Camping World (NYSE:CWH) Stock Rating Upgraded by StockNews.com

Camping World (NYSE:CWH) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Thursday.

CWH has been the subject of a number of other reports. Stephens reissued an “overweight” rating and set a $28.00 price objective (up from $26.00) on shares of Camping World in a research report on Wednesday, January 17th. KeyCorp lifted their target price on Camping World from $25.00 to $30.00 and gave the company an “overweight” rating in a research report on Friday, January 12th. Citigroup lifted their target price on Camping World from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, January 23rd. Finally, Truist Financial lifted their target price on Camping World from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, January 9th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $29.91.

Camping World Trading Down 0.1 %

Shares of NYSE CWH traded down $0.03 during trading on Thursday, hitting $20.10. 2,091,355 shares of the company were exchanged, compared to its average volume of 1,135,218. Camping World has a 12-month low of $16.18 and a 12-month high of $32.88. The company has a debt-to-equity ratio of 7.55, a quick ratio of 0.16 and a current ratio of 1.21. The company has a fifty day moving average price of $24.89 and a 200-day moving average price of $23.79. The firm has a market capitalization of $1.70 billion, a PE ratio of -502.37 and a beta of 2.67.

Camping World (NYSE:CWH) last posted its quarterly earnings results on Wednesday, February 21st. The company reported ($0.53) EPS for the quarter, topping the consensus estimate of ($0.59) by $0.06. Camping World had a negative return on equity of 2.16% and a net margin of 0.09%. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the firm earned ($0.33) EPS. The company’s quarterly revenue was down 13.4% compared to the same quarter last year. As a group, equities research analysts expect that Camping World will post 1.06 EPS for the current year.

Insider Buying and Selling

In other Camping World news, CEO Marcus Lemonis sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $25.63, for a total value of $2,563,000.00. Following the completion of the sale, the chief executive officer now owns 405,268 shares in the company, valued at $10,387,018.84. The sale was disclosed in a document filed with the SEC, which is available through this link. 43.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CWH. ICA Group Wealth Management LLC acquired a new position in Camping World during the fourth quarter worth $35,000. Selway Asset Management acquired a new position in Camping World during the third quarter worth $55,000. Advisory Services Network LLC acquired a new position in Camping World during the fourth quarter worth $172,000. SG Americas Securities LLC acquired a new position in Camping World during the fourth quarter worth $207,000. Finally, Bedel Financial Consulting Inc. acquired a new stake in Camping World in the fourth quarter valued at $255,000. 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.