Camping World (NYSE:CWH) Stock Price Down 5.7% - Time to Sell?

Key Points

• Shares fell 5.7% to about $7.06 on Monday with only ~356,094 shares trading (an 89% drop versus average volume), widening the gap from recent moving averages.
• Latest quarterly results showed a missed EPS of ($0.73) vs. ($0.63) expected, revenue of $1.17 billion (down 2.6% year-over-year), negative net margin and high leverage (debt-to-equity 4.14), signaling continued operational strain.
• Analyst sentiment is mixed: MarketBeat shows a consensus of "Moderate Buy" with a $15.70 target, but several firms have cut ratings/targets (including a Zacks downgrade to "strong sell" and KeyCorp lowering its target to $12).

Camping World (NYSE:CWH - Get Free Report)'s share price dropped 5.7% on Monday . The company traded as low as $7.08 and last traded at $7.0560. Approximately 356,094 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 3,164,837 shares. The stock had previously closed at $7.48.

Analyst Ratings Changes

Several equities research analysts have issued reports on CWH shares. Zacks Research downgraded Camping World from a "hold" rating to a "strong sell" rating in a research report on Friday, February 27th. Truist Financial decreased their price objective on Camping World from $15.00 to $14.00 and set a "buy" rating on the stock in a research note on Thursday, April 9th. Weiss Ratings reissued a "sell (d)" rating on shares of Camping World in a report on Monday, December 29th. Roth Mkm reaffirmed a "buy" rating and set a $16.00 target price (down from $18.00) on shares of Camping World in a report on Thursday, February 26th. Finally, KeyCorp decreased their price target on Camping World from $18.00 to $12.00 and set an "overweight" rating on the stock in a research report on Thursday, February 26th. Nine analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Camping World currently has a consensus rating of "Moderate Buy" and a consensus target price of $15.70.

Camping World Stock Down 5.1%

The company has a market cap of $731.43 million, a P/E ratio of -4.93 and a beta of 2.14. The company has a 50 day moving average of $7.71 and a 200-day moving average of $10.63. 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 announced its earnings results on Tuesday, February 24th. The company reported ($0.73) earnings per share for the quarter, missing analysts' consensus estimates of ($0.63) by ($0.10). The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate 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 revenue was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.47) earnings per share. On average, equities analysts predict that Camping World will post 0.36 earnings per share for the current year.

Hedge Funds Weigh In On Camping World

A number of institutional investors have recently made changes to their positions in CWH. Quarry LP lifted its holdings in shares of Camping World by 2,275.8% during the 3rd quarter. Quarry LP now owns 1,568 shares of the company's stock worth $25,000 after acquiring an additional 1,502 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Camping World in the fourth quarter valued at $25,000. State of Wyoming purchased a new stake in Camping World during the third quarter valued at about $43,000. Aster Capital Management DIFC Ltd bought a new stake in Camping World during the third quarter worth about $83,000. Finally, Russell Investments Group Ltd. lifted its stake in Camping World by 923.8% during the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company's stock worth $87,000 after purchasing an additional 4,998 shares during the last quarter. Institutional investors own 52.54% of the company's stock.

Camping World Company Profile

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.

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