Camping World (NYSE:CWH) Stock Has Consensus Price Target of $11.11 According to Analysts

Shares of Camping World (NYSE:CWH) have received a consensus rating of “Moderate Buy” from the twelve ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $11.02.

CWH has been the topic of a number of research reports. Roth Capital reaffirmed a “buy” rating and issued a $10.00 price target (down from $12.00) on shares of Camping World in a research note on Monday, September 28th. Bank of America reiterated a “buy” rating and issued a $14.00 price objective on shares of Camping World in a report on Friday, July 31st. Wall Street Zen upgraded Camping World from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Robert W. Baird set a $7.00 price objective on Camping World in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. reduced their target price on Camping World from $11.00 to $9.00 and set an “overweight” rating for the company in a report on Tuesday, October 6th.

Institutional Trading of Camping World

Several large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in Camping World in the 4th quarter valued at $25,000. Allworth Financial LP boosted its stake in Camping World by 777.1% during the 2nd quarter. Allworth Financial LP now owns 3,219 shares of the company’s stock worth $25,000 after purchasing an additional 2,852 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Camping World during the 2nd quarter worth $28,000. Essential Partners LLC acquired a new stake in Camping World during the 1st quarter worth $69,000. Finally, World Investment Advisors boosted its stake in Camping World by 10.2% during the 1st quarter. World Investment Advisors now owns 22,443 shares of the company’s stock worth $153,000 after purchasing an additional 2,078 shares during the last quarter. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Trading Down 1.9%

Shares of NYSE CWH opened at $4.46 on Friday. The firm has a fifty day moving average of $5.88 and a 200 day moving average of $6.60. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.22 and a quick ratio of 0.30. Camping World has a one year low of $3.96 and a one year high of $17.15.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.57 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.57. The company had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.99 billion. Camping World had a negative net margin of 1.55% and a negative return on equity of 3.52%. The firm’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.57 earnings per share. As a group, analysts forecast that Camping World will post 0.02 EPS for the current fiscal year.

About Camping World

Camping World Holdings, Inc is a recreational-vehicle retailer and service provider operating under the Camping World and Good Sam brands. The company sells new and used motorhomes, travel trailers, fifth wheels and other recreational vehicles, along with related parts, accessories and outdoor products.

Its operations also include RV maintenance and repair, collision services, installation and other support services. Camping World offers financing and insurance products through third-party and affiliated arrangements, while the Good Sam business provides memberships, roadside assistance, insurance, travel-related services and access to campgrounds and other RV resources.

Camping World serves customers primarily throughout the United States through a network of retail, service and dealership locations.