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

Key Points

• Analysts maintain 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 $11.11, though several brokerages recently lowered their targets.
• Camping World’s shares opened at $4.48, near the lower end of their 52-week range of $3.96 to $17.15. The company reported quarterly EPS of $0.57, matching estimates, while revenue fell 2.1% year over year to $1.93 billion.
• Institutional investors own 52.54% of the company, with several hedge funds recently increasing their positions, including Walleye Capital, Eminence Capital and RBF Capital.

Camping World (NYSE:CWH - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the twelve analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $11.11.

A number of brokerages recently weighed in on CWH. Roth Capital reaffirmed a "buy" rating and issued a $10.00 target price (down from $12.00) on shares of Camping World in a research note on Monday, September 28th. Truist Financial decreased their price target on shares of Camping World from $14.00 to $10.00 and set a "buy" rating on the stock in a report on Thursday, September 10th. Wall Street Zen upgraded shares of Camping World from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. JPMorgan Chase & Co. dropped their price objective on shares of Camping World from $11.00 to $9.00 and set an "overweight" rating for the company in a report on Tuesday. Finally, 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.

Camping World Price Performance

Shares of NYSE CWH opened at $4.48 on Friday. The firm has a market capitalization of $462.97 million, a P/E ratio of -2.89 and a beta of 2.15. 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 stock's 50-day simple moving average is $5.99 and its two-hundred day simple moving average is $6.65. Camping World has a twelve month low of $3.96 and a twelve month high of $17.15.

Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.57 earnings per share 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 for the quarter, compared to analysts' expectations of $1.99 billion. During the same quarter last year, the firm posted $0.57 EPS. The company's revenue was down 2.1% compared to the same quarter last year. As a group, equities analysts anticipate that Camping World will post 0.08 EPS for the current fiscal year.

Institutional Investors Weigh In On Camping World

Hedge funds have recently added to or reduced their stakes in the company. Walleye Capital LLC increased its position in shares of Camping World by 995.1% during the 1st quarter. Walleye Capital LLC now owns 447,737 shares of the company's stock valued at $3,058,000 after purchasing an additional 406,852 shares during the last quarter. KBC Group NV bought a new stake in Camping World in the 1st quarter worth approximately $2,003,000. WINTON GROUP Ltd purchased a new stake in Camping World in the second quarter worth approximately $762,000. Eminence Capital LP grew its position 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 acquiring an additional 1,815,042 shares during the last quarter. Finally, RBF Capital LLC grew its position in Camping World by 68.1% during the fourth quarter. RBF Capital LLC now owns 440,078 shares of the company's stock valued at $4,282,000 after acquiring an additional 178,253 shares during the last quarter. Institutional investors own 52.54% of the company's stock.

Camping World Company Profile

Camping World Holdings, Inc is a recreational-vehicle retailer and service provider operating under the Camping World and Good Sam brands. The company sells new and used motorhomes, travel trailers, fifth wheels and other recreational vehicles, along with related parts, accessories and outdoor products.

Its operations also include RV maintenance and repair, collision services, installation and other support services. Camping World offers financing and insurance products through third-party and affiliated arrangements, while the Good Sam business provides memberships, roadside assistance, insurance, travel-related services and access to campgrounds and other RV resources.

Camping World serves customers primarily throughout the United States through a network of retail, service and dealership locations.

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