Brokerages Set Camping World Holdings, Inc. (NYSE:CWH) Price Target at $27.71

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $27.71.

Several research analysts have weighed in on the stock. Truist Financial upped their target price on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Bank of America assumed coverage on shares of Camping World in a research report on Thursday, December 19th. They set a “buy” rating and a $30.00 target price on the stock.

Camping World Trading Up 1.9 %

Shares of Camping World stock opened at $17.42 on Thursday. Camping World has a 52-week low of $15.39 and a 52-week high of $28.33. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The company’s 50-day simple moving average is $21.02 and its 200-day simple moving average is $22.17. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of -25.24, a price-to-earnings-growth ratio of 0.92 and a beta of 2.57.

Camping World (NYSE:CWH) last issued its earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting the consensus estimate of ($0.55). Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.13 billion. As a group, equities research analysts anticipate that Camping World will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio (DPR) is presently -65.79%.

Insider Buying and Selling at Camping World

In other Camping World news, President Matthew D. Wagner purchased 5,725 shares of Camping World stock in a transaction on Tuesday, March 4th. The shares were bought at an average price of $17.61 per share, with a total value of $100,817.25. Following the completion of the acquisition, the president now directly owns 300,640 shares of the company’s stock, valued at approximately $5,294,270.40. This trade represents a 1.94 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 43.80% of the company’s stock.

Hedge Funds Weigh In On Camping World

Several institutional investors and hedge funds have recently modified their holdings of CWH. Quest Partners LLC lifted its stake 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 valued at $32,000 after buying an additional 1,299 shares during the period. Intech Investment Management LLC purchased a new position in shares of Camping World during the third quarter valued at approximately $261,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Camping World by 11.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock valued at $15,798,000 after buying an additional 65,798 shares during the period. Citigroup Inc. lifted its stake in shares of Camping World by 22.6% during the third quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock valued at $8,725,000 after buying an additional 66,355 shares during the period. Finally, Truvestments Capital LLC purchased a new position in shares of Camping World during the third quarter valued at approximately $165,000. Hedge funds and other institutional investors own 52.54% of the company’s stock.

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.