Camping World (NYSE:CWH) Price Target Lowered to $18.00 at Raymond James Financial

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Camping World (NYSE:CWH - Get Free Report) had its price target decreased by equities research analysts at Raymond James Financial from $20.00 to $18.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Raymond James Financial's target price would suggest a potential upside of 29.40% from the company's previous close.

Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. upgraded Camping World from a "neutral" rating to an "overweight" rating and reduced their target price for the stock from $23.00 to $21.00 in a report on Thursday, May 1st. Baird R W downgraded Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Truist Financial upped their target price on Camping World from $16.00 to $20.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. KeyCorp reiterated an "overweight" rating and set a $18.00 target price (up previously from $16.00) on shares of Camping World in a report on Friday, May 23rd. Finally, Monness Crespi & Hardt reduced their target price on Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $21.44.

Camping World Trading Up 0.5%

CWH traded up $0.07 during midday trading on Thursday, reaching $13.91. 3,711,593 shares of the company's stock traded hands, compared to its average volume of 2,118,836. The firm has a fifty day moving average of $17.69 and a two-hundred day moving average of $17.66. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of -69.55 and a beta of 1.76. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.26 and a quick ratio of 0.19. Camping World has a 52 week low of $11.17 and a 52 week high of $25.97.

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

Institutional Trading of Camping World

Several institutional investors have recently added to or reduced their stakes in the business. Teacher Retirement System of Texas boosted its stake in Camping World by 14.9% during the 2nd quarter. Teacher Retirement System of Texas now owns 28,033 shares of the company's stock valued at $482,000 after purchasing an additional 3,631 shares during the last quarter. CWM LLC lifted its holdings in shares of Camping World by 32.9% during the 2nd quarter. CWM LLC now owns 10,158 shares of the company's stock valued at $175,000 after buying an additional 2,513 shares during the period. McElhenny Sheffield Capital Management LLC bought a new position in shares of Camping World during the 2nd quarter valued at $1,891,000. KLP Kapitalforvaltning AS lifted its holdings in shares of Camping World by 28.0% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 13,700 shares of the company's stock valued at $236,000 after buying an additional 3,000 shares during the period. Finally, 111 Capital bought a new position in Camping World in the 2nd quarter worth $252,000. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

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.