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

Camping World (NYSE:CWH) had its target price increased by Truist Financial from $26.00 to $28.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price objective indicates a potential upside of 14.61% from the stock’s current price.

CWH has been the subject of a number of other reports. Roth Mkm dropped their price objective on shares of Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. Monness Crespi & Hardt cut their price target on shares of Camping World from $29.00 to $24.00 and set a “buy” rating on the stock in a report on Wednesday, June 26th. Finally, KeyCorp lowered their price target on Camping World from $26.00 to $25.00 and set an “overweight” rating on the stock in a report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $25.71.

Camping World Trading Down 0.4 %

Shares of NYSE CWH traded down $0.09 during trading hours on Friday, hitting $24.43. The company’s stock had a trading volume of 174,175 shares, compared to its average volume of 962,087. Camping World has a 12 month low of $16.18 and a 12 month high of $28.72. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of -610.75 and a beta of 2.47. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.19 and a current ratio of 1.19. The business has a 50-day simple moving average of $21.64 and a 200-day simple moving average of $21.83.

Camping World (NYSE:CWH) last announced its 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). Camping World had a negative net margin of 0.22% and a negative return on equity of 10.04%. The business had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the prior year, the company earned $0.60 EPS. Camping World’s revenue was down 5.3% compared to the same quarter last year. On average, analysts anticipate that Camping World will post -0.61 earnings per share for the current fiscal year.

Insider Transactions at Camping World

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Camping World by 3.1% during 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. SG Capital Management LLC purchased a new position in Camping World during the first quarter valued at $3,889,000. Wealth Enhancement Advisory Services LLC bought a new stake in Camping World in the 1st quarter valued at $9,403,000. Capital Research Global Investors lifted its stake in Camping World by 31.2% in the 1st quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock worth $60,129,000 after purchasing an additional 513,320 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Camping World by 6.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 498,349 shares of the company’s stock valued at $13,087,000 after purchasing an additional 28,569 shares during the last quarter. Institutional investors 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.