Camping World (NYSE:CWH) Downgraded to “Sell” Rating by Wall Street Zen

Camping World (NYSE:CWH) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

A number of other analysts have also recently weighed in on CWH. Loop Capital initiated coverage on Camping World in a research note on Friday, October 31st. They issued a “buy” rating and a $17.00 price target on the stock. JPMorgan Chase & Co. lowered their price objective on Camping World from $22.00 to $19.00 and set an “overweight” rating for the company in a research report on Monday, November 3rd. KeyCorp cut their target price on Camping World from $18.00 to $12.00 and set an “overweight” rating on the stock in a research report on Thursday. Truist Financial decreased their target price on Camping World from $20.00 to $15.00 and set a “buy” rating for the company in a research note on Monday, November 10th. Finally, Citigroup lowered their price target on Camping World from $22.00 to $18.00 and set a “buy” rating for the company in a report on Friday, October 31st. Nine analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $15.80.

Camping World Stock Down 3.4%

Shares of NYSE:CWH opened at $8.32 on Friday. Camping World has a fifty-two week low of $8.07 and a fifty-two week high of $19.97. The firm’s 50 day moving average price is $11.84 and its 200 day moving average price is $13.51. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 3.29. The stock has a market cap of $850.75 million, a price-to-earnings ratio of -5.78 and a beta of 2.08.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Tuesday, February 24th. The company reported ($0.73) EPS for the quarter, missing analysts’ consensus estimates of ($0.63) by ($0.10). Camping World had a negative net margin of 1.41% and a negative return on equity of 3.09%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same period in the prior year, the company posted ($0.47) earnings per share. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. As a group, equities research analysts predict that Camping World will post -0.66 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Camping World

Several large investors have recently modified their holdings of the company. Quarry LP grew its position in shares of Camping World by 2,275.8% during the third quarter. Quarry LP now owns 1,568 shares of the company’s stock worth $25,000 after acquiring an additional 1,502 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Camping World during the 4th quarter worth $25,000. State of Wyoming acquired a new position in Camping World in the third quarter valued at $43,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Camping World in the third quarter valued at about $83,000. Finally, Russell Investments Group Ltd. boosted its stake in shares of Camping World by 923.8% during the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock worth $87,000 after buying an additional 4,998 shares during the period. 52.54% of the stock is owned by institutional investors and hedge funds.

Key Camping World News

Here are the key news stories impacting Camping World this week:

• Positive Sentiment: Management set a 2026 adjusted EBITDA target of $275M–$325M and said it will pause the dividend to prioritize deleveraging — a plan investors can view as a constructive step toward improving the balance sheet and credit profile. Article Title
• Positive Sentiment: Several brokers kept buy/overweight ratings (Roth MKM, Monness, BMO, KeyCorp) even after trimming price targets, which provides some analyst support beneath the shares. Article Title
• Neutral Sentiment: Revenue for Q4 (~$1.17B) came roughly in line with estimates, suggesting demand wasn’t the primary driver of the stock move — instead the hit came from tax and non‑operational items. Article Title
• Negative Sentiment: Multiple law firms have announced securities‑fraud investigations into CWH, increasing legal risk and investor uncertainty—these announcements typically pressure share prices until resolved. Article Title
• Negative Sentiment: Q4 results included a wider net loss (full‑year loss of $105.6M) driven largely by adjustments to deferred tax assets and a tax receivable agreement liability; management also suspended the cash dividend — both the accounting charges and dividend suspension are immediate negative catalysts. Article Title
• Negative Sentiment: Analysts reduced price targets (BMO to $16, KeyCorp to $12, Monness to $15) reflecting tempered near‑term expectations; price‑target cuts amplify downward pressure despite maintained buy/overweight stances. Article Title

Camping World Company Profile

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.