Nuveen LLC Takes $2.87 Million Position in Camping World $CWH

Nuveen LLC purchased a new position in shares of Camping World (NYSE:CWH) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 177,762 shares of the company’s stock, valued at approximately $2,873,000. Nuveen LLC owned approximately 0.17% of Camping World at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in CWH. Byrne Asset Management LLC bought a new stake in Camping World during the first quarter worth $44,000. Mpwm Advisory Solutions LLC acquired a new position in shares of Camping World during the 4th quarter worth $63,000. US Bancorp DE bought a new stake in shares of Camping World during the 1st quarter worth $72,000. Sandia Investment Management LP acquired a new stake in Camping World in the fourth quarter valued at about $105,000. Finally, CWM LLC grew its position in Camping World by 1,060.1% in the first quarter. CWM LLC now owns 7,645 shares of the company’s stock valued at $124,000 after acquiring an additional 6,986 shares during the last quarter. 52.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on CWH shares. Citigroup reissued a “buy” rating and issued a $23.00 target price (up previously from $21.00) on shares of Camping World in a report on Monday, June 16th. Raymond James Financial cut their target price on shares of Camping World from $20.00 to $18.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. JPMorgan Chase & Co. raised shares of Camping World from a “neutral” rating to an “overweight” rating and decreased their target price for the stock from $23.00 to $21.00 in a research note on Thursday, May 1st. Truist Financial increased their price target on Camping World from $16.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, June 3rd. Finally, Monness Crespi & Hardt cut their price objective on Camping World from $30.00 to $20.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.78.

Camping World Stock Down 1.4%

Shares of CWH opened at $17.46 on Friday. The stock’s 50-day moving average price is $17.28 and its two-hundred day moving average price is $16.84. Camping World has a 12 month low of $11.17 and a 12 month high of $25.97. The company has a market capitalization of $1.78 billion, a PE ratio of -87.30 and a beta of 1.76. The company has a current ratio of 1.26, a quick ratio of 0.24 and a debt-to-equity ratio of 3.12.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). Camping World had a negative return on equity of 2.81% and a negative net margin of 0.13%.The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter last year, the business earned $0.38 earnings per share. Camping World’s revenue was up 9.4% compared to the same quarter last year. On average, analysts anticipate that Camping World will post -0.66 EPS for the current year.

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.