Camping World (NYSE:CWH) Trading Down 5.6%

Camping World Holdings Inc (NYSE:CWH) dropped 5.6% during trading on Tuesday . The stock traded as low as $14.75 and last traded at $14.91, approximately 737,103 shares were traded during trading. An increase of 28% from the average daily volume of 576,970 shares. The stock had previously closed at $15.80.

A number of research analysts have weighed in on the stock. ValuEngine cut shares of Camping World from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Zacks Investment Research upgraded shares of Camping World from a “sell” rating to a “hold” rating in a report on Tuesday, January 14th. Northcoast Research raised shares of Camping World from a “neutral” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Tuesday, January 14th. Finally, Citigroup upped their price target on shares of Camping World from $11.00 to $14.00 and gave the company a “buy” rating in a report on Monday, November 25th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $13.41.

The stock has a fifty day moving average of $15.59 and a 200-day moving average of $11.72. The company has a debt-to-equity ratio of 79.52, a quick ratio of 0.27 and a current ratio of 1.38. The company has a market cap of $1.38 billion, a PE ratio of -8.74, a PEG ratio of 13.62 and a beta of 3.27.

A number of hedge funds have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC lifted its position in shares of Camping World by 305.2% during the third quarter. Tower Research Capital LLC TRC now owns 2,905 shares of the company’s stock worth $26,000 after purchasing an additional 2,188 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Camping World in the fourth quarter worth about $55,000. Point72 Hong Kong Ltd purchased a new position in Camping World in the 4th quarter worth about $99,000. Oppenheimer Asset Management Inc. increased its stake in Camping World by 12.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 16,286 shares of the company’s stock worth $145,000 after buying an additional 1,786 shares during the period. Finally, California Public Employees Retirement System increased its stake in Camping World by 47.1% in the 3rd quarter. California Public Employees Retirement System now owns 17,500 shares of the company’s stock worth $156,000 after buying an additional 5,600 shares during the period. Institutional investors and hedge funds own 39.35% of the company’s stock.

About Camping World (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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