Camping World Holdings, Inc. (NYSE:CWH – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 5,050,000 shares, a growth of 5.2% from the October 15th total of 4,800,000 shares. Based on an average daily volume of 1,050,000 shares, the short-interest ratio is presently 4.8 days. Approximately 12.4% of the shares of the stock are sold short.
Camping World Trading Up 3.4 %
Shares of NYSE:CWH traded up $0.71 during trading on Friday, reaching $21.60. 888,378 shares of the stock were exchanged, compared to its average volume of 1,101,217. Camping World has a 12-month low of $16.18 and a 12-month high of $32.88. The firm’s 50-day moving average price is $19.05 and its 200 day moving average price is $24.65. The company has a debt-to-equity ratio of 6.06, a quick ratio of 0.20 and a current ratio of 1.31. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 98.19 and a beta of 2.68.
Analyst Upgrades and Downgrades
CWH has been the topic of several analyst reports. Jefferies Financial Group decreased their price target on shares of Camping World from $25.00 to $19.00 in a research note on Thursday, October 5th. Truist Financial lowered their target price on shares of Camping World from $35.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, September 15th. KeyCorp decreased their price objective on Camping World from $28.00 to $25.00 and set an “overweight” rating on the stock in a report on Friday, November 3rd. Northcoast Research upgraded Camping World from a “neutral” rating to a “buy” rating and set a $40.00 target price for the company in a research note on Tuesday, July 25th. Finally, StockNews.com initiated coverage on Camping World in a research note on Thursday, October 5th. They issued a “hold” rating on the stock. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $29.90.
Institutional Investors Weigh In On Camping World
Institutional investors have recently bought and sold shares of the business. Exchange Traded Concepts LLC acquired a new position in shares of Camping World during the 2nd quarter valued at $404,000. Vise Technologies Inc. boosted its position in shares of Camping World by 13.0% in the first quarter. Vise Technologies Inc. now owns 14,775 shares of the company’s stock worth $308,000 after buying an additional 1,696 shares during the period. Advisors Asset Management Inc. grew its stake in shares of Camping World by 10.3% in the first quarter. Advisors Asset Management Inc. now owns 480,125 shares of the company’s stock valued at $10,020,000 after buying an additional 44,769 shares in the last quarter. Camelot Portfolios LLC raised its holdings in shares of Camping World by 27.6% during the 2nd quarter. Camelot Portfolios LLC now owns 23,100 shares of the company’s stock valued at $695,000 after buying an additional 5,000 shares during the period. Finally, SFE Investment Counsel lifted its position in Camping World by 18.3% during the 1st quarter. SFE Investment Counsel now owns 120,972 shares of the company’s stock worth $2,640,000 after acquiring an additional 18,682 shares in the last quarter. 39.64% of the stock is currently owned by hedge funds and other institutional investors.
Camping World Company Profile
Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services. 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.
- Five stocks we like better than Camping World
- Profitably Trade Stocks at 52-Week Highs
- 3 large caps with red hot RSIs with upside
- How to Invest in Solar Energy
- Johnson Controls International: Nothing but upside for investors
- What is a Mid Cap Stock? How to Invest
- Unity Software’s resilient rebound post-earnings setback
Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.