Camping World (NYSE:CWH) has been assigned a $52.00 price target by research analysts at Credit Suisse Group in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s price target suggests a potential upside of 24.49% from the company’s previous close.
A number of other research analysts have also recently weighed in on the stock. ValuEngine raised shares of Camping World from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research cut shares of Camping World from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. Monness Crespi & Hardt reaffirmed a “buy” rating and issued a $55.00 price objective (up previously from $47.00) on shares of Camping World in a report on Monday, January 29th. Northcoast Research assumed coverage on shares of Camping World in a report on Friday, January 26th. They issued a “buy” rating and a $56.00 price objective for the company. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Camping World in a report on Friday, December 22nd. One investment analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $47.92.
Camping World (CWH) traded up $0.48 on Wednesday, reaching $41.77. 667,100 shares of the company’s stock were exchanged, compared to its average volume of 492,199. Camping World has a one year low of $26.30 and a one year high of $47.62. The company has a quick ratio of 0.29, a current ratio of 1.29 and a debt-to-equity ratio of 2.74. The stock has a market capitalization of $3,570.00 and a PE ratio of 21.66.
In other news, insider Brent L. Moody sold 100,000 shares of the business’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $45.47, for a total transaction of $4,547,000.00. Following the completion of the sale, the insider now owns 193,494 shares of the company’s stock, valued at $8,798,172.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Roger L. Nuttall sold 33,555 shares of the business’s stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $45.78, for a total transaction of $1,536,147.90. Following the sale, the insider now directly owns 156,055 shares of the company’s stock, valued at approximately $7,144,197.90. The disclosure for this sale can be found here. 66.60% of the stock is owned by insiders.
Hedge funds have recently added to or reduced their stakes in the company. Meridian Investment Counsel Inc. purchased a new stake in shares of Camping World during the fourth quarter worth about $201,000. M&T Bank Corp purchased a new stake in shares of Camping World during the fourth quarter worth about $203,000. Jane Street Group LLC purchased a new stake in shares of Camping World during the fourth quarter worth about $216,000. Sawgrass Asset Management LLC purchased a new stake in shares of Camping World during the third quarter worth about $203,000. Finally, Caxton Associates LP purchased a new stake in shares of Camping World during the fourth quarter worth about $224,000. 36.43% of the stock is owned by institutional investors and hedge funds.
About Camping World
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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