Brokerages Set Camping World (NYSE:CWH) Target Price at $14.33

Camping World (NYSE:CWH) has earned an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $14.3333.

CWH has been the topic of a number of recent research reports. Wall Street Zen cut Camping World from a “hold” rating to a “sell” rating in a report on Sunday. Truist Financial lowered their price objective 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. Raymond James Financial set a $10.00 price objective on shares of Camping World in a report on Friday, May 1st. Zacks Research raised shares of Camping World from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Citigroup reduced their price objective on shares of Camping World from $12.00 to $10.00 and set a “buy” rating for the company in a report on Friday.

Camping World Stock Up 1.9%

Shares of NYSE:CWH opened at $6.24 on Friday. 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 has a 52-week low of $5.49 and a 52-week high of $18.34. The business’s 50 day simple moving average is $7.02 and its two-hundred day simple moving average is $8.42. The firm has a market cap of $642.14 million, a P/E ratio of -4.18 and a beta of 2.04.

Camping World (NYSE:CWH) last released its quarterly earnings data on Wednesday, April 29th. The company reported ($0.21) EPS 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 firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the company posted ($0.16) earnings per share. The company’s quarterly revenue was down 4.2% on a year-over-year basis. As a group, research analysts forecast that Camping World will post 0.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Camping World

Several large investors have recently added to or reduced their stakes in CWH. Caitong International Asset Management Co. Ltd bought a new stake in Camping World during the 4th quarter worth approximately $25,000. Quarry LP lifted its holdings in shares of Camping World by 2,275.8% in the third quarter. Quarry LP now owns 1,568 shares of the company’s stock valued at $25,000 after purchasing an additional 1,502 shares in the last quarter. Essential Partners LLC purchased a new position in shares of Camping World during the first quarter valued at approximately $69,000. Russell Investments Group Ltd. boosted its position in shares of Camping World by 923.8% during the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock valued at $87,000 after buying an additional 4,998 shares during the last quarter. Finally, MGO One Seven LLC bought a new stake in Camping World during the fourth quarter worth $107,000. Institutional investors own 52.54% of the company’s stock.

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.