Camping World (CWH) PT Lowered to $28.00

Camping World (NYSE:CWH) had its price target decreased by equities research analysts at Wells Fargo & Co from $33.00 to $28.00 in a note issued to investors on Wednesday, The Fly reports. The brokerage presently has an “outperform” rating on the stock. Wells Fargo & Co’s target price points to a potential upside of 61.85% from the company’s previous close.

Other analysts have also issued research reports about the stock. Monness Crespi & Hardt dropped their target price on shares of Camping World from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday. Stephens reiterated a “buy” rating and issued a $37.00 target price on shares of Camping World in a research report on Thursday, August 9th. Northcoast Research set a $28.00 target price on shares of Camping World and gave the company a “buy” rating in a research report on Wednesday, August 8th. Zacks Investment Research upgraded shares of Camping World from a “strong sell” rating to a “hold” rating in a research report on Monday, August 6th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Camping World from $42.00 to $36.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 15th. Two analysts have rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $37.92.

Shares of NYSE CWH traded down $1.01 during trading on Wednesday, hitting $17.30. The company had a trading volume of 4,888 shares, compared to its average volume of 1,012,471. Camping World has a fifty-two week low of $16.40 and a fifty-two week high of $47.62. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 7.70, a price-to-earnings-growth ratio of 0.72 and a beta of 1.91. The company has a quick ratio of 0.35, a current ratio of 1.43 and a debt-to-equity ratio of 9.93.

Camping World (NYSE:CWH) last announced its earnings results on Tuesday, November 6th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.62 by ($0.13). Camping World had a negative net margin of 0.42% and a positive return on equity of 163.37%. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the business earned $0.76 EPS. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. Equities research analysts anticipate that Camping World will post 2.26 EPS for the current fiscal year.

In other Camping World news, CEO Marcus Lemonis purchased 25,000 shares of the stock in a transaction that occurred on Friday, September 14th. The shares were purchased at an average cost of $19.74 per share, for a total transaction of $493,500.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 49.20% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of CWH. Mount Yale Investment Advisors LLC purchased a new position in Camping World during the second quarter worth about $166,000. WINTON GROUP Ltd purchased a new position in Camping World during the first quarter worth about $228,000. Atria Investments LLC purchased a new position in Camping World during the third quarter worth about $210,000. Alpha Cubed Investments LLC purchased a new position in Camping World during the third quarter worth about $230,000. Finally, Hilltop Holdings Inc. purchased a new position in Camping World during the second quarter worth about $270,000. Hedge funds and other institutional investors own 54.41% of the company’s stock.

About Camping World

Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co-branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories.

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Analyst Recommendations for Camping World (NYSE:CWH)

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