Camping World (NYSE:CWH) Raised to Overweight at JPMorgan Chase & Co.

Camping World (NYSE:CWH - Get Free Report) was upgraded by research analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a research report issued to clients and investors on Thursday,Finviz reports. The brokerage presently has a $21.00 price target on the stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 73.70% from the company's current price.

A number of other research analysts have also commented on CWH. KeyCorp decreased their price target on shares of Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Baird R W downgraded Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Truist Financial decreased their price objective on shares of Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Robert W. Baird reaffirmed a "neutral" rating and issued a $18.00 price objective (down from $28.00) on shares of Camping World in a research note on Friday, April 4th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $22.00.

Camping World Stock Performance

Shares of Camping World stock opened at $12.09 on Thursday. Camping World has a 12 month low of $11.17 and a 12 month high of $25.97. 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 $1.23 billion, a PE ratio of -17.52, a PEG ratio of 0.92 and a beta of 2.32. The stock's fifty day simple moving average is $15.56 and its 200 day simple moving average is $20.19.

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

Insider Activity

In related news, President Matthew D. Wagner acquired 5,725 shares of the company's stock in a transaction on Tuesday, March 4th. The shares were acquired at an average cost 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 approximately $5,294,270.40. The trade was a 1.94 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 35.60% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Blue Trust Inc. grew its stake in shares of Camping World by 195.0% during the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after acquiring an additional 1,014 shares during the period. Byrne Asset Management LLC bought a new stake in Camping World during the 1st quarter worth approximately $44,000. Mpwm Advisory Solutions LLC purchased a new position in Camping World during the fourth quarter worth about $63,000. Sandia Investment Management LP bought a new stake in shares of Camping World during the 4th quarter valued at about $105,000. Finally, Summit Investment Advisors Inc. grew its holdings in shares of Camping World by 33.4% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock worth $117,000 after purchasing an additional 1,390 shares in the last quarter. Institutional investors own 52.54% of the company's stock.

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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