Camping World (NYSE:CWH) Receives Consensus Rating of “Moderate Buy” from Brokerages

Camping World (NYSE:CWH) has been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $15.2222.

Several research analysts have recently commented on the company. Monness Crespi & Hardt decreased their price objective on Camping World from $20.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Wall Street Zen raised Camping World from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. Raymond James Financial set a $10.00 price objective on Camping World in a research note on Friday, May 1st. KeyCorp dropped their price objective on Camping World from $18.00 to $12.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. Finally, Roth Mkm restated a “buy” rating and issued a $16.00 price objective (down from $18.00) on shares of Camping World in a research report on Thursday, February 26th.

Hedge Funds Weigh In On Camping World

A number of hedge funds have recently modified their holdings of the company. Capital Research Global Investors lifted its holdings in Camping World by 15.5% in the 3rd quarter. Capital Research Global Investors now owns 3,715,646 shares of the company’s stock worth $58,670,000 after buying an additional 499,999 shares during the period. Royce & Associates LP purchased a new stake in Camping World in the 3rd quarter worth approximately $6,663,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Camping World by 42.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 390,853 shares of the company’s stock worth $5,945,000 after buying an additional 117,138 shares during the period. SG Americas Securities LLC increased its position in Camping World by 264.6% during the 3rd quarter. SG Americas Securities LLC now owns 55,034 shares of the company’s stock valued at $869,000 after purchasing an additional 39,939 shares during the period. Finally, Burney Co. increased its position in Camping World by 107.8% during the 4th quarter. Burney Co. now owns 201,614 shares of the company’s stock valued at $1,962,000 after purchasing an additional 104,569 shares during the period. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Trading Up 5.3%

Shares of CWH opened at $6.98 on Tuesday. The firm’s 50 day simple moving average is $6.92 and its 200 day simple moving average is $9.79. The company has a market capitalization of $719.28 million, a P/E ratio of -4.69 and a beta of 2.11. The company has a debt-to-equity ratio of 4.30, a current ratio of 1.17 and a quick ratio of 0.23. Camping World has a 1-year low of $5.70 and a 1-year high of $19.64.

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

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.