Camping World (NYSE:CWH – Free Report) had its price objective lowered by Truist Financial from $14.00 to $10.00 in a research report released on Thursday,Benzinga reports. The brokerage currently has a buy rating on the stock.
CWH has been the topic of a number of other reports. Roth Capital set a $12.00 target price on shares of Camping World in a research note on Monday, August 3rd. Weiss Ratings upgraded shares of Camping World from a “sell (e+)” rating to a “sell (d)” rating in a report on Monday, August 3rd. Raymond James Financial set a $8.25 target price on shares of Camping World in a research report on Friday, July 31st. JPMorgan Chase & Co. decreased their price target on shares of Camping World from $16.00 to $11.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Finally, Wall Street Zen raised Camping World from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Ten research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Camping World presently has an average rating of “Moderate Buy” and a consensus target price of $11.66.
View Our Latest Stock Analysis on CWH
Camping World Stock Down 0.8%
Camping World (NYSE:CWH – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.57 EPS for the quarter, meeting the consensus estimate of $0.57. Camping World had a negative return on equity of 3.52% and a negative net margin of 1.55%.The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter last year, the company posted $0.57 earnings per share. The company’s revenue for the quarter was down 2.1% compared to the same quarter last year. Research analysts forecast that Camping World will post 0.09 EPS for the current year.
Hedge Funds Weigh In On Camping World
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP raised its holdings in Camping World by 2,275.8% in the 3rd quarter. Quarry LP now owns 1,568 shares of the company’s stock valued at $25,000 after acquiring an additional 1,502 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Camping World during the 4th quarter worth approximately $25,000. Allworth Financial LP increased its position in shares of 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 purchasing an additional 2,852 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Camping World during the second quarter valued at approximately $28,000. Finally, Russell Investments Group Ltd. increased its position in shares of Camping World by 923.8% during the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock valued at $87,000 after purchasing an additional 4,998 shares during the period. 52.54% of the stock is currently owned by institutional investors.
About Camping World
Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.
Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.
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