Camping World Holdings, Inc. (NYSE:CWH) Receives $30.64 Average PT from Brokerages

Shares of Camping World Holdings, Inc. (NYSE:CWH) have earned a consensus recommendation of “Moderate Buy” from the ten research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $30.64.

Several research analysts have issued reports on the stock. KeyCorp raised their price objective on shares of Camping World from $25.00 to $30.00 and gave the stock an “overweight” rating in a research report on Friday, January 12th. Stephens reaffirmed an “overweight” rating and issued a $28.00 target price (up previously from $26.00) on shares of Camping World in a report on Wednesday, January 17th. Citigroup boosted their price objective on shares of Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Truist Financial upped their target price on shares of Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. Finally, StockNews.com lowered shares of Camping World from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd.

Camping World Price Performance

Shares of NYSE:CWH opened at $22.74 on Monday. The company’s fifty day moving average price is $25.60 and its 200 day moving average price is $23.69. Camping World has a 12 month low of $16.18 and a 12 month high of $32.88. The company has a debt-to-equity ratio of 7.55, a current ratio of 1.21 and a quick ratio of 0.16. The firm has a market capitalization of $1.92 billion, a P/E ratio of 43.73 and a beta of 2.60.

Camping World (NYSE:CWH) last announced its quarterly earnings results on Wednesday, February 21st. The company reported ($0.53) EPS for the quarter, topping the consensus estimate of ($0.59) by $0.06. Camping World had a net margin of 0.50% and a return on equity of 16.62%. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the business earned ($0.33) EPS. Camping World’s revenue for the quarter was down 13.4% compared to the same quarter last year. As a group, sell-side analysts predict that Camping World will post 1.06 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, March 14th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend was Wednesday, March 13th. Camping World’s payout ratio is 96.15%.

Insider Buying and Selling

In related news, CEO Marcus Lemonis sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the completion of the transaction, the chief executive officer now owns 405,268 shares of the company’s stock, valued at $10,387,018.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 43.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Camping World

Several large investors have recently made changes to their positions in CWH. Eminence Capital LP acquired a new stake in shares of Camping World in the fourth quarter worth $37,451,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Camping World during the 1st quarter valued at $9,403,000. Campbell & CO Investment Adviser LLC acquired a new stake in Camping World during the 3rd quarter valued at $3,777,000. FMR LLC grew its holdings in Camping World by 9.5% during the 3rd quarter. FMR LLC now owns 1,941,972 shares of the company’s stock valued at $39,636,000 after purchasing an additional 169,117 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its holdings in Camping World by 479.8% during the 4th quarter. Kingsview Wealth Management LLC now owns 172,618 shares of the company’s stock valued at $4,533,000 after purchasing an additional 142,846 shares in the last quarter. Institutional investors and hedge funds 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.