Vanguard Group Inc. Has $97.52 Million Stock Position in Camping World $CWH

Key Points

• Vanguard Group Inc. increased its stake in Camping World by 4.3%, now owning 6,034,743 shares worth approximately $97.5 million.
• Camping World's shares are currently trading at $17.55, with a market capitalization of $1.79 billion and a consensus rating of "Moderate Buy" from analysts.
• Recently, several analysts adjusted their target prices for Camping World, with the range now between $15.00 and $21.00, reflecting mixed sentiments on the stock's future performance.

Vanguard Group Inc. grew its position in Camping World (NYSE:CWH - Free Report) by 4.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,034,743 shares of the company's stock after acquiring an additional 247,134 shares during the period. Vanguard Group Inc. owned 5.92% of Camping World worth $97,521,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CWH. Byrne Asset Management LLC bought a new position in shares of Camping World in the first quarter valued at approximately $44,000. Mpwm Advisory Solutions LLC bought a new position in shares of Camping World in the fourth quarter valued at approximately $63,000. US Bancorp DE bought a new position in Camping World in the 1st quarter worth approximately $72,000. Sandia Investment Management LP bought a new position in Camping World in the 4th quarter worth approximately $105,000. Finally, CWM LLC raised its position in Camping World by 1,060.1% in the 1st quarter. CWM LLC now owns 7,645 shares of the company's stock worth $124,000 after purchasing an additional 6,986 shares during the last quarter. Institutional investors own 52.54% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on CWH shares. Monness Crespi & Hardt dropped their price objective on shares of Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Robert W. Baird dropped their price objective on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a research report on Thursday, May 1st. Truist Financial boosted their price objective on shares of Camping World from $16.00 to $20.00 and gave the stock a "buy" rating in a research report on Tuesday, June 3rd. KeyCorp boosted their price objective 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. Finally, Raymond James Financial dropped their price objective on shares of Camping World from $20.00 to $18.00 and set an "outperform" rating for the company in a research report on Thursday, July 31st. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, Camping World currently has an average rating of "Moderate Buy" and an average target price of $21.78.

Camping World Trading Down 1.4%

Shares of CWH stock traded down $0.25 on Thursday, hitting $17.46. The stock had a trading volume of 1,966,568 shares, compared to its average volume of 2,339,897. Camping World has a twelve month low of $11.17 and a twelve month high of $25.97. The firm has a market cap of $1.78 billion, a P/E ratio of -87.30 and a beta of 1.76. The company has a current ratio of 1.26, a quick ratio of 0.24 and a debt-to-equity ratio of 3.12. The company has a fifty day moving average price of $17.28 and a two-hundred day moving average price of $16.84.

Camping World (NYSE:CWH - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.01). Camping World had a negative net margin of 0.13% and a negative return on equity of 2.81%. The firm had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the firm earned $0.38 EPS. Camping World's quarterly revenue was up 9.4% on a year-over-year basis. As a group, analysts forecast that Camping World will post -0.66 earnings per share for the current fiscal year.

About Camping World

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.