Camping World (NYSE:CWH – Get Rating) had its price objective lifted by equities researchers at Raymond James from $32.00 to $36.00 in a report issued on Thursday, Benzinga reports. The firm currently has an "outperform" rating on the stock. Raymond James' price objective would suggest a potential upside of 19.28% from the company's previous close.
A number of other research firms also recently commented on CWH. DA Davidson began coverage on Camping World in a research note on Wednesday, April 13th. They issued a "neutral" rating and a $29.00 price objective on the stock. Truist Financial reduced their price objective on Camping World to $26.00 in a research report on Thursday, May 26th. TheStreet cut Camping World from a "b-" rating to a "c+" rating in a research report on Monday, April 25th. Finally, Monness Crespi & Hardt boosted their price target on Camping World from $32.00 to $36.00 and gave the stock a "buy" rating in a research report on Thursday. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $37.50.
Get Camping World alerts:Camping World Stock Performance
Camping World stock traded up $0.34 during mid-day trading on Thursday, hitting $30.18. 45,400 shares of the company's stock traded hands, compared to its average volume of 776,157. The firm has a 50 day moving average price of $24.92 and a 200 day moving average price of $28.19. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 6.98. The company has a market cap of $2.51 billion, a PE ratio of 5.85 and a beta of 2.79. Camping World has a one year low of $20.85 and a one year high of $46.77.
Camping World (NYSE:CWH – Get Rating) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $2.16 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.21. Camping World had a return on equity of 93.03% and a net margin of 3.31%. During the same period in the prior year, the firm posted $2.40 EPS. On average, equities analysts forecast that Camping World will post 5.04 EPS for the current year.Insider Buying and Selling
In other news, CEO Marcus Lemonis acquired 38,350 shares of Camping World stock in a transaction on Friday, June 10th. The shares were purchased at an average price of $26.36 per share, with a total value of $1,010,906.00. Following the acquisition, the chief executive officer now owns 121,450 shares in the company, valued at $3,201,422. The transaction was disclosed in a document filed with the SEC, which is available through this link. 47.50% of the stock is owned by corporate insiders.
Institutional Trading of Camping World
A number of large investors have recently made changes to their positions in the company. IFG Advisory LLC bought a new position in Camping World during the 2nd quarter worth about $243,000. Envestnet Asset Management Inc. increased its holdings in Camping World by 38.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 18,605 shares of the company's stock worth $402,000 after purchasing an additional 5,184 shares in the last quarter. CIBC Private Wealth Group LLC bought a new position in Camping World during the 2nd quarter worth about $786,000. Nisa Investment Advisors LLC increased its holdings in Camping World by 2.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 17,615 shares of the company's stock worth $380,000 after purchasing an additional 480 shares in the last quarter. Finally, Belpointe Asset Management LLC increased its holdings in Camping World by 20.8% during the 2nd quarter. Belpointe Asset Management LLC now owns 39,297 shares of the company's stock worth $848,000 after purchasing an additional 6,765 shares in the last quarter. Institutional investors own 84.47% of the company's stock.
About Camping World
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Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs), and related products and services. 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.
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