Camping World (NYSE:CWH) Price Target Raised to $18.00 at KeyCorp

Camping World (NYSE:CWH - Get Free Report) had its price target increased by investment analysts at KeyCorp from $16.00 to $18.00 in a research note issued on Friday,Benzinga reports. The firm currently has an "overweight" rating on the stock. KeyCorp's target price points to a potential upside of 14.13% from the company's current price.

Several other equities analysts also recently commented on CWH. Baird R W downgraded 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 dropped their target price for the company from $23.00 to $21.00 in a report on Thursday, May 1st. Citigroup increased their target price on shares of Camping World from $16.00 to $21.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Monness Crespi & Hardt reduced their target price on Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Finally, Truist Financial cut their price target on Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $21.78.

Camping World Price Performance

NYSE CWH traded down $0.08 during midday trading on Friday, hitting $15.77. The company had a trading volume of 103,645 shares, compared to its average volume of 1,530,720. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The company has a market capitalization of $1.61 billion, a PE ratio of -22.89, a P/E/G ratio of 0.92 and a beta of 2.13. The firm has a 50-day moving average price of $14.65 and a 200-day moving average price of $19.46. Camping World has a twelve month low of $11.17 and a twelve month high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.07. The firm had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The company's revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.40) EPS. As a group, analysts anticipate that Camping World will post -0.66 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, President Matthew D. Wagner bought 5,725 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the purchase, the president now owns 300,640 shares in the company, valued at $5,294,270.40. This represents a 1.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 35.60% of the company's stock.

Hedge Funds Weigh In On Camping World

Several large investors have recently made changes to their positions in the business. Blue Trust Inc. lifted its holdings in Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after purchasing an additional 1,014 shares in the last quarter. Byrne Asset Management LLC bought a new stake in shares of Camping World during the first quarter valued at approximately $44,000. Mpwm Advisory Solutions LLC purchased a new position in shares of Camping World in the fourth quarter worth $63,000. US Bancorp DE bought a new position in shares of Camping World during the first quarter worth $72,000. Finally, Sandia Investment Management LP bought a new position in shares of Camping World during the fourth quarter worth $105,000. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Company Profile

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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