Northcoast Research began coverage on shares of Camping World (NYSE:CWH) in a report released on Friday, January 26th, Marketbeat reports. The brokerage issued a buy rating and a $56.00 price objective on the stock.
Other analysts have also issued research reports about the company. BMO Capital Markets reaffirmed an outperform rating and set a $53.00 price objective (up previously from $40.00) on shares of Camping World in a research note on Monday, October 30th. ValuEngine downgraded Camping World from a buy rating to a hold rating in a research report on Monday, October 2nd. Credit Suisse Group reiterated a buy rating on shares of Camping World in a research report on Sunday, October 1st. Zacks Investment Research downgraded Camping World from a buy rating to a hold rating in a research report on Monday, October 16th. Finally, Bank of America raised their price objective on Camping World from $42.00 to $48.00 and gave the stock a buy rating in a report on Tuesday, October 31st. One analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Camping World presently has an average rating of Buy and a consensus price target of $47.38.
Shares of Camping World (CWH) opened at $42.25 on Friday. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.29 and a current ratio of 1.29. The company has a market capitalization of $3,690.00 and a price-to-earnings ratio of 21.89. Camping World has a 52 week low of $26.30 and a 52 week high of $47.62.
In other Camping World news, insider Brent L. Moody sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 28th. The stock was sold at an average price of $45.47, for a total transaction of $4,547,000.00. Following the completion of the sale, the insider now owns 193,494 shares in the company, valued at approximately $8,798,172.18. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Roger L. Nuttall sold 33,555 shares of the firm’s stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $45.78, for a total value of $1,536,147.90. Following the sale, the insider now owns 156,055 shares of the company’s stock, valued at approximately $7,144,197.90. The disclosure for this sale can be found here. Company insiders own 66.60% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of CWH. Legal & General Group Plc lifted its holdings in shares of Camping World by 6.7% in the 2nd quarter. Legal & General Group Plc now owns 3,353 shares of the company’s stock worth $103,000 after purchasing an additional 211 shares during the last quarter. Sawgrass Asset Management LLC bought a new stake in shares of Camping World in the 3rd quarter worth approximately $203,000. M&T Bank Corp bought a new stake in shares of Camping World in the 4th quarter worth approximately $203,000. Quantitative Systematic Strategies LLC bought a new stake in Camping World during the 4th quarter valued at $269,000. Finally, Scotia Capital Inc. bought a new stake in Camping World during the 2nd quarter valued at $273,000. Institutional investors own 34.11% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Camping World (CWH) Coverage Initiated by Analysts at Northcoast Research” was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another site, it was illegally copied and reposted in violation of US and international copyright & trademark laws. The correct version of this story can be accessed at https://www.dispatchtribunal.com/2018/02/13/camping-world-cwh-research-coverage-started-at-northcoast-research.html.
About Camping World
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including 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.
Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.