Camping World (NYSE:CWH - Get Free Report) dropped 4.9% during trading on Tuesday . The stock traded as low as $7.13 and last traded at $7.1050. Approximately 970,581 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 2,997,115 shares. The stock had previously closed at $7.47.
Analyst Ratings Changes
Several brokerages have recently weighed in on CWH. Wall Street Zen cut Camping World from a "hold" rating to a "sell" rating in a research report on Saturday, February 28th. Monness Crespi & Hardt decreased their target price on shares of Camping World from $20.00 to $15.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. KeyCorp lowered their target price on shares of Camping World from $18.00 to $12.00 and set an "overweight" rating on the stock in a research note on Thursday, February 26th. Truist Financial cut their price target on shares of Camping World from $20.00 to $15.00 and set a "buy" rating for the company in a report on Monday, November 10th. Finally, Roth Mkm restated a "buy" rating and set a $16.00 price target (down from $18.00) on shares of Camping World in a research report on Thursday, February 26th. Nine research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Camping World has a consensus rating of "Moderate Buy" and an average price target of $15.80.
View Our Latest Report on Camping World
Camping World Price Performance
The business's 50 day moving average is $11.55 and its two-hundred day moving average is $13.05. The firm has a market capitalization of $727.59 million, a PE ratio of -4.93 and a beta of 2.15. The company has a debt-to-equity ratio of 4.14, a current ratio of 1.20 and a quick ratio of 0.23.
Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported ($0.73) EPS for the quarter, missing analysts' consensus estimates of ($0.63) by ($0.10). The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.16 billion. Camping World had a negative return on equity of 3.29% and a negative net margin of 1.41%.Camping World's quarterly revenue was down 2.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.47) EPS. As a group, research analysts anticipate that Camping World will post -0.66 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in CWH. Ameritas Investment Partners Inc. raised its position in Camping World by 11.0% during the second quarter. Ameritas Investment Partners Inc. now owns 6,154 shares of the company's stock valued at $106,000 after purchasing an additional 608 shares in the last quarter. AlphaQuest LLC boosted its holdings in shares of Camping World by 7.1% in the 3rd quarter. AlphaQuest LLC now owns 11,932 shares of the company's stock worth $188,000 after purchasing an additional 793 shares in the last quarter. Police & Firemen s Retirement System of New Jersey increased its position in shares of Camping World by 6.8% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 12,776 shares of the company's stock valued at $220,000 after purchasing an additional 812 shares during the last quarter. Pingora Partners LLC raised its holdings in shares of Camping World by 2.6% during the 2nd quarter. Pingora Partners LLC now owns 33,400 shares of the company's stock valued at $574,000 after buying an additional 850 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of Camping World by 0.4% during the 3rd quarter. UBS Group AG now owns 266,095 shares of the company's stock valued at $4,202,000 after buying an additional 982 shares in the last quarter. 52.54% of the stock is currently owned by hedge funds and other institutional investors.
Camping World Company Profile
(
Get Free Report)
Camping World Holdings, Inc NYSE: CWH is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.
Beyond RV sales and service, Camping World's offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.
Further Reading
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