Camping World (NYSE:CWH – Get Rating) Its price target was raised from $32.00 to $36.00 by Raymond James in a report published Thursday, reports Benzinga. The company currently has an Outperform rating on the stock. Raymond James’ price target would suggest a potential upside of 24.05% from the stock’s current price.
CWH has been the subject of several other research reports. Truist Financial lowered its price target on shares of Camping World to $26.00 in a report on Thursday, May 26. DA Davidson opened coverage of Camping World stock in a report on Wednesday, April 13. They issued a “neutral” rating and a price target of $29.00 on the stock. TheStreet downgraded shares of Camping World from a “b-” rating to a “c+” rating in a report Monday, April 25. Finally, Monness Crespi & Hardt raised its price target on shares of Camping World from $32.00 to $36.00 and gave the company a “buy” rating in a report on Thursday. Four research analysts have rated the stock with a hold rating and two with a buy rating. Based on data from MarketBeat, the company currently has an average rating of Hold and an average target price of $37.50.
Camping World inventory down 1.7%
Camping World shares opened at $29.02 on Thursday. The company has a gearing ratio of 6.98, a quick ratio of 0.23 and a current ratio of 1.33. Camping World has a 52-week low of $20.85 and a 52-week high of $46.77. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 5.49 and a beta of 2.79. The company’s 50-day moving average price is $24.99 and its 200-day moving average price is $28.09.
Camping World (NYSE:CWH – Get Rating) last released its quarterly earnings results on Tuesday, August 2nd. The company reported earnings per share of $2.16 for the quarter, beating the consensus estimate of $1.95 by $0.21. Camping World had a net margin of 3.31% and a return on equity of 93.03%. In the same period last year, the company earned $2.40 per share. Equity analysts are forecasting that Camping World will post 5.04 EPS for the year to date.
Insider transactions at Camping World
In related news, CEO Marcus Lemonis acquired 38,350 shares of the stock in a transaction on Friday, June 10. The stock was purchased at an average price of $26.36 per share for a total value of $1,010,906.00. Following the transaction, the Chief Executive Officer now directly owns 121,450 shares of the Company, valued at $3,201,422. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 47.50% of the shares are owned by insiders.
Hedge funds weigh on Camping World
Several large investors have recently changed their holdings in CWH. 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 buying another 500 shares last quarter. Rise Advisors LLC acquired a new position in Camping World valued at approximately $28,000 during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in Camping World valued at around $40,000 in Q4. Creative Financial Designs Inc. ADV acquired a new position in Camping World valued at approximately $37,000 during the first quarter. Finally, during Q4, MBM Wealth Consultants LLC acquired a new position in Camping World valued at approximately $54,000. Hedge funds and other institutional investors own 84.47% of the company’s shares.
About camping world
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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