Camping World (NYSE:CWH) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on Camping World, with 10 buy ratings, one hold, and one sell among 12 analysts. The average 12-month price target is $11.66, well above the stock’s recent $6.04 price.
• Camping World’s latest quarterly results matched expectations at $0.57 in adjusted EPS, but revenue of $1.93 billion fell short of estimates and declined 2.1% year over year. The company reported a negative net margin and negative return on equity.
• Institutional investors and hedge funds own 52.54% of the company, with several major firms—including Goldman Sachs and Bank of America—recently increasing their positions.

Shares of Camping World (NYSE:CWH - Get Free Report) have received a consensus rating of "Moderate Buy" from the twelve ratings firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $11.6591.

A number of brokerages recently weighed in on CWH. Robert W. Baird set a $7.00 target price on Camping World in a report on Friday, July 31st. Wall Street Zen raised Camping World from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. Bank of America restated a "buy" rating and issued a $14.00 target price on shares of Camping World in a research note on Friday, July 31st. Weiss Ratings upgraded shares of Camping World from a "sell (e+)" rating to a "sell (d)" rating in a research report on Monday, August 3rd. Finally, Roth Capital set a $12.00 price objective on Camping World in a research report on Monday, August 3rd.

Camping World Stock Performance

NYSE CWH opened at $6.04 on Monday. The stock has a market cap of $624.28 million, a price-to-earnings ratio of -3.90 and a beta of 2.07. The company has a quick ratio of 0.30, a current ratio of 1.22 and a debt-to-equity ratio of 3.77. The business has a fifty day moving average of $6.38 and a 200-day moving average of $6.93. Camping World has a fifty-two week low of $5.49 and a fifty-two week high of $18.22.

Camping World (NYSE:CWH - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.57 EPS for the quarter, meeting the consensus estimate of $0.57. Camping World had a negative return on equity of 3.52% and a negative net margin of 1.55%.The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same period in the prior year, the firm posted $0.57 earnings per share. The business's quarterly revenue was down 2.1% compared to the same quarter last year. As a group, analysts predict that Camping World will post 0.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Camping World

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Eminence Capital LP lifted its stake in Camping World by 45.8% during the fourth quarter. Eminence Capital LP now owns 5,779,805 shares of the company's stock valued at $56,238,000 after buying an additional 1,815,042 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Camping World by 86.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,970,543 shares of the company's stock worth $19,173,000 after acquiring an additional 914,421 shares in the last quarter. Bank of America Corp DE increased its position in shares of Camping World by 128.1% in the third quarter. Bank of America Corp DE now owns 1,345,777 shares of the company's stock worth $21,250,000 after acquiring an additional 755,665 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Camping World by 94.9% during the fourth quarter. BNP Paribas Financial Markets now owns 1,522,570 shares of the company's stock valued at $14,815,000 after acquiring an additional 741,263 shares during the period. Finally, Balyasny Asset Management L.P. raised its holdings in shares of Camping World by 18.0% during the second quarter. Balyasny Asset Management L.P. now owns 3,221,271 shares of the company's stock valued at $55,374,000 after acquiring an additional 490,245 shares during the period. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Company Profile

Camping World Holdings, Inc is a specialty retailer and service provider focused on the recreational vehicle (RV) industry. Through its Camping World dealership network, the company sells new and used motorhomes, travel trailers, fifth-wheel trailers and other RVs. It also provides financing and insurance-related products, subject to applicable regulations and third-party arrangements.

The company operates RV parts and accessories retail businesses and provides maintenance, repair, collision and other service offerings through locations across the United States.

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