Camping World seeing accelerating market share gains, says Roth MKM

Roth MKM keeps a Buy rating and $30 price target on Camping World ahead of its Q1 results this week. The company’s near-term results should continue to exhibit a difficult RV market, but the firm also sees accelerating shares gains for Camping World in new RV sales as well as the company’s ability to service a larger, post-pandemic RV parc, with consumers remaining engaged in the lifestyle and factoring the onset of RV wear and tear cycle, the analyst tells investors in a research note.