Camping World (NYSE:CWH) PT Raised to $28.00

Camping World (NYSE:CWH) had its price objective boosted by equities research analysts at Truist Financial from $26.00 to $28.00 in a report released on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s price objective indicates a potential upside of 14.99% from the company’s current price.

A number of other analysts have also weighed in on CWH. KeyCorp reduced their price target on shares of Camping World from $26.00 to $25.00 and set an “overweight” rating for the company in a research note on Friday, August 2nd. Monness Crespi & Hardt decreased their price target on Camping World from $29.00 to $24.00 and set a “buy” rating for the company in a research note on Wednesday, June 26th. Finally, Roth Mkm lowered their price target on Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $25.71.

Camping World Stock Down 0.7 %

CWH opened at $24.35 on Friday. The stock’s 50 day moving average price is $21.70 and its 200 day moving average price is $21.77. The company has a debt-to-equity ratio of 10.08, a current ratio of 1.19 and a quick ratio of 0.19. The stock has a market cap of $2.06 billion, a P/E ratio of -608.75 and a beta of 2.47. Camping World has a 12 month low of $16.18 and a 12 month high of $28.72.

Camping World (NYSE:CWH) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). The business had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.87 billion. Camping World had a negative net margin of 0.22% and a negative return on equity of 10.04%. Camping World’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same period last year, the business posted $0.60 earnings per share. As a group, research analysts predict that Camping World will post -0.61 earnings per share for the current year.

Insider Transactions at Camping World

In other news, CEO Marcus Lemonis sold 125,000 shares of the company’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $22.84, for a total transaction of $2,855,000.00. Following the completion of the sale, the chief executive officer now directly owns 155,268 shares of the company’s stock, valued at $3,546,321.12. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 43.80% of the company’s stock.

Institutional Trading of Camping World

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its holdings in shares of Camping World by 6.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 498,349 shares of the company’s stock valued at $13,087,000 after acquiring an additional 28,569 shares during the period. Advisory Services Network LLC acquired a new stake in Camping World during the 4th quarter worth about $172,000. Eminence Capital LP purchased a new position in Camping World during the 4th quarter valued at about $37,451,000. ICA Group Wealth Management LLC acquired a new position in shares of Camping World in the 4th quarter valued at about $35,000. Finally, Vanguard Group Inc. lifted its position in shares of Camping World by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 4,035,275 shares of the company’s stock worth $105,966,000 after purchasing an additional 122,856 shares in the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

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.