Camping World Holdings, Inc. (NYSE:CWH) Receives $27.83 Average Target Price from Brokerages

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been given a consensus rating of “Buy” by the six research firms that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $27.83.

Several analysts have weighed in on CWH shares. Roth Mkm dropped their price objective on Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a report on Monday, August 5th. Monness Crespi & Hardt lifted their target price on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Truist Financial upped their price target on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Friday, September 20th. Finally, KeyCorp decreased their price objective on Camping World from $26.00 to $25.00 and set an “overweight” rating for the company in a report on Friday, August 2nd.

Camping World Stock Down 2.1 %

Shares of CWH stock opened at $23.12 on Monday. The company has a quick ratio of 0.19, a current ratio of 1.19 and a debt-to-equity ratio of 10.08. Camping World has a 12 month low of $16.18 and a 12 month high of $28.72. The stock has a 50 day moving average of $22.60 and a 200-day moving average of $21.32. The firm has a market cap of $1.95 billion, a PE ratio of -578.00 and a beta of 2.47.

Camping World (NYSE:CWH) last issued its earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. The company had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the company posted $0.60 earnings per share. The company’s quarterly revenue was down 5.3% on a year-over-year basis. On average, equities analysts predict that Camping World will post -0.6 EPS for the current year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Friday, September 13th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.16%. The ex-dividend date was Friday, September 13th. Camping World’s dividend payout ratio (DPR) is presently -1,250.00%.

Insider Activity at Camping World

In related news, CEO Marcus Lemonis sold 121,450 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $21.80, for a total transaction of $2,647,610.00. Following the transaction, the chief executive officer now directly owns 155,268 shares of the company’s stock, valued at approximately $3,384,842.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 43.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Camping World

Several hedge funds have recently modified their holdings of CWH. Moors & Cabot Inc. increased its stake in shares of Camping World by 2.9% in the second quarter. Moors & Cabot Inc. now owns 19,065 shares of the company’s stock worth $340,000 after purchasing an additional 531 shares in the last quarter. Creative Planning lifted its stake in shares of Camping World by 8.7% in the 3rd quarter. Creative Planning now owns 11,133 shares of the company’s stock valued at $270,000 after acquiring an additional 892 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Camping World by 4.3% during the first quarter. Commonwealth Equity Services LLC now owns 31,778 shares of the company’s stock valued at $885,000 after purchasing an additional 1,323 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Camping World by 8.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,560 shares of the company’s stock valued at $545,000 after buying an additional 1,477 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in Camping World by 7.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,872 shares of the company’s stock valued at $408,000 after buying an additional 1,491 shares during the period. Institutional investors own 52.54% of the company’s stock.

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.