S&P 500   3,246.59 (+0.30%)
DOW   26,815.44 (+0.20%)
QQQ   265.39 (+0.47%)
AAPL   108.22 (+1.03%)
MSFT   203.19 (+1.30%)
FB   249.53 (+0.20%)
GOOGL   1,422.86 (+0.96%)
AMZN   3,019.79 (+0.66%)
NVDA   493.92 (+1.85%)
TSLA   387.79 (+1.95%)
BABA   269.73 (-1.18%)
CGC   14.27 (-2.26%)
GE   6.06 (-0.82%)
MU   49.47 (-0.76%)
AMD   75.82 (+1.46%)
T   28.04 (+0.61%)
F   6.66 (+0.30%)
ACB   5.20 (+0.58%)
GILD   62.25 (-1.33%)
NFLX   473.08 (+0.52%)
DIS   122.49 (-0.64%)
BAC   23.34 (+0.34%)
BA   146.05 (-3.39%)
S&P 500   3,246.59 (+0.30%)
DOW   26,815.44 (+0.20%)
QQQ   265.39 (+0.47%)
AAPL   108.22 (+1.03%)
MSFT   203.19 (+1.30%)
FB   249.53 (+0.20%)
GOOGL   1,422.86 (+0.96%)
AMZN   3,019.79 (+0.66%)
NVDA   493.92 (+1.85%)
TSLA   387.79 (+1.95%)
BABA   269.73 (-1.18%)
CGC   14.27 (-2.26%)
GE   6.06 (-0.82%)
MU   49.47 (-0.76%)
AMD   75.82 (+1.46%)
T   28.04 (+0.61%)
F   6.66 (+0.30%)
ACB   5.20 (+0.58%)
GILD   62.25 (-1.33%)
NFLX   473.08 (+0.52%)
DIS   122.49 (-0.64%)
BAC   23.34 (+0.34%)
BA   146.05 (-3.39%)
S&P 500   3,246.59 (+0.30%)
DOW   26,815.44 (+0.20%)
QQQ   265.39 (+0.47%)
AAPL   108.22 (+1.03%)
MSFT   203.19 (+1.30%)
FB   249.53 (+0.20%)
GOOGL   1,422.86 (+0.96%)
AMZN   3,019.79 (+0.66%)
NVDA   493.92 (+1.85%)
TSLA   387.79 (+1.95%)
BABA   269.73 (-1.18%)
CGC   14.27 (-2.26%)
GE   6.06 (-0.82%)
MU   49.47 (-0.76%)
AMD   75.82 (+1.46%)
T   28.04 (+0.61%)
F   6.66 (+0.30%)
ACB   5.20 (+0.58%)
GILD   62.25 (-1.33%)
NFLX   473.08 (+0.52%)
DIS   122.49 (-0.64%)
BAC   23.34 (+0.34%)
BA   146.05 (-3.39%)
S&P 500   3,246.59 (+0.30%)
DOW   26,815.44 (+0.20%)
QQQ   265.39 (+0.47%)
AAPL   108.22 (+1.03%)
MSFT   203.19 (+1.30%)
FB   249.53 (+0.20%)
GOOGL   1,422.86 (+0.96%)
AMZN   3,019.79 (+0.66%)
NVDA   493.92 (+1.85%)
TSLA   387.79 (+1.95%)
BABA   269.73 (-1.18%)
CGC   14.27 (-2.26%)
GE   6.06 (-0.82%)
MU   49.47 (-0.76%)
AMD   75.82 (+1.46%)
T   28.04 (+0.61%)
F   6.66 (+0.30%)
ACB   5.20 (+0.58%)
GILD   62.25 (-1.33%)
NFLX   473.08 (+0.52%)
DIS   122.49 (-0.64%)
BAC   23.34 (+0.34%)
BA   146.05 (-3.39%)
Log in

Camping World (NYSE:CWH) Price Target Raised to $44.00

Last updated on Wednesday, September 16, 2020 | 2020 MarketBeat

Camping World (NYSE:CWH) had its price target upped by investment analysts at JPMorgan Chase & Co. from $40.00 to $44.00 in a report released on Wednesday, The Fly reports. The firm presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target points to a potential upside of 44.12% from the company's current price.

CWH has been the subject of a number of other reports. ValuEngine cut shares of Camping World from a "buy" rating to a "hold" rating in a research report on Thursday, May 21st. Monness Crespi & Hardt increased their price objective on shares of Camping World from $33.00 to $49.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Truist reissued a "buy" rating and set a $38.00 target price on shares of Camping World in a research report on Wednesday. BMO Capital Markets raised their price target on shares of Camping World from $13.00 to $36.00 and gave the company a "market perform" rating in a report on Thursday, August 6th. Finally, TheStreet raised shares of Camping World from a "d" rating to a "c" rating in a research report on Thursday, August 6th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Camping World currently has a consensus rating of "Hold" and an average price target of $31.10.

Camping World stock traded down $2.55 during trading on Wednesday, reaching $30.53. The company had a trading volume of 181,958 shares, compared to its average volume of 2,126,076. Camping World has a 12-month low of $3.40 and a 12-month high of $42.49. The stock's 50 day moving average price is $33.67 and its two-hundred day moving average price is $21.13. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of -78.28, a PEG ratio of 0.45 and a beta of 3.83.

Camping World (NYSE:CWH) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.62 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $1.14. Camping World had a negative return on equity of 102.93% and a negative net margin of 0.19%. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.36 billion. Equities analysts expect that Camping World will post 2.21 earnings per share for the current year.

In other news, CEO Marcus Lemonis acquired 3,080 shares of Camping World stock in a transaction that occurred on Monday, August 10th. The stock was purchased at an average price of $32.56 per share, with a total value of $100,284.80. Also, major shareholder Abrams Capital Management, L.P sold 500,000 shares of Camping World stock in a transaction on Thursday, July 16th. The shares were sold at an average price of $35.13, for a total value of $17,565,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders bought 57,415 shares of company stock valued at $1,808,475 and sold 6,512,073 shares valued at $226,191,418. Company insiders own 49.80% of the company's stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wasatch Advisors Inc. boosted its position in Camping World by 5.5% during the second quarter. Wasatch Advisors Inc. now owns 4,121,599 shares of the company's stock valued at $111,943,000 after purchasing an additional 215,174 shares during the last quarter. Vanguard Group Inc. boosted its position in Camping World by 4.8% during the second quarter. Vanguard Group Inc. now owns 1,788,874 shares of the company's stock valued at $48,586,000 after purchasing an additional 81,444 shares during the last quarter. Morgan Stanley boosted its position in Camping World by 109.6% during the first quarter. Morgan Stanley now owns 810,478 shares of the company's stock valued at $4,612,000 after purchasing an additional 423,790 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of Camping World by 25.4% during the 1st quarter. Deutsche Bank AG now owns 797,102 shares of the company's stock worth $4,536,000 after acquiring an additional 161,498 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of Camping World by 0.9% during the 1st quarter. State Street Corp now owns 672,540 shares of the company's stock valued at $3,827,000 after acquiring an additional 6,044 shares during the last quarter. 39.26% of the stock is owned by hedge funds and other institutional investors.

Camping World Company Profile

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

Recommended Story: Different Types of Derivatives

The Fly

Analyst Recommendations for Camping World (NYSE:CWH)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

12 Marijuana Stocks to Buy Now

There are now more than 50 publicly-traded companies operating in the cannabis industry. Most of these companies aren't directly growing and selling marijuana themselves, but they do stand to benefit greatly as more states legalize the sale and possession of marijuana. Some of these marijuana stocks are media companies. Others are privately studying the medical uses of marijuana. Yet others are providing tools and software for marijuana growers. As more cannabis companies file IPOs and enter the stock market, it will become increasingly difficult for investors to identify which marijuana stocks will truly benefit from the cannabis boom.

Our subscribers have begun digging through these companies, checking out their financials, business models and long-term growth prospects. They know that some "marijuana stocks" are just empty shell companies that deserve to be penny stocks, but they also recognize there are some legitimate and growing companies that truly stand to benefit from the green rush. As a group, they have added 10 different cannabis stocks to their watchlists and are actively investing in them. More than 1,400 MarketBeat subscribers are now following our top-trending cannabis company.

This slide show lists the 12 pot stocks that MarketBeat subscribers are have added to their watchlists and are actively monitoring.

View the "12 Marijuana Stocks to Buy Now".

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.