Camping World (NYSE:CWH – Get Rating) Its price target was cut from $40.00 to $32.00 by equity researchers at Monness Crespi & Hardt in a note issued to investors on Thursday, MarketBeat reports. The company currently has a “buy” rating on the stock. Monness Crespi & Hardt’s price target would suggest a potential upside of 46.05% from the company’s previous close.
Several other research analysts also recently commented on the company. DA Davidson began covering Camping World in a research report on Wednesday, April 13. They issued a “neutral” rating and a target price of $29.00 on the company. Raymond James lowered his price target for Camping World from $45.00 to $40.00 in a research note on Wednesday, May 4th. StockNews.com acquired coverage of Camping World in a research note on Thursday, March 31st. They give the company a “hold” rating. Truist Financial lowered its price target on Camping World to $26.00 in a research note on Thursday, May 26. Finally, TheStreet Camping World downgraded from a “b-” to a “c+” in a research note on Monday 25th April. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $37.50.
Shares of CWH stock opened at $21.91 on Thursday. The stock has a market cap of $1.82 billion, a P/E of 3.91, and a beta of 2.82. Camping World has a yearly low of $20.85 and a yearly high of $46.77. The stock has a 50-day moving average price of $26.06 and a 200-day moving average price of $30.41. The company has a gearing ratio of 6.98, a current ratio of 1.33 and a quick ratio of 0.23.
Camping World (NYSE:CWH – Get Rating) last released its earnings results on Tuesday, May 3rd. The company reported $0.92 per share for the quarter, missing the consensus estimate of $1.22 ($0.30). The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.64 billion. Camping World had a return on equity of 109.12% and a net margin of 3.72%. The company’s revenue for the quarter increased 6.7% compared to the same quarter last year. For the same period last year, the company generated earnings per share of $1.40. Equity analysts expect Camping World to post 4.9 EPS for the current year.
In other news from Camping World, CEO Marcus Lemonis bought 38,350 shares of the stock in a transaction on Friday, June 10th. The stock was purchased at an average price of $26.36 per share for a total transaction of $1,010,906.00. Upon completion of the purchase, the Chief Executive Officer now owns 121,450 shares of the Company, valued at approximately $3,201,422. The acquisition was announced in a filing with the Securities & Exchange Commission, which can be accessed through the SEC’s website. Company insiders own 47.50% of the company’s shares.
Hedge funds recently changed their positions in the stock. Geneos Wealth Management Inc. increased its position in Camping World by 413.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 621 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Rise Advisors LLC acquired a new interest in Camping World valued at approximately $28,000 during the fourth quarter. Creative Financial Designs Inc. ADV acquired a new interest in Camping World for approximately $37,000 during the first quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in Camping World valued at around $40,000 in the fourth quarter. Finally, during the first quarter, Prospera Financial Services Inc acquired a new interest in Camping World valued at approximately $49,000. Hedge funds and other institutional investors own 84.47% of the company’s shares.
About camping world (received rating)
Camping World Holdings, Inc, through its subsidiaries, sells recreational vehicles (RVs) and related products and services. It operates through two segments, Good Sam Services and Plans; and RV and outdoor retail. The Company offers a portfolio of services, protection plans, products and resources in the RV industry.
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