Camping World (CWH) PT Lowered to $30.00

Camping World (NYSE:CWH) had its price target reduced by Monness Crespi & Hardt from $35.00 to $30.00 in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Monness Crespi & Hardt’s price objective would suggest a potential upside of 63.84% from the company’s previous close.

CWH has been the topic of several other reports. Northcoast Research set a $28.00 price target on shares of Camping World and gave the company a “buy” rating in a research report on Wednesday, August 8th. Zacks Investment Research lowered shares of Camping World from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 10th. ValuEngine upgraded shares of Camping World from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 17th. JPMorgan Chase & Co. lowered their price target 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. Finally, BMO Capital Markets lowered their price target on shares of Camping World from $42.00 to $36.00 and set a “positive” rating on the stock in a research report on Tuesday, August 21st. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company’s stock. Camping World currently has a consensus rating of “Buy” and a consensus price target of $37.92.

CWH stock opened at $18.31 on Wednesday. The company has a market capitalization of $1.67 billion, a PE ratio of 8.00, a price-to-earnings-growth ratio of 0.72 and a beta of 1.91. Camping World has a 12 month low of $16.40 and a 12 month high of $47.62. The company has a current ratio of 1.43, a quick ratio of 0.35 and a debt-to-equity ratio of 9.93.

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

In related news, CEO Marcus Lemonis purchased 25,000 shares of the business’s stock in a transaction on Friday, September 14th. The shares were bought at an average price of $19.74 per share, with a total value of $493,500.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 49.20% of the company’s stock.

Large investors have recently bought and sold shares of the business. Mount Yale Investment Advisors LLC purchased a new position in Camping World during the second quarter worth approximately $166,000. WINTON GROUP Ltd purchased a new position in Camping World during the first quarter worth approximately $228,000. Atria Investments LLC purchased a new position in Camping World during the third quarter worth approximately $210,000. Alpha Cubed Investments LLC purchased a new position in Camping World during the third quarter worth approximately $230,000. Finally, Hilltop Holdings Inc. purchased a new position in Camping World during the second quarter worth approximately $270,000. 54.41% of the stock is currently owned by institutional investors.

Camping World Company Profile

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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