Camping World (NYSE:CWH) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Camping World (NYSE:CWH) has received a consensus rating of “Moderate Buy” from ten analysts, with an average 12-month price target of $21.78.
• The company's latest quarterly earnings report revealed an EPS of $0.57, slightly missing the consensus estimate, although revenue increased by 9.4% year-over-year.
• Institutional investors hold 52.54% of Camping World’s stock, with several firms recently buying new positions, indicating a growing interest in the company.

Camping World (NYSE:CWH - Get Free Report) has received a consensus rating of "Moderate Buy" from the ten analysts that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $21.7778.

Several brokerages have recently commented on CWH. Truist Financial upped their price objective on shares of Camping World from $16.00 to $20.00 and gave the company a "buy" rating in a research note on Tuesday, June 3rd. KeyCorp upped their price objective on shares of Camping World from $18.00 to $21.00 and gave the company an "overweight" rating in a research note on Thursday, August 14th. Raymond James Financial lowered their price objective on shares of Camping World from $20.00 to $18.00 and set an "outperform" rating for the company in a research note on Thursday, July 31st. Finally, Citigroup reaffirmed a "buy" rating and set a $23.00 price objective (up from $21.00) on shares of Camping World in a research note on Monday, June 16th.

Camping World Stock Performance

NYSE CWH opened at $17.26 on Thursday. The company has a 50-day simple moving average of $17.23 and a two-hundred day simple moving average of $16.68. The company has a quick ratio of 0.24, a current ratio of 1.26 and a debt-to-equity ratio of 3.12. Camping World has a 12-month low of $11.17 and a 12-month high of $25.97. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of -86.31 and a beta of 1.92.

Camping World (NYSE:CWH - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.01). The firm had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.87 billion. Camping World had a negative net margin of 0.13% and a negative return on equity of 2.81%. The business's revenue was up 9.4% on a year-over-year basis. During the same period last year, the company posted $0.38 earnings per share. On average, equities analysts forecast that Camping World will post -0.66 EPS for the current year.

Hedge Funds Weigh In On Camping World

A number of institutional investors have recently bought and sold shares of CWH. Byrne Asset Management LLC bought a new position in Camping World in the first quarter worth about $44,000. Mpwm Advisory Solutions LLC bought a new position in Camping World in the fourth quarter worth about $63,000. US Bancorp DE bought a new position in Camping World in the first quarter worth about $72,000. Sandia Investment Management LP bought a new position in Camping World in the fourth quarter worth about $105,000. Finally, Ameritas Investment Partners Inc. grew its holdings in Camping World by 11.0% in the second quarter. Ameritas Investment Partners Inc. now owns 6,154 shares of the company's stock worth $106,000 after purchasing an additional 608 shares during the period. 52.54% of the stock is owned by 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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