Camping World (NYSE:CWH) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Camping World (NYSE:CWH) has been assigned an average rating of “Moderate Buy” from the ten research firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $22.44.

CWH has been the subject of a number of analyst reports. Truist Financial raised their target price on shares of Camping World from $16.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, June 3rd. KeyCorp restated an “overweight” rating and issued a $18.00 price objective (up previously from $16.00) on shares of Camping World in a report on Friday, May 23rd. Citigroup restated a “buy” rating and issued a $23.00 price target (up from $21.00) on shares of Camping World in a research note on Monday, June 16th. Robert W. Baird decreased their price target on Camping World from $18.00 to $15.00 and set a “neutral” rating for the company in a research note on Thursday, May 1st. Finally, Baird R W downgraded Camping World from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th.

Camping World Price Performance

CWH stock opened at $17.78 on Friday. The stock has a 50-day moving average price of $15.97 and a two-hundred day moving average price of $18.44. The stock has a market cap of $1.81 billion, a PE ratio of -38.65 and a beta of 1.88. The company has a current ratio of 1.26, a quick ratio of 0.19 and a debt-to-equity ratio of 3.53. Camping World has a 1 year low of $11.17 and a 1 year high of $25.97.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.07. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a negative return on equity of 8.66% and a negative net margin of 0.47%. Camping World’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the company earned ($0.40) earnings per share. Equities analysts forecast that Camping World will post -0.66 EPS for the current fiscal year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.125 per share. The ex-dividend date is Friday, June 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.81%. Camping World’s dividend payout ratio is currently -108.70%.

Hedge Funds Weigh In On Camping World

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Camping World by 4.3% in the 1st quarter. Vanguard Group Inc. now owns 6,034,743 shares of the company’s stock valued at $97,521,000 after purchasing an additional 247,134 shares during the period. Eminence Capital LP boosted its stake in Camping World by 6.9% in the 4th quarter. Eminence Capital LP now owns 4,110,205 shares of the company’s stock valued at $86,643,000 after purchasing an additional 264,935 shares during the period. Capital Research Global Investors boosted its position in shares of Camping World by 39.8% in the fourth quarter. Capital Research Global Investors now owns 3,422,710 shares of the company’s stock valued at $72,151,000 after acquiring an additional 975,168 shares during the period. Hood River Capital Management LLC bought a new stake in shares of Camping World in the fourth quarter valued at about $62,142,000. Finally, Interval Partners LP boosted its position in shares of Camping World by 71.8% in the fourth quarter. Interval Partners LP now owns 2,875,845 shares of the company’s stock valued at $60,623,000 after acquiring an additional 1,202,258 shares during the period. 52.54% of the stock is owned by institutional investors.

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.