US Bancorp DE Takes $72,000 Position in Camping World $CWH

US Bancorp DE acquired a new stake in shares of Camping World (NYSE:CWH) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,446 shares of the company’s stock, valued at approximately $72,000.

A number of other large investors have also recently made changes to their positions in CWH. Hood River Capital Management LLC purchased a new stake in shares of Camping World during the fourth quarter valued at $62,142,000. Alyeska Investment Group L.P. purchased a new stake in shares of Camping World during the fourth quarter valued at $33,698,000. Interval Partners LP grew its holdings in shares of Camping World by 71.8% during the fourth quarter. Interval Partners LP now owns 2,875,845 shares of the company’s stock valued at $60,623,000 after buying an additional 1,202,258 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Camping World by 39.8% during the fourth quarter. Capital Research Global Investors now owns 3,422,710 shares of the company’s stock valued at $72,151,000 after buying an additional 975,168 shares during the last quarter. Finally, SG Capital Management LLC purchased a new stake in shares of Camping World during the fourth quarter valued at $19,732,000. 52.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CWH has been the subject of a number of research reports. Robert W. Baird decreased their target price on shares of Camping World from $18.00 to $15.00 and set a “neutral” rating for the company in a research report on Thursday, May 1st. Citigroup restated a “buy” rating and set a $23.00 target price (up from $21.00) on shares of Camping World in a research report on Monday, June 16th. KeyCorp boosted their target price on shares of Camping World from $18.00 to $21.00 and gave the company an “overweight” rating in a research report on Thursday. Truist Financial boosted their target price on shares of Camping World from $16.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, June 3rd. Finally, Raymond James Financial cut their price objective on shares of Camping World from $20.00 to $18.00 and set an “outperform” rating for the company in a report on Thursday, July 31st. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $21.78.

Camping World Trading Down 1.3%

Shares of Camping World stock opened at $17.03 on Tuesday. The firm has a 50-day simple moving average of $17.44 and a two-hundred day simple moving average of $17.06. The company has a market cap of $1.74 billion, a P/E ratio of -85.16 and a beta of 1.76. Camping World has a fifty-two week low of $11.17 and a fifty-two week high of $25.97. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.24 and a current ratio of 1.26.

Camping World (NYSE:CWH) last released its earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). The company had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Camping World had a negative return on equity of 2.81% and a negative net margin of 0.13%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 EPS. As a group, equities analysts predict that Camping World will post -0.66 earnings per share for the current fiscal year.

Camping World 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.