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Investing.com - BMO Capital has lowered its price target on Camping World Holdings (NYSE:CWH) to $25.00 from $30.00 while maintaining an Outperform rating on the stock. The company’s shares currently trade at $14.93, having declined nearly 17% in the past week. According to InvestingPro data, the stock offers a 3.35% dividend yield, with a consistent 10-year dividend payment history.
The price target reduction comes as consumers increasingly gravitate toward more affordable recreational vehicle units, creating average selling price (ASP) pressure for the company.
BMO Capital notes that Camping World continues to significantly outperform the broader RV market from a retail standpoint, demonstrating strong market share gains despite industry challenges.
The research firm indicates that ASP pressure has proven to be a more meaningful headwind than previously anticipated, forcing Camping World to push out its prior selling, general and administrative expense (SG&A) targets.
BMO Capital supports Camping World’s decision to prioritize market share rather than overreacting to the current market environment, which factored into maintaining the Outperform rating despite the lower price target.
In other recent news, Camping World Holdings Inc . announced its second-quarter earnings for 2025, showcasing a notable increase in revenue but a slight shortfall in earnings per share (EPS) compared to expectations. The company reported revenue of 2 billion dollars, which exceeded forecasts. However, EPS was recorded at 0.57 dollars, just below the anticipated 0.6 dollars. These developments highlight a mixed financial performance for the quarter. Despite the earnings miss, the company’s revenue growth remains a positive indicator. There was no mention of mergers or acquisitions in the recent updates. Additionally, analyst firms have not recently upgraded or downgraded Camping World’s stock. Investors will likely keep an eye on how the company addresses the earnings shortfall in future quarters.
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