Camping World (NYSE:CWH) Upgraded by JPMorgan Chase & Co. to Overweight Rating

Camping World (NYSE:CWH - Get Free Report) was upgraded by stock analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating in a research note issued on Thursday, MarketBeat Ratings reports. The firm currently has a $21.00 target price on the stock, down from their previous target price of $23.00. JPMorgan Chase & Co.'s target price would suggest a potential upside of 53.55% from the stock's current price.

CWH has been the topic of several other reports. Robert W. Baird reaffirmed a "neutral" rating and issued a $18.00 price target (down from $28.00) on shares of Camping World in a research note on Friday, April 4th. Truist Financial cut their price objective 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 downgraded Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Finally, KeyCorp reduced their price target on Camping World from $22.00 to $16.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $21.63.

Camping World Trading Down 2.0 %

Shares of CWH stock traded down $0.28 during mid-day trading on Thursday, reaching $13.68. The stock had a trading volume of 2,682,165 shares, compared to its average volume of 1,415,910. Camping World has a 52-week low of $11.17 and a 52-week 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 stock's 50-day moving average price is $15.14 and its two-hundred day moving average price is $19.93. The firm has a market capitalization of $1.40 billion, a PE ratio of -19.83, a price-to-earnings-growth ratio of 0.92 and a beta of 2.13.

Camping World (NYSE:CWH - Get Free Report) last announced its earnings results 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. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates 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 for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.40) EPS. Equities analysts expect that Camping World will post -0.66 earnings per share for the current fiscal year.

Insider Transactions at Camping World

In related news, President Matthew D. Wagner purchased 5,725 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the transaction, the president now directly 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 transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 35.60% of the company's stock.

Institutional Inflows and Outflows

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

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.