Camping World (NYSE:CWH) was upgraded by equities researchers at Northcoast Research from a “neutral” rating to a “buy” rating in a report issued on Tuesday, The Fly reports. The brokerage currently has a $20.00 price objective on the stock. Northcoast Research’s price target would suggest a potential upside of 37.93% from the company’s previous close.
CWH has been the topic of several other reports. Zacks Investment Research cut Camping World from a “hold” rating to a “sell” rating in a research report on Monday, November 18th. Citigroup boosted their price objective on Camping World from $11.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Finally, ValuEngine lowered Camping World from a “buy” rating to a “hold” rating in a report on Monday, December 30th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $13.41.
NYSE CWH opened at $14.50 on Tuesday. Camping World has a 12 month low of $7.12 and a 12 month high of $16.12. The company has a debt-to-equity ratio of 79.52, a current ratio of 1.38 and a quick ratio of 0.27. The firm has a market capitalization of $1.18 billion, a PE ratio of 12.95, a P/E/G ratio of 11.17 and a beta of 3.31. The company’s 50 day simple moving average is $13.62 and its 200 day simple moving average is $10.78.
Camping World (NYSE:CWH) last announced its earnings results on Thursday, November 7th. The company reported $0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.04). The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.32 billion. Camping World had a negative return on equity of 14,187.62% and a negative net margin of 1.27%. Camping World’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.49 EPS. Sell-side analysts anticipate that Camping World will post -0.6 earnings per share for the current fiscal year.
Large investors have recently modified their holdings of the stock. Millennium Management LLC increased its position in shares of Camping World by 2,437.2% in the third quarter. Millennium Management LLC now owns 1,383,563 shares of the company’s stock worth $12,313,000 after acquiring an additional 1,329,031 shares in the last quarter. Nuveen Asset Management LLC acquired a new position in Camping World during the 2nd quarter worth $2,206,000. River Road Asset Management LLC boosted its position in shares of Camping World by 26.0% in the third quarter. River Road Asset Management LLC now owns 541,364 shares of the company’s stock valued at $4,818,000 after acquiring an additional 111,600 shares during the period. Stephens Inc. AR boosted its holdings in Camping World by 39.1% in the 3rd quarter. Stephens Inc. AR now owns 360,672 shares of the company’s stock valued at $3,210,000 after purchasing an additional 101,369 shares during the period. Finally, SG Americas Securities LLC bought a new stake in Camping World in the 3rd quarter valued at $722,000. Hedge funds and other institutional investors own 41.07% of the company’s stock.
About Camping World
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.
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