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

Camping World Holdings, Inc. (NYSE:CWH) has received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $27.71.

Several equities analysts recently commented on the stock. Truist Financial increased their price objective on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Bank of America assumed coverage on shares of Camping World in a research note on Thursday, December 19th. They issued a “buy” rating and a $30.00 price objective for the company.

Insiders Place Their Bets

In related news, President Matthew D. Wagner purchased 5,725 shares of Camping World stock in a transaction on Tuesday, March 4th. The stock was acquired at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the acquisition, the president now owns 300,640 shares of the company’s stock, valued at $5,294,270.40. This trade represents a 1.94 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 43.80% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CWH. Quest Partners LLC lifted its stake in shares of Camping World by 5,647.8% in 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 in the last quarter. Intech Investment Management LLC bought a new position in shares of Camping World in the third quarter valued at $261,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Camping World by 11.2% in 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 in the last quarter. Citigroup Inc. lifted its position 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 purchasing an additional 66,355 shares in the last quarter. Finally, Truvestments Capital LLC bought a new position in shares of Camping World during the third quarter valued at about $165,000. 52.54% of the stock is owned by institutional investors.

Camping World Trading Up 3.6 %

Shares of NYSE:CWH opened at $16.65 on Thursday. The company has a market capitalization of $1.70 billion, a P/E ratio of -24.14, a P/E/G ratio of 0.92 and a beta of 2.57. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The business’s 50 day simple moving average is $21.29 and its 200 day simple moving average is $22.28. Camping World has a 1 year low of $15.39 and a 1 year high of $28.33.

Camping World (NYSE:CWH) last issued its quarterly earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.13 billion. On average, research analysts anticipate that Camping World will post -0.66 EPS for the current fiscal year.

Camping World Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio (DPR) is presently -65.79%.

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.