Camping World (NYSE:CWH) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday, February 2nd.
CWH has been the topic of a number of other research reports. Robert W. Baird reiterated a “buy” rating and issued a $40.00 price objective on shares of Camping World in a report on Friday, October 27th. Wells Fargo & Co reiterated an “outperform” rating and issued a $48.00 price objective (up previously from $37.00) on shares of Camping World in a report on Tuesday, November 7th. They noted that the move was a valuation call. Monness Crespi & Hardt reiterated a “buy” rating and issued a $47.00 price objective (up previously from $40.00) on shares of Camping World in a report on Tuesday, October 24th. Stephens increased their price objective on Camping World from $44.00 to $50.00 and gave the company an “overweight” rating in a report on Monday, October 30th. Finally, Forward View reiterated a “buy” rating and issued a $45.00 price objective on shares of Camping World in a report on Monday, November 13th. One equities research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Camping World has an average rating of “Buy” and a consensus price target of $47.38.
Camping World (CWH) opened at $39.42 on Friday. Camping World has a 1-year low of $26.30 and a 1-year high of $47.62. The company has a market capitalization of $3,440.00 and a PE ratio of 20.42. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.29 and a quick ratio of 0.29.
In other Camping World news, insider Brent L. Moody sold 100,000 shares of Camping World stock in a transaction that occurred on Thursday, December 28th. The stock was sold at an average price of $45.47, for a total value of $4,547,000.00. Following the transaction, the insider now directly owns 193,494 shares in the company, valued at approximately $8,798,172.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Roger L. Nuttall sold 33,555 shares of Camping World 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 completion of the transaction, the insider now owns 156,055 shares in the company, valued at $7,144,197.90. The disclosure for this sale can be found here. Company insiders own 66.60% of the company’s stock.
Several hedge funds have recently made changes to their positions in CWH. Schwab Charles Investment Management Inc. grew its stake in shares of Camping World by 71.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 74,643 shares of the company’s stock valued at $2,303,000 after purchasing an additional 31,023 shares during the last quarter. Rhumbline Advisers grew its stake in shares of Camping World by 17.4% in the 2nd quarter. Rhumbline Advisers now owns 14,443 shares of the company’s stock valued at $446,000 after purchasing an additional 2,145 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Camping World by 34.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 56,411 shares of the company’s stock valued at $1,740,000 after purchasing an additional 14,523 shares during the last quarter. Legal & General Group Plc grew its stake 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 valued at $103,000 after purchasing an additional 211 shares during the last quarter. Finally, Swiss National Bank purchased a new position in shares of Camping World in the 2nd quarter valued at approximately $1,098,000. Institutional investors own 36.43% of the company’s stock.
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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.
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