Camping World Holdings, Inc. (NYSE:CWH) Receives $27.75 Average PT from Analysts

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $27.75.

CWH has been the topic of several research analyst reports. Monness Crespi & Hardt increased their price target on shares of Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a report on Friday, September 27th. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a report on Thursday. Raymond James raised Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective on the stock in a report on Wednesday, October 30th. KeyCorp lifted their target price on Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Finally, Roth Mkm restated a “buy” rating and issued a $28.00 price target (up from $26.00) on shares of Camping World in a research note on Wednesday, October 30th.

Insider Activity

In other Camping World news, CEO Marcus Lemonis sold 125,000 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $22.84, for a total value of $2,855,000.00. Following the transaction, the chief executive officer now directly owns 155,268 shares of the company’s stock, valued at approximately $3,546,321.12. The trade was a 44.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 43.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. SG Capital Management LLC acquired a new position in shares of Camping World during the first quarter valued at about $3,889,000. Capital Research Global Investors boosted its holdings in Camping World by 31.2% in the first quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock worth $60,129,000 after acquiring an additional 513,320 shares in the last quarter. Coronation Fund Managers Ltd. grew its stake in Camping World by 42.8% in the second quarter. Coronation Fund Managers Ltd. now owns 228,676 shares of the company’s stock valued at $4,084,000 after acquiring an additional 68,517 shares during the period. Eminence Capital LP increased its holdings in shares of Camping World by 79.8% during the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock valued at $77,589,000 after acquiring an additional 1,927,977 shares in the last quarter. Finally, ProShare Advisors LLC acquired a new position in shares of Camping World during the first quarter worth approximately $209,000. Institutional investors and hedge funds own 52.54% of the company’s stock.

Camping World Trading Up 2.0 %

CWH stock opened at $24.16 on Friday. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of -35.01 and a beta of 2.49. The company has a fifty day moving average price of $22.91 and a two-hundred day moving average price of $21.18. Camping World has a one year low of $17.29 and a one year high of $28.72. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19.

Camping World Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.07%. Camping World’s payout ratio is currently -72.46%.

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.