Analysts at Wells Fargo & Company began coverage on shares of Camping World (NYSE:CWH – Get Free Report) in a research report issued on Monday, MarketBeat reports. The firm set an “overweight” rating and a $6.00 price target on the stock. Wells Fargo & Company‘s price objective indicates a potential upside of 30.07% from the company’s previous close.
Other equities research analysts have also issued reports about the stock. Northcoast Research set a $11.00 target price on shares of Camping World in a research report on Monday, October 19th. Wall Street Zen lowered shares of Camping World from a “hold” rating to a “sell” rating in a report on Saturday. Robert W. Baird set a $7.00 price objective on shares of Camping World in a research report on Friday, July 31st. JPMorgan Chase & Co. dropped their price objective on shares of Camping World from $11.00 to $9.00 and set an “overweight” rating for the company in a report on Tuesday, October 6th. Finally, KeyCorp cut their target price on shares of Camping World from $8.00 to $7.00 and set an “overweight” rating for the company in a research report on Wednesday, November 4th. Nine research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $9.85.
Read Our Latest Stock Analysis on Camping World
Camping World Stock Performance
NYSE:CWH opened at $4.61 on Monday. The business’s 50-day moving average price is $5.23 and its two-hundred day moving average price is $7.23. Camping World has a twelve month low of $3.96 and a twelve month high of $15.18. The stock has a market cap of $476.48 million, a P/E ratio of -1.15 and a beta of 2.21. The company has a quick ratio of 0.30, a current ratio of 1.22 and a debt-to-equity ratio of 3.77.
Camping World (NYSE:CWH – Get Free Report) last issued its quarterly earnings data on Monday, November 2nd. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.33). The business had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Camping World had a negative return on equity of 17.74% and a negative net margin of 4.20%. The firm’s revenue for the quarter was down 12.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.43 EPS. As a group, equities analysts predict that Camping World will post -0.55 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Brickley Wealth Management purchased a new position in Camping World in the 3rd quarter worth $68,000. Vise Technologies Inc. bought a new stake in Camping World in the third quarter worth $81,000. Axxcess Wealth Management LLC purchased a new stake in Camping World during the third quarter valued at about $63,000. WINTON GROUP Ltd purchased a new stake in Camping World during the second quarter valued at about $762,000. Finally, Allworth Financial LP boosted its position in Camping World by 777.1% during the second quarter. Allworth Financial LP now owns 3,219 shares of the company’s stock valued at $25,000 after buying an additional 2,852 shares during the period. 52.54% of the stock is currently owned by institutional investors.
About Camping World
Camping World Holdings, Inc is a recreational vehicle retailer and service provider operating under the Camping World brand. The company sells new and used motorized and towable recreational vehicles, including motorhomes, travel trailers and fifth-wheel trailers, serving consumers across the United States.
In addition to vehicle sales, Camping World provides related products and services through its dealership network. These offerings include RV parts and accessories, maintenance and repair services, vehicle financing and insurance products, and other ownership-related services.
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