Camping World Holdings, Inc. (NYSE:CWH) Given Average Rating of “Moderate Buy” by Analysts

Camping World Holdings, Inc. (NYSE:CWH) has received a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $25.88.

Several equities research analysts have issued reports on the company. KeyCorp dropped their price target on Camping World from $27.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday, March 20th. Bank of America began coverage on Camping World in a research report on Thursday, December 19th. They issued a “buy” rating and a $30.00 target price for the company. Truist Financial increased their price target on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, February 10th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $18.00 target price (down previously from $28.00) on shares of Camping World in a research report on Friday.

Insider Activity at Camping World

In other news, President Matthew D. Wagner acquired 5,725 shares of the stock in a transaction on Tuesday, March 4th. The stock was acquired at an average price of $17.61 per share, with a total value of $100,817.25. Following the completion of the transaction, the president now owns 300,640 shares of the company’s stock, valued at $5,294,270.40. This represents a 1.94 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 43.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Camping World

Institutional investors and hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP grew its position in Camping World by 83.0% during the 4th quarter. Wellington Management Group LLP now owns 194,780 shares of the company’s stock valued at $4,106,000 after purchasing an additional 88,337 shares during the last quarter. California State Teachers Retirement System grew its position in Camping World by 31.2% during the fourth quarter. California State Teachers Retirement System now owns 53,063 shares of the company’s stock valued at $1,119,000 after buying an additional 12,615 shares during the period. Jefferies Financial Group Inc. purchased a new stake in shares of Camping World in the 4th quarter worth $788,000. University of Texas Texas AM Investment Management Co. lifted its position in shares of Camping World by 85.7% during the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 85,352 shares of the company’s stock valued at $1,799,000 after buying an additional 39,396 shares in the last quarter. Finally, Castleark Management LLC bought a new stake in Camping World during the fourth quarter valued at about $3,605,000. Institutional investors own 52.54% of the company’s stock.

Camping World Trading Down 8.2 %

Shares of CWH opened at $12.90 on Monday. Camping World has a 1-year low of $12.08 and a 1-year high of $26.33. The company has a market capitalization of $1.32 billion, a P/E ratio of -18.69, a P/E/G ratio of 0.92 and a beta of 2.32. 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 firm’s 50 day simple moving average is $19.54 and its 200 day simple moving average is $21.66.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, meeting 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 firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Sell-side analysts forecast that Camping World will post -0.66 earnings per share for the current fiscal year.

Camping World Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date was Friday, March 14th. Camping World’s payout ratio is -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.