Camping World (NYSE:CWH) PT Lowered to $26.00 at Roth Mkm
Camping World (NYSE:CWH) had its price target lowered from $28.00 to $26.00 by Roth Mkm, with a "buy" rating on the stock. The company's stock opened at $19.14 on Monday, and analysts anticipate a potential upside of 35.84% from the previous close. Camping World reported a decrease in revenue for the quarter and a negative net margin. Institutional investors currently hold 52.54% of the company's stock.
Camping World (NYSE:CWH - Get Free Report) had its price objective cut by stock analysts at Roth Mkm from $28.00 to $26.00 in a research note issued to investors on Monday, Briefing.com reports. The brokerage currently has a "buy" rating on the stock. Roth Mkm's price target would indicate a potential upside of 35.84% from the company's previous close.
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A number of other research analysts have also recently issued reports on CWH. Monness Crespi & Hardt reduced their price objective on Camping World from $29.00 to $24.00 and set a "buy" rating on the stock in a research note on Wednesday, June 26th. Truist Financial cut their target price on Camping World from $28.00 to $26.00 and set a "buy" rating on the stock in a research note on Friday. StockNews.com cut Camping World from a "hold" rating to a "sell" rating in a research note on Friday, May 10th. Finally, KeyCorp cut their target price on Camping World from $26.00 to $25.00 and set an "overweight" rating on the stock in a research note on Friday. One research analyst has rated the stock with a sell rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $26.25.
View Our Latest Analysis on Camping World
Camping World Trading Down 6.8 %
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Shares of CWH stock opened at $19.14 on Monday. The company has a debt-to-equity ratio of 11.24, a quick ratio of 0.17 and a current ratio of 1.19. Camping World has a 52-week low of $16.18 and a 52-week high of $29.24. The company has a market capitalization of $1.62 billion, a PE ratio of -474.88 and a beta of 2.54. The business's fifty day moving average is $19.79 and its 200 day moving average is $22.76.
Camping World (NYSE:CWH - Get Free Report) last released its earnings results on Wednesday, July 31st. The company reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.48 by ($0.10). The firm had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.87 billion. Camping World had a negative net margin of 0.22% and a negative return on equity of 9.50%. The firm's revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.60 EPS. On average, equities research analysts anticipate that Camping World will post 0.79 EPS for the current fiscal year.
Institutional Investors Weigh In On Camping World
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Large investors have recently added to or reduced their stakes in the stock. ICA Group Wealth Management LLC bought a new stake in shares of Camping World during the 4th quarter valued at $35,000. Russell Investments Group Ltd. lifted its stake in shares of Camping World by 6,495.0% during the 1st quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company's stock valued at $110,000 after buying an additional 3,897 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Camping World during the 4th quarter valued at $172,000. ProShare Advisors LLC purchased a new position in shares of Camping World during the 1st quarter valued at $209,000. Finally, SG Americas Securities LLC purchased a new position in shares of Camping World during the 4th quarter valued at $207,000. Institutional investors own 52.54% of the company's stock.
Camping World Company Profile
(Get Free Report)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.
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