Other equities analysts have also issued research reports about the company. Monness Crespi & Hardt lowered their price target on Camping World from $55.00 to $35.00 and set a buy rating on the stock in a report on Wednesday, May 9th. ValuEngine lowered Camping World from a strong-buy rating to a buy rating in a report on Thursday, April 12th. Credit Suisse Group set a $42.00 price objective on Camping World and gave the company a buy rating in a report on Tuesday, June 12th. Zacks Investment Research raised Camping World from a strong sell rating to a hold rating in a report on Monday, August 6th. Finally, Robert W. Baird lowered their price objective on Camping World from $52.00 to $35.00 and set an in-line rating on the stock in a report on Wednesday, May 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of $40.45.
Shares of NYSE CWH traded down $1.24 during midday trading on Thursday, reaching $19.67. 1,782,002 shares of the company were exchanged, compared to its average volume of 1,767,034. The company has a quick ratio of 0.38, a current ratio of 1.47 and a debt-to-equity ratio of 13.09. Camping World has a 1 year low of $18.16 and a 1 year high of $47.62. The firm has a market cap of $1.83 billion, a P/E ratio of 8.59, a P/E/G ratio of 0.70 and a beta of 1.75.
In related news, insider Marcus Lemonis purchased 8,000 shares of Camping World stock in a transaction dated Wednesday, May 16th. The stock was bought at an average cost of $22.11 per share, for a total transaction of $176,880.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Andris A. Baltins purchased 5,000 shares of Camping World stock in a transaction dated Wednesday, May 16th. The shares were bought at an average price of $21.70 per share, with a total value of $108,500.00. The disclosure for this purchase can be found here. Insiders acquired a total of 48,000 shares of company stock worth $997,280 in the last ninety days. 49.20% of the stock is owned by corporate insiders.
Several hedge funds have recently bought and sold shares of CWH. Third Point LLC acquired a new stake in shares of Camping World during the 2nd quarter valued at approximately $70,568,000. Wasatch Advisors Inc. acquired a new stake in shares of Camping World during the 2nd quarter valued at approximately $49,535,000. J. L. Bainbridge & Co. Inc. acquired a new stake in shares of Camping World during the 2nd quarter valued at approximately $22,520,000. Point72 Asset Management L.P. acquired a new stake in shares of Camping World during the 1st quarter valued at approximately $22,782,000. Finally, Cortina Asset Management LLC lifted its position in shares of Camping World by 576.3% during the 2nd quarter. Cortina Asset Management LLC now owns 727,924 shares of the company’s stock valued at $18,184,000 after acquiring an additional 620,294 shares during the period. Institutional investors own 45.05% of the company’s stock.
Camping World Company Profile
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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