Camping World Holdings Inc (NYSE:CWH)’s share price gapped up prior to trading on Monday . The stock had previously closed at $8.78, but opened at $8.29. Camping World shares last traded at $8.58, with a volume of 23,176 shares traded.

CWH has been the subject of a number of recent analyst reports. Monness Crespi & Hardt reissued a “buy” rating and issued a $14.00 price objective (down previously from $19.00) on shares of Camping World in a research report on Thursday, August 8th. Bank of America cut Camping World from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $15.00 to $13.00 in a research report on Thursday, May 9th. Zacks Investment Research raised Camping World from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 7th. JPMorgan Chase & Co. cut Camping World from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $19.00 to $11.00 in a research report on Thursday, August 8th. Finally, Robert W. Baird cut Camping World from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $18.00 to $12.00 in a research report on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. Camping World currently has a consensus rating of “Hold” and an average target price of $13.68.

The stock has a 50-day simple moving average of $10.52 and a 200 day simple moving average of $12.56. The company has a current ratio of 1.35, a quick ratio of 0.26 and a debt-to-equity ratio of 79.52. The company has a market cap of $757.49 million, a price-to-earnings ratio of 7.49, a PEG ratio of 1.38 and a beta of 2.91.

Camping World (NYSE:CWH) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.64 by ($0.19). Camping World had a negative return on equity of 9.12% and a negative net margin of 0.37%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. During the same period in the prior year, the firm posted $0.96 EPS. The business’s revenue was up 2.3% compared to the same quarter last year. As a group, research analysts forecast that Camping World Holdings Inc will post 0.53 EPS for the current fiscal year.

In related news, major shareholder Abrams Capital Management, L.P acquired 44,468 shares of Camping World stock in a transaction on Thursday, May 23rd. The stock was acquired at an average price of $11.04 per share, for a total transaction of $490,926.72. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Marcus Lemonis acquired 8,410 shares of Camping World stock in a transaction on Thursday, June 6th. The shares were bought at an average price of $11.91 per share, with a total value of $100,163.10. Following the purchase, the insider now directly owns 207,504 shares in the company, valued at approximately $2,471,372.64. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 330,647 shares of company stock valued at $3,386,196. 49.40% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CWH. CSat Investment Advisory L.P. purchased a new position in shares of Camping World during the 2nd quarter valued at about $26,000. Aperio Group LLC purchased a new position in shares of Camping World in the 2nd quarter valued at about $54,000. Nisa Investment Advisors LLC increased its stake in shares of Camping World by 3,125.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 5,160 shares of the company’s stock valued at $64,000 after purchasing an additional 5,000 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of Camping World by 52,007.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,774 shares of the company’s stock valued at $94,000 after purchasing an additional 6,761 shares in the last quarter. Finally, Camelot Portfolios LLC purchased a new position in shares of Camping World in the 2nd quarter valued at about $124,000. Institutional investors and hedge funds own 41.83% of the company’s stock.

Camping World Company Profile (NYSE:CWH)

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

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