Camping World Holdings, Inc. (NYSE:CWH) Receives Average Rating of “Hold” from Analysts


Camping World Holdings, Inc. (NYSE:CWH – Get Rating) has earned a consensus recommendation of “Hold” from the nine analysts that are currently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $32.83.

CWH has been the subject of several recent research reports. TheStreet upgraded shares of Camping World from a “c+” rating to a “b-” rating in a research note on Friday, August 12th. Raymond James lowered their target price on shares of Camping World from $36.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, November 3rd. Monness Crespi & Hardt upped their price target on shares of Camping World from $32.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th. JPMorgan Chase & Co. lowered their price target on shares of Camping World from $46.00 to $37.00 and set an “overweight” rating for the company in a research report on Thursday, November 3rd. Finally, Truist Financial lowered their price target on shares of Camping World from $30.00 to $25.00 and set a “hold” rating for the company in a research report on Friday, September 23rd.

Insider Buying and Selling at Camping World

In other Camping World news, CFO Karin L. Bell sold 16,953 shares of the company’s stock in a transaction dated Friday, September 16th. The shares were sold at an average price of $30.08, for a total transaction of $509,946.24. Following the completion of the sale, the chief financial officer now directly owns 105,898 shares of the company’s stock, valued at $3,185,411.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 47.50% of the company’s stock.

Hedge Funds Weigh In On Camping World

A number of large investors have recently made changes to their positions in the business. HG Vora Capital Management LLC acquired a new position in Camping World in the first quarter worth approximately $117,390,000. ExodusPoint Capital Management LP increased its holdings in Camping World by 1,558.7% in the third quarter. ExodusPoint Capital Management LP now owns 649,900 shares of the company’s stock worth $16,455,000 after buying an additional 610,718 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Camping World by 114.4% in the second quarter. JPMorgan Chase & Co. now owns 65,584 shares of the company’s stock worth $1,416,000 after buying an additional 519,850 shares during the last quarter. Adirondack Retirement Specialists Inc. increased its holdings in Camping World by 196.3% in the second quarter. Adirondack Retirement Specialists Inc. now owns 601,035 shares of the company’s stock worth $13,962,000 after buying an additional 398,192 shares during the last quarter. Finally, Stansberry Asset Management LLC increased its holdings in Camping World by 1,099.3% in the first quarter. Stansberry Asset Management LLC now owns 408,464 shares of the company’s stock worth $11,416,000 after buying an additional 374,406 shares during the last quarter. Institutional investors and hedge funds own 38.15% of the company’s stock.

Camping World Trading Up 1.7 %

NYSE CWH opened at $27.54 on Friday. The company’s fifty day simple moving average is $27.03 and its 200-day simple moving average is $27.10. Camping World has a 52 week low of $20.85 and a 52 week high of $46.77. The company has a current ratio of 1.42, a quick ratio of 0.25 and a debt-to-equity ratio of 4.40. The stock has a market cap of $2.30 billion, a P/E ratio of 6.07 and a beta of 2.60.

Camping World (NYSE:CWH – Get Rating) last posted its quarterly earnings results on Tuesday, November 1st. The company reported $0.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.19). The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.82 billion. Camping World had a net margin of 2.79% and a return on equity of 65.79%. Equities research analysts predict that Camping World will post 3.94 EPS for the current fiscal year.

Camping World Company Profile

(Get Rating)

Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs), and related products and services. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.

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