Camping World (NYSE:CWH) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Camping World has a consensus analyst rating of “Moderate Buy”, based on coverage from 11 analysts. Nine rate it a buy, while one rates it a sell and one a hold, with an average 12-month price target of about $14.33.
• Several firms recently adjusted their views on the stock, including Citigroup cutting its price target to $10 and Truist Financial lowering its target to $14, while other firms issued mixed upgrades and downgrades.
• The stock was trading near $5.72, close to its 52-week low of $5.49, and the company reported a smaller-than-expected quarterly loss of $0.21 per share on revenue of $1.35 billion, which still missed sales estimates.

Camping World (NYSE:CWH - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eleven analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $14.3333.

A number of research firms have weighed in on CWH. Citigroup dropped their price target on shares of Camping World from $12.00 to $10.00 and set a "buy" rating for the company in a research report on Friday. Truist Financial decreased their price objective on shares of Camping World from $15.00 to $14.00 and set a "buy" rating on the stock in a research report on Thursday, April 9th. Zacks Research upgraded shares of Camping World from a "strong sell" rating to a "hold" rating in a research note on Monday, April 27th. Wall Street Zen downgraded shares of Camping World from a "hold" rating to a "sell" rating in a report on Sunday. Finally, Weiss Ratings lowered Camping World from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Monday, May 11th.

Hedge Funds Weigh In On Camping World

A number of hedge funds have recently made changes to their positions in the business. Walleye Capital LLC lifted its holdings in Camping World by 995.1% in the 1st quarter. Walleye Capital LLC now owns 447,737 shares of the company's stock worth $3,058,000 after purchasing an additional 406,852 shares in the last quarter. Burney Co. boosted its stake in Camping World by 107.8% in the 4th quarter. Burney Co. now owns 201,614 shares of the company's stock worth $1,962,000 after purchasing an additional 104,569 shares during the period. GSA Capital Partners LLP purchased a new stake in Camping World during the 4th quarter valued at approximately $898,000. KBC Group NV purchased a new stake in Camping World during the 1st quarter valued at approximately $2,003,000. Finally, Vanguard Group Inc. raised its position in shares of Camping World by 3.3% during the fourth quarter. Vanguard Group Inc. now owns 6,021,036 shares of the company's stock valued at $58,585,000 after buying an additional 190,557 shares during the last quarter. Institutional investors own 52.54% of the company's stock.

Camping World Stock Up 1.7%

CWH stock opened at $5.72 on Friday. The business's 50-day moving average price is $7.05 and its 200-day moving average price is $8.50. The stock has a market cap of $589.62 million, a P/E ratio of -3.84 and a beta of 2.04. The company has a quick ratio of 0.23, a current ratio of 1.17 and a debt-to-equity ratio of 4.30. Camping World has a twelve month low of $5.49 and a twelve month high of $18.44.

Camping World (NYSE:CWH - Get Free Report) last released 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. Camping World had a negative net margin of 1.49% and a negative return on equity of 4.06%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the firm posted ($0.16) EPS. The firm's quarterly revenue was down 4.2% compared to the same quarter last year. On average, equities research analysts forecast that Camping World will post 0.33 EPS for the current 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.

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