Camping World Holdings, Inc. (NYSE:CWH) Receives $27.71 Average PT from Analysts

Shares of Camping World Holdings, Inc. (NYSE:CWH) have earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $27.71.

CWH has been the subject of several recent analyst reports. Truist Financial raised their price target on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Monday, February 10th. Roth Mkm reissued a “buy” rating and issued a $28.00 price target (up from $26.00) on shares of Camping World in a report on Wednesday, October 30th. KeyCorp lifted their price objective on Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Finally, Raymond James raised Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective for the company in a report on Wednesday, October 30th.

Hedge Funds Weigh In On Camping World

Institutional investors have recently made changes to their positions in the stock. Quest Partners LLC raised its holdings in shares of Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after acquiring an additional 1,299 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares during the last quarter. Mpwm Advisory Solutions LLC acquired a new position in shares of Camping World in the fourth quarter worth $63,000. Sandia Investment Management LP acquired a new position in shares of Camping World in the fourth quarter worth $105,000. Finally, Summit Investment Advisors Inc. raised its holdings in shares of Camping World by 33.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock worth $117,000 after acquiring an additional 1,390 shares during the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Stock Down 4.8 %

CWH opened at $20.30 on Friday. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The business has a 50 day simple moving average of $22.13 and a 200-day simple moving average of $22.52. The stock has a market capitalization of $1.72 billion, a P/E ratio of -29.41, a P/E/G ratio of 0.92 and a beta of 2.49. Camping World has a 12 month low of $17.29 and a 12 month high of $28.72.

Camping World Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be issued a $0.125 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.46%. Camping World’s dividend payout ratio (DPR) is -72.46%.

About Camping World

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.