EntryPoint Capital LLC Invests $272,000 in Camping World $CWH

Key Points

• EntryPoint Capital LLC has invested $272,000 in Camping World by acquiring 16,858 shares during the first quarter, indicating growing interest from institutional investors.
• Camping World reported quarterly earnings missing estimates, with a revenue of $1.98 billion, surpassing expectations, but a negative net margin of -0.13% and a negative return on equity of -2.81%.
• Several analysts have adjusted their price targets for Camping World, with KeyCorp increasing theirs to $21.00 while maintaining an "overweight" rating, indicating mixed sentiment among market analysts.

EntryPoint Capital LLC bought a new stake in Camping World (NYSE:CWH - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,858 shares of the company's stock, valued at approximately $272,000.

A number of other institutional investors have also recently bought and sold shares of CWH. Byrne Asset Management LLC acquired a new position in Camping World during the first quarter valued at approximately $44,000. Mpwm Advisory Solutions LLC acquired a new position in Camping World during the fourth quarter valued at approximately $63,000. US Bancorp DE acquired a new position in shares of Camping World during the first quarter worth $72,000. Sandia Investment Management LP acquired a new position in shares of Camping World during the fourth quarter worth $105,000. Finally, CWM LLC lifted its position in shares of Camping World by 1,060.1% during the first quarter. CWM LLC now owns 7,645 shares of the company's stock worth $124,000 after purchasing an additional 6,986 shares in the last quarter. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. KeyCorp boosted their target price on shares of Camping World from $18.00 to $21.00 and gave the stock an "overweight" rating in a research report on Thursday, August 14th. Monness Crespi & Hardt reduced their target price on shares of Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Citigroup restated a "buy" rating and issued a $23.00 price target (up previously from $21.00) on shares of Camping World in a research note on Monday, June 16th. Robert W. Baird dropped their price target on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a research note on Thursday, May 1st. Finally, Raymond James Financial dropped their price target 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. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $21.78.

Camping World Stock Performance

CWH stock traded down $0.52 during trading on Thursday, hitting $17.19. 370,605 shares of the company's stock traded hands, compared to its average volume of 2,206,349. 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 52 week low of $11.17 and a 52 week high of $25.97. The stock has a fifty day moving average price of $17.29 and a two-hundred day moving average price of $16.88. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of -86.04 and a beta of 1.76.

Camping World (NYSE:CWH - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.01). The business 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 firm's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.38 EPS. As a group, equities analysts anticipate that Camping World will post -0.66 EPS for the current fiscal year.

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.