Camping World (NYSE:CWH – Get Free Report) had its target price reduced by equities researchers at Citigroup from $9.00 to $8.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price objective would indicate a potential upside of 37.62% from the company’s previous close.
CWH has been the subject of a number of other reports. Bank of America reaffirmed a “buy” rating and set a $14.00 price target on shares of Camping World in a research report on Friday, July 31st. JPMorgan Chase & Co. cut their price objective on Camping World from $16.00 to $11.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Robert W. Baird set a $7.00 price objective on Camping World in a research note on Friday, July 31st. KeyCorp decreased their target price on Camping World from $12.00 to $9.00 and set an “overweight” rating for the company in a research report on Friday, July 31st. Finally, Roth Capital set a $12.00 target price on Camping World in a research note on Monday, August 3rd. 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $11.57.
View Our Latest Stock Analysis on CWH
Camping World Stock Up 0.9%
Camping World (NYSE:CWH – Get Free Report) last posted its quarterly earnings data 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 net margin of 1.55% and a negative return on equity of 3.52%. The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same quarter last year, the business posted $0.57 EPS. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. On average, research analysts expect that Camping World will post 0.09 EPS for the current fiscal year.
Hedge Funds Weigh In On Camping World
Several institutional investors and hedge funds have recently bought and sold shares of the company. Eminence Capital LP increased its holdings in Camping World by 45.8% in the 4th quarter. Eminence Capital LP now owns 5,779,805 shares of the company’s stock worth $56,238,000 after acquiring an additional 1,815,042 shares during the last quarter. Capital Research Global Investors increased its stake in shares of Camping World by 12.8% in the fourth quarter. Capital Research Global Investors now owns 4,191,781 shares of the company’s stock worth $40,786,000 after purchasing an additional 476,135 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Camping World by 94.9% in the fourth quarter. BNP Paribas Financial Markets now owns 1,522,570 shares of the company’s stock worth $14,815,000 after purchasing an additional 741,263 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Camping World by 4.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,077,442 shares of the company’s stock valued at $7,358,000 after purchasing an additional 41,258 shares during the period. Finally, UBS Group AG lifted its stake in shares of Camping World by 78.3% during the 4th quarter. UBS Group AG now owns 474,336 shares of the company’s stock valued at $4,615,000 after buying an additional 208,241 shares in the last quarter. 52.54% of the stock is owned by institutional investors.
Camping World Company Profile
Camping World Holdings, Inc is a specialty retailer and service provider focused on the recreational vehicle (RV) industry. Through its Camping World dealership network, the company sells new and used motorhomes, travel trailers, fifth-wheel trailers and other RVs. It also provides financing and insurance-related products, subject to applicable regulations and third-party arrangements.
The company operates RV parts and accessories retail businesses and provides maintenance, repair, collision and other service offerings through locations across the United States.
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