Camping World Holdings, Inc. (NYSE:CWH) Receives $28.00 Average Target Price from Brokerages

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been given a consensus rating of “Moderate Buy” by the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $28.00.

Several analysts recently commented on the company. Truist Financial lifted their price objective on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, September 20th. KeyCorp upped their price target on shares of Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Roth Mkm reissued a “buy” rating and issued a $28.00 price objective (up previously from $26.00) on shares of Camping World in a report on Wednesday, October 30th. Bank of America started coverage on shares of Camping World in a report on Thursday, December 19th. They set a “buy” rating and a $30.00 target price for the company. Finally, StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th.

Camping World Trading Up 1.6 %

Shares of CWH stock opened at $20.93 on Friday. The stock has a market capitalization of $1.78 billion, a P/E ratio of -30.33 and a beta of 2.49. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The firm’s 50 day moving average is $22.70 and its 200 day moving average is $21.86. Camping World has a 12-month low of $17.29 and a 12-month high of $28.72.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend was Friday, December 13th. Camping World’s dividend payout ratio is currently -72.46%.

Institutional Investors Weigh In On Camping World

Institutional investors and hedge funds have recently bought and sold shares of the business. Quest Partners LLC grew its position in shares of Camping World by 5,647.8% during the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after purchasing an additional 1,299 shares in the last quarter. Point72 DIFC Ltd purchased a new stake in Camping World during the 2nd quarter valued at approximately $50,000. Truvestments Capital LLC bought a new stake in shares of Camping World during the third quarter valued at approximately $165,000. nVerses Capital LLC bought a new position in shares of Camping World during the third quarter worth $191,000. Finally, Blueshift Asset Management LLC purchased a new position in Camping World during the third quarter valued at $214,000. 52.54% of the stock is owned by 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.