Camping World (NYSE:CWH) PT Lowered to $24.00

Camping World (NYSE:CWH) had its target price decreased by equities research analysts at Monness Crespi & Hardt from $29.00 to $24.00 in a research note issued to investors on Wednesday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Monness Crespi & Hardt’s price target points to a potential upside of 34.68% from the stock’s previous close.

CWH has been the topic of several other research reports. KeyCorp reduced their target price on shares of Camping World from $30.00 to $26.00 and set an “overweight” rating on the stock in a research note on Friday, May 3rd. Roth Mkm reiterated a “buy” rating and set a $28.00 target price (down from $30.00) on shares of Camping World in a report on Friday, May 3rd. StockNews.com cut shares of Camping World from a “hold” rating to a “sell” rating in a report on Friday, May 10th. Finally, Truist Financial lowered their price target on shares of Camping World from $30.00 to $28.00 and set a “buy” rating on the stock in a report on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.10.

Camping World Stock Performance

CWH opened at $17.82 on Wednesday. The firm has a market cap of $1.51 billion, a P/E ratio of -445.39 and a beta of 2.57. Camping World has a 1-year low of $16.18 and a 1-year high of $32.88. The company has a 50 day simple moving average of $20.04 and a two-hundred day simple moving average of $23.77. The company has a debt-to-equity ratio of 11.24, a current ratio of 1.19 and a quick ratio of 0.17.

Camping World (NYSE:CWH) last released its earnings results on Wednesday, May 1st. The company reported ($0.46) EPS for the quarter, missing the consensus estimate of ($0.45) by ($0.01). Camping World had a negative return on equity of 2.39% and a net margin of 0.09%. The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Equities analysts forecast that Camping World will post 0.83 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Camping World

A number of hedge funds and other institutional investors have recently made changes to their positions in CWH. ICA Group Wealth Management LLC acquired a new stake in shares of Camping World during the 4th quarter worth approximately $35,000. Russell Investments Group Ltd. raised its position in shares of Camping World by 6,495.0% in the first quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company’s stock valued at $110,000 after buying an additional 3,897 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Camping World in the fourth quarter valued at about $172,000. SG Americas Securities LLC acquired a new position in shares of Camping World during the 4th quarter valued at about $207,000. Finally, ProShare Advisors LLC acquired a new position in shares of Camping World during the 1st quarter valued at about $209,000. 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.