Camping World Holdings, Inc. (NYSE:CWH) Receives $26.88 Consensus PT from Analysts

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been assigned a consensus recommendation of “Buy” from the six analysts that are covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have covered the stock in the last year is $25.43.

CWH has been the topic of a number of research reports. Truist Financial dropped their price objective on Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. KeyCorp dropped their price target on shares of Camping World from $26.00 to $25.00 and set an “overweight” rating on the stock in a research report on Friday, August 2nd. Monness Crespi & Hardt reduced their price objective on shares of Camping World from $29.00 to $24.00 and set a “buy” rating for the company in a research report on Wednesday, June 26th. Roth Mkm dropped their target price on shares of Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Monday. Finally, StockNews.com lowered shares of Camping World from a “hold” rating to a “sell” rating in a research note on Friday, May 10th.

Camping World Stock Up 0.2 %

Camping World stock opened at $20.07 on Wednesday. Camping World has a 52 week low of $16.18 and a 52 week high of $29.24. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of -501.62 and a beta of 2.54. The company’s 50-day moving average price is $19.81 and its two-hundred day moving average price is $22.68. The company has a current ratio of 1.19, a quick ratio of 0.17 and a debt-to-equity ratio of 11.24.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.87 billion. Camping World had a negative net margin of 0.22% and a negative return on equity of 9.50%. Camping World’s revenue was down 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.60 EPS. On average, analysts expect that Camping World will post 0.79 EPS for the current fiscal year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Thursday, June 13th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.49%. The ex-dividend date was Thursday, June 13th. Camping World’s dividend payout ratio (DPR) is currently -1,249.69%.

Institutional Investors Weigh In On Camping World

Several hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC acquired a new position in Camping World in the 4th quarter valued at approximately $207,000. Raymond James & Associates increased its holdings in Camping World by 16.8% in the fourth quarter. Raymond James & Associates now owns 29,522 shares of the company’s stock worth $775,000 after buying an additional 4,256 shares during the last quarter. Camelot Portfolios LLC increased its holdings in Camping World by 28.4% in the fourth quarter. Camelot Portfolios LLC now owns 22,600 shares of the company’s stock worth $593,000 after buying an additional 5,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Camping World by 9.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,181 shares of the company’s stock valued at $504,000 after acquiring an additional 1,712 shares in the last quarter. Finally, TCG Advisory Services LLC acquired a new stake in Camping World in the fourth quarter valued at approximately $2,203,000. 52.54% of the stock is 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 in the United States. 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.