StockNews.com Upgrades Camping World (NYSE:CWH) to “Hold”

Camping World (NYSE:CWH) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

Several other equities analysts also recently commented on CWH. Monness Crespi & Hardt upped their price target on shares of Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, September 27th. KeyCorp increased their price objective on shares of Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $24.00 price target (down from $25.00) on shares of Camping World in a report on Monday, October 21st. Raymond James upgraded Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective on the stock in a research report on Wednesday, October 30th. Finally, Roth Mkm restated a “buy” rating and set a $28.00 price target (up from $26.00) on shares of Camping World in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.75.

Camping World Trading Up 2.0 %

NYSE:CWH traded up $0.48 during trading hours on Thursday, hitting $24.16. The stock had a trading volume of 2,082,803 shares, compared to its average volume of 1,095,849. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. Camping World has a one year low of $17.29 and a one year high of $28.72. The business’s 50 day moving average is $22.91 and its 200-day moving average is $21.18. The company has a market cap of $2.05 billion, a price-to-earnings ratio of -35.01 and a beta of 2.49.

Insider Buying and Selling at Camping World

In other news, CEO Marcus Lemonis sold 121,450 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $21.80, for a total value of $2,647,610.00. Following the completion of the sale, the chief executive officer now directly owns 155,268 shares of the company’s stock, valued at $3,384,842.40. This trade represents a 43.89 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 43.80% of the company’s stock.

Institutional Trading of Camping World

Hedge funds and other institutional investors have recently made changes to their positions in the business. Quest Partners LLC raised its position in shares of Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after buying an additional 1,299 shares during the last quarter. Point72 DIFC Ltd acquired a new position in shares of Camping World during the second quarter worth $50,000. Russell Investments Group Ltd. boosted its holdings in Camping World by 6,495.0% in the first quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company’s stock valued at $110,000 after purchasing an additional 3,897 shares in the last quarter. Truvestments Capital LLC purchased a new position in shares of Camping World in the 3rd quarter valued at $165,000. Finally, ProShare Advisors LLC acquired a new stake in shares of Camping World during the first quarter worth about $209,000. Hedge funds and other institutional investors own 52.54% of the company’s stock.

About Camping World

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.