Camping World Holdings, Inc. (CWH)
NYSEConsumer DiscretionaryAuto - DealershipsSnapshot 2026-09-04
$6.96+3.57%
Close 2026-09-04 · 1-day change
NYSEConsumer DiscretionaryAuto - DealershipsSnapshot 2026-09-04
QuarterlyIQ Insights · CWH
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -55.4% |
| Our one-year growth estimate | diamond | 2.8% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 58.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 14 industry peers
CWH — credit agreement
Dated 2026-08-31
Entry into a Material Definitive Agreement. On August 25, 2026, certain subsidiaries (the “ Borrowers ” ) of FRHP Lincolnshire, LLC ( “ Holdings ” ), each indirect subsidiaries of Camping World Holdings, Inc. (the “ Company ” ), entered into an Amended and Restated Credit Agreement ( “ A&R Mortgage Facility ” ) with Manufacturers and Traders Trust Company ( “ M&T ” ), as administrative agent, and the other lenders party thereto. The A&R Mortgage Facility amends and restates in its entirety th…
Why it matters: Updates on market share will indicate progress towards the goal of 20%+ market share.
Watch forManagement reports market share growth above 20% in Q2.
Also watch forManagement says market share is flat or falling in Q2.
Why it matters: More unit sales would help increase market share. It would also show signs of recovery.
Supportive ifNew and used vehicle unit sales increase year over year in Q2.
Worry ifNew and used vehicle unit sales decline year over year in Q2.
Why it matters: Cutting SG&A expenses is key for making more money and hitting cost goals.
Supportive ifSG&A expenses decrease by more than $25 million in Q3 compared to Q2.
Worry ifSG&A expenses increase or decrease by less than $25 million in Q3.
Why it matters: Growth in used vehicle sales shows strong demand and gains in market share.
Supportive ifSame-store used vehicle unit sales increase by more than 5% in Q3.
Worry ifSame-store used vehicle unit sales decline or grow less than 5% in Q3.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$301 on $10,000 · ±3.0% | How much price usually moves either way. |
| Bad day | $710 loss on $10,000 · 7.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,794 loss on $10,000 · 67.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: More drops would show weakness in the RV market and hurt revenue.
Worry ifNew vehicle unit sales decline more than 10% year over year in Q3.
Less concerning ifNew vehicle unit sales increase or decline less than 10% year over year in Q3.
Why it matters: If revenue grows, it may show a recovery in consumer spending.
Supportive ifThe July earnings report shows revenue growth above 0% year over year.
Worry ifRevenue continues to decline year over year in the July earnings report.
Why it matters: Hitting this target would show recovery from the earnings miss in Q2. It shows better operational performance.
Supportive ifQ3 Adjusted EBITDA is reported at $112 million or more.
Worry ifQ3 Adjusted EBITDA is less than $100 million.
Why it matters: Stable registrations may mean people feel better and want more RVs.
Supportive ifNew RV registrations in August show no decline or an increase compared to July.
Worry ifNew RV registrations in August fell more compared to July.
Why it matters: Meeting this target would show good cost control and efficient operations.
Supportive ifSG&A expenses reported below $360 million in Q3.
Worry ifSG&A expenses reported above $370 million in Q3.
Why it matters: This report will give insights into performance and progress on management's goals.
Watch forEarnings report shows positive trends in revenue and margins.
Also watch forThe earnings report shows ongoing declines in revenue and margins.