Shares of Camping World Holdings Inc (NYSE:CWH) have been given a consensus recommendation of “Hold” by the thirteen brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $13.68.

Several equities analysts have recently issued reports on the company. Northcoast Research assumed coverage on Camping World in a research report on Friday, June 14th. They issued a “buy” rating and a $15.00 price target for the company. Bank of America downgraded Camping World from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $15.00 to $13.00 in a report on Thursday, May 9th. JPMorgan Chase & Co. downgraded Camping World from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $19.00 to $11.00 in a report on Thursday, August 8th. Monness Crespi & Hardt reiterated a “buy” rating and issued a $14.00 price objective (down from $19.00) on shares of Camping World in a report on Thursday, August 8th. Finally, BMO Capital Markets reduced their price objective on Camping World from $11.00 to $9.00 and set a “market perform” rating for the company in a report on Friday.

Camping World stock traded down $0.05 on Thursday, hitting $8.40. 952,713 shares of the stock traded hands, compared to its average volume of 882,337. The company has a debt-to-equity ratio of 264.05, a quick ratio of 0.22 and a current ratio of 1.35. The stock has a market capitalization of $738.53 million, a price-to-earnings ratio of 7.50, a P/E/G ratio of 1.49 and a beta of 2.91. The firm has a fifty day moving average of $11.13. Camping World has a 1 year low of $8.32 and a 1 year high of $23.60.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.19). The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Camping World had a negative net margin of 0.37% and a negative return on equity of 7.82%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.96 EPS. On average, equities analysts forecast that Camping World will post 0.53 EPS for the current year.

In other news, insider Marcus Lemonis purchased 8,410 shares of the business’s stock in a transaction on Thursday, June 6th. The stock was acquired at an average cost of $11.91 per share, for a total transaction of $100,163.10. Following the purchase, the insider now directly owns 207,504 shares in the company, valued at approximately $2,471,372.64. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Abrams Capital Management, L.P purchased 178,659 shares of the business’s stock in a transaction on Tuesday, May 28th. The shares were purchased at an average price of $11.04 per share, with a total value of $1,972,395.36. The disclosure for this purchase can be found here. Insiders purchased a total of 231,537 shares of company stock valued at $2,563,485 over the last quarter. 49.40% of the stock is owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. Abrams Capital Management L.P. grew its stake in shares of Camping World by 2.2% during the 1st quarter. Abrams Capital Management L.P. now owns 3,945,362 shares of the company’s stock valued at $54,880,000 after acquiring an additional 86,554 shares during the period. Truvestments Capital LLC bought a new position in shares of Camping World during the 1st quarter valued at approximately $122,000. Norges Bank bought a new position in shares of Camping World during the 4th quarter valued at approximately $189,000. Factorial Partners LLC bought a new position in shares of Camping World during the 1st quarter valued at approximately $362,000. Finally, Legal & General Group Plc grew its stake in shares of Camping World by 6.4% during the 4th quarter. Legal & General Group Plc now owns 12,426 shares of the company’s stock valued at $143,000 after acquiring an additional 745 shares during the period. Institutional investors own 40.00% of the company’s stock.

Camping World Company Profile

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

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Analyst Recommendations for Camping World (NYSE:CWH)

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