth $55,374,000 after purchasing an additional 490,245 shares during the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

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.