Camping World Holdings, Inc. (NYSE:CWH – Get Rating) has earned a consensus recommendation of “Hold” from the nine analysts currently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The 1-year average price target among brokers who covered the stock in the past year is $32.83.
CWH has been the subject of several recent research reports. TheStreet upgraded Camping World’s shares from a “c+” rating to a “b-” rating in a research note on Friday, August 12. Raymond James lowered Camping World’s stock price target from $36.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, Nov. 3. Monness Crespi & Hardt raised Camping World’s share price target from $32.00 to $36.00 on Thursday, August 4, and gave the stock a “buy” rating in a research report. On Thursday, Nov. 3, JPMorgan Chase & Co. lowered Camping World’s stock price target from $46.00 to $37.00 and set an “overweight” rating for the company in a research report. Finally, Truist Financial lowered Camping World’s stock price target from $30.00 to $25.00 and set a “hold” rating for the company in a research report on Friday, Sept. 23.
Insider buying and selling at Camping World
In other Camping World news, CFO Karin L. Bell sold 16,953 shares of the company in a deal dated Friday, Sept. 16. The shares sold at an average price of $30.08, for a total transaction of $509,946.24. Following the completion of the sale, the chief financial officer now directly owns 105,898 shares of the company, valued at $3,185,411.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, available at this link. Insiders own 47.50% of the company’s shares.
Hedge funds weigh on Camping World
A number of large investors have recently made changes to their positions in the business. HG Vora Capital Management LLC acquired a new position in Camping World in the first quarter for approximately $117,390,000. ExodusPoint Capital Management LP increased its holdings in Camping World by 1,558.7% in the third quarter. ExodusPoint Capital Management LP now owns 649,900 shares of the company valued at $16,455,000 after purchasing an additional 610,718 shares during the most recent quarter. JPMorgan Chase & Co. increased its holdings in Camping World by 114.4% in the second quarter. JPMorgan Chase & Co. now owns 65,584 shares of the company valued at $1,416,000 after purchasing an additional 519,850 shares during the most recent quarter. Adirondack Retirement Specialists Inc. increased its holdings in Camping World by 196.3% in the second quarter. Adirondack Retirement Specialists Inc. now owns 601,035 shares of the company valued at $13,962,000 after purchasing an additional 398,192 shares during the most recent quarter. Finally, Stansberry Asset Management LLC increased its holdings in Camping World by 1,099.3% in the first quarter. Stansberry Asset Management LLC now owns 408,464 shares of the company valued at $11,416,000 after purchasing an additional 374,406 shares during the most recent quarter. Institutional investors and hedge funds own 38.15% of the company’s shares.
Trade in the world of camping up 1.7%
NYSE CWH opened Friday at $27.54. The company’s fifty-day simple moving average is $27.03, and its 200-day simple moving average is $27.10. Camping World has a 52-week low of $20.85 and a 52-week high of $46.77. The company has a current ratio of 1.42, a fast ratio of 0.25, and a debt-to-equity ratio of 4.40. The stock has a market cap of $2.30 billion, a P/E ratio of 6.07, and a beta of 2.60.
Camping World (NYSE:CWH – Get Rating) last released its quarterly earnings results on Tuesday, November 1. The company reported earnings per share (EPS) of $0.93 for the quarter, missing the consensus estimate of $1.12 ($0.19). The company reported revenue of $1.86 billion during the quarter, compared with analyst estimates of $1.82 billion. Camping World had a net margin of 2.79% and a return on equity of 65.79%. Equity research analysts expect Camping World to post 3.94 EPS for the current fiscal year.
Company profile of the world of camping
Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs) and related products and services. 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.
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