Raymond James & Associates Purchases 940 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Posted by on Nov 4th, 2023

Raymond James & Associates lifted its position in shares of Camping World Holdings, Inc. (NYSE:CWH – Free Report) by 2.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 35,158 shares of the company’s stock after acquiring an additional 940 shares during the quarter. Raymond James & Associates’ holdings in Camping World were worth $1,058,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CWH. Bank of New York Mellon Corp boosted its position in Camping World by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 525,929 shares of the company’s stock worth $14,700,000 after purchasing an additional 17,443 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in Camping World by 63.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 45,766 shares of the company’s stock worth $1,279,000 after buying an additional 17,848 shares during the period. MetLife Investment Management LLC grew its stake in Camping World by 51.1% in the 1st quarter. MetLife Investment Management LLC now owns 23,224 shares of the company’s stock valued at $649,000 after buying an additional 7,855 shares in the last quarter. Great West Life Assurance Co. Can raised its holdings in Camping World by 12,962.0% during the 1st quarter. Great West Life Assurance Co. Can now owns 369,786 shares of the company’s stock valued at $10,318,000 after acquiring an additional 366,955 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Camping World by 16.5% during the first quarter. Dimensional Fund Advisors LP now owns 387,593 shares of the company’s stock worth $10,835,000 after acquiring an additional 55,017 shares in the last quarter. Hedge funds and other institutional investors own 39.64% of the company’s stock.

Camping World Price Performance

CWH opened at $19.13 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.20 and a debt-to-equity ratio of 6.36. The stock has a market capitalization of $1.61 billion, a P/E ratio of 86.96 and a beta of 2.68. The stock has a 50-day moving average price of $19.93 and a 200-day moving average price of $24.79. Camping World Holdings, Inc. has a 12-month low of $16.18 and a 12-month high of $32.88.

Camping World (NYSE:CWH – Get Free Report) last issued its earnings results on Tuesday, August 1st. The company reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.14). The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.98 billion. Camping World had a return on equity of 19.54% and a net margin of 0.23%. Equities analysts predict that Camping World Holdings, Inc. will post 0.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Truist Financial decreased their price objective on Camping World from $35.00 to $28.00 and set a “buy” rating on the stock in a research note on Friday, September 15th. Raymond James cut shares of Camping World from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 18th. Jefferies Financial Group lowered their target price on shares of Camping World from $25.00 to $19.00 in a research note on Thursday, October 5th. Citigroup reduced their price target on shares of Camping World from $32.00 to $26.00 and set a “buy” rating for the company in a research report on Tuesday, October 17th. Finally, JPMorgan Chase & Co. lowered their price objective on Camping World from $33.00 to $32.00 and set an “overweight” rating on the stock in a research report on Monday, August 7th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.90.

Check Out Our Latest Research Report on CWH

Camping World Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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