Camping World (NYSE:CWH) Given New $20.00 Price Target at Monness Crespi & Hardt

Camping World (NYSE:CWH - Get Free Report) had its price target lowered by research analysts at Monness Crespi & Hardt from $30.00 to $20.00 in a research report issued to clients and investors on Thursday,Finviz reports. The brokerage currently has a "buy" rating on the stock. Monness Crespi & Hardt's price objective suggests a potential upside of 65.43% from the company's current price.

Several other analysts have also recently issued reports on the stock. Truist Financial cut their price target on shares of Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Baird R W lowered shares of Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. JPMorgan Chase & Co. upgraded Camping World from a "neutral" rating to an "overweight" rating and set a $21.00 price target for the company in a research note on Thursday. KeyCorp reduced their target price on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Robert W. Baird reiterated a "neutral" rating and issued a $18.00 price target (down from $28.00) on shares of Camping World in a report on Friday, April 4th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $22.00.

Camping World Stock Performance

NYSE:CWH opened at $12.09 on Thursday. The firm has a 50-day moving average of $15.56 and a two-hundred day moving average of $20.19. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The stock has a market cap of $1.23 billion, a P/E ratio of -17.52, a PEG ratio of 0.92 and a beta of 2.32. Camping World has a 1-year low of $11.17 and a 1-year high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) earnings per share for the quarter, beating analysts' consensus estimates of ($0.23) by $0.07. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter last year, the firm earned ($0.40) EPS. Camping World's quarterly revenue was up 3.6% on a year-over-year basis. On average, research analysts expect that Camping World will post -0.66 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, President Matthew D. Wagner purchased 5,725 shares of the stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the transaction, the president now owns 300,640 shares of the company's stock, valued at approximately $5,294,270.40. The trade was a 1.94 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 35.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Hood River Capital Management LLC acquired a new position in shares of Camping World during the fourth quarter worth approximately $62,142,000. Vanguard Group Inc. boosted its position in Camping World by 39.2% during the 4th quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock worth $122,003,000 after acquiring an additional 1,630,307 shares during the period. Alyeska Investment Group L.P. bought a new position in shares of Camping World in the fourth quarter worth $33,698,000. Interval Partners LP raised its stake in shares of Camping World by 71.8% during the fourth quarter. Interval Partners LP now owns 2,875,845 shares of the company's stock valued at $60,623,000 after purchasing an additional 1,202,258 shares in the last quarter. Finally, Capital Research Global Investors increased its stake in Camping World by 39.8% during the 4th quarter. Capital Research Global Investors now owns 3,422,710 shares of the company's stock valued at $72,151,000 after buying an additional 975,168 shares during the period. 52.54% of the stock is owned by institutional investors and hedge funds.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. 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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