Camping World (NYSE:CWH) was downgraded by research analysts at TheStreet from a “c-” rating to a “d+” rating in a note issued to investors on Tuesday.
Other equities analysts have also issued reports about the company. ValuEngine lowered Camping World from a “strong-buy” rating to a “buy” rating in a research note on Thursday. BMO Capital Markets lifted their price objective on Camping World from $53.00 to $62.00 and gave the stock an “outperform” rating in a research note on Thursday, March 1st. Zacks Investment Research upgraded Camping World from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Monday, January 29th. Credit Suisse Group set a $52.00 price objective on Camping World and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Finally, KeyCorp set a $52.00 price objective on Camping World and gave the stock a “buy” rating in a research note on Wednesday, February 28th. One investment analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Camping World presently has an average rating of “Buy” and a consensus target price of $49.00.
NYSE CWH opened at $28.24 on Tuesday. Camping World has a fifty-two week low of $26.30 and a fifty-two week high of $47.62. The company has a debt-to-equity ratio of 9.99, a quick ratio of 0.29 and a current ratio of 1.36. The stock has a market cap of $2,571.50, a price-to-earnings ratio of 12.33, a P/E/G ratio of 0.76 and a beta of 2.83.
Camping World (NYSE:CWH) last posted its earnings results on Tuesday, February 27th. The company reported $0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.02. The company had revenue of $888.99 million for the quarter, compared to analyst estimates of $804.84 million. Camping World had a positive return on equity of 384.26% and a negative net margin of 0.42%. analysts anticipate that Camping World will post 2.9 earnings per share for the current fiscal year.
In related news, CEO Marcus Lemonis sold 130,000 shares of Camping World stock in a transaction dated Thursday, March 15th. The stock was sold at an average price of $35.51, for a total transaction of $4,616,300.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 49.20% of the stock is owned by company insiders.
A number of hedge funds have recently added to or reduced their stakes in CWH. Citadel Advisors LLC grew its position in Camping World by 1,380.3% during the fourth quarter. Citadel Advisors LLC now owns 1,343,779 shares of the company’s stock worth $60,107,000 after buying an additional 1,253,001 shares in the last quarter. Carillon Tower Advisers Inc. acquired a new stake in Camping World during the fourth quarter worth about $41,840,000. Glenmede Trust Co. NA acquired a new stake in Camping World during the fourth quarter worth about $41,478,000. Lodge Hill Capital LLC acquired a new stake in Camping World during the fourth quarter worth about $38,244,000. Finally, Millennium Management LLC grew its position in Camping World by 117.2% during the fourth quarter. Millennium Management LLC now owns 932,305 shares of the company’s stock worth $41,702,000 after buying an additional 503,079 shares in the last quarter. 42.80% of the stock is currently owned by institutional investors and hedge funds.
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About Camping World
Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co-branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories.
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