Camping World (NYSE:CWH) Price Target Cut to $16.00 by Analysts at KeyCorp

Camping World (NYSE:CWH - Get Free Report) had its target price decreased by investment analysts at KeyCorp from $22.00 to $16.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an "overweight" rating on the stock. KeyCorp's price target suggests a potential upside of 30.14% from the company's previous close.

CWH has been the subject of a number of other reports. Truist Financial lowered their price target on shares of Camping World from $28.00 to $16.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Robert W. Baird reaffirmed a "neutral" rating and set a $18.00 price objective (down previously from $28.00) on shares of Camping World in a research report on Friday, April 4th. Baird R W downgraded Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, Bank of America assumed coverage on Camping World in a research note on Thursday, December 19th. They issued a "buy" rating and a $30.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Camping World has a consensus rating of "Moderate Buy" and a consensus price target of $23.63.

Camping World Trading Up 2.1 %

Shares of Camping World stock traded up $0.25 during midday trading on Thursday, reaching $12.29. 1,166,321 shares of the company's stock traded hands, compared to its average volume of 1,324,529. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The stock has a 50 day moving average of $16.79 and a 200-day moving average of $20.62. The company has a market cap of $1.25 billion, a PE ratio of -17.80, a price-to-earnings-growth ratio of 0.92 and a beta of 2.32. Camping World has a 12 month low of $11.17 and a 12 month high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last posted its earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.55). The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. As a group, equities analysts expect that Camping World will post -0.66 EPS for the current fiscal year.

Insider Buying and Selling at Camping World

In related news, President Matthew D. Wagner bought 5,725 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the acquisition, the president now owns 300,640 shares of the company's stock, valued at $5,294,270.40. This trade represents a 1.94 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 35.60% of the company's stock.

Institutional Trading of Camping World

Large investors have recently modified their holdings of the company. Blue Trust Inc. lifted its stake in shares of Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after purchasing an additional 1,014 shares during the period. Byrne Asset Management LLC bought a new position in Camping World in the 1st quarter worth $44,000. Mpwm Advisory Solutions LLC bought a new stake in Camping World during the fourth quarter valued at about $63,000. Sandia Investment Management LP bought a new position in shares of Camping World in the fourth quarter worth about $105,000. Finally, Summit Investment Advisors Inc. grew its stake in shares of Camping World by 33.4% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock valued at $117,000 after acquiring an additional 1,390 shares during the period. Institutional investors own 52.54% of the company's stock.

Camping World Company Profile

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.