Camping World Holdings, Inc. (NYSE:CWH) Receives Average Rating of “Buy” from Analysts

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been assigned an average rating of “Buy” from the six research firms that are covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $27.83.

Several research analysts have weighed in on CWH shares. Roth Mkm reduced their target price on Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Monness Crespi & Hardt lifted their target price on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, September 27th. KeyCorp cut their price target on Camping World from $26.00 to $25.00 and set an “overweight” rating on the stock in a report on Friday, August 2nd. Finally, Truist Financial boosted their price target on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Friday, September 20th.

Insider Activity

In other news, CEO Marcus Lemonis sold 125,000 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $22.84, for a total value of $2,855,000.00. Following the transaction, the chief executive officer now owns 155,268 shares of the company’s stock, valued at approximately $3,546,321.12. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 43.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Camping World

A number of large investors have recently added to or reduced their stakes in CWH. Eminence Capital LP grew its position in Camping World by 79.8% during the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock worth $77,589,000 after buying an additional 1,927,977 shares in the last quarter. Interval Partners LP lifted its stake in Camping World by 98.9% during the first quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock worth $55,749,000 after purchasing an additional 995,096 shares during the last quarter. Capital Research Global Investors lifted its stake in Camping World by 31.2% during the first quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock worth $60,129,000 after purchasing an additional 513,320 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in Camping World during the first quarter worth $9,403,000. Finally, Castleark Management LLC bought a new stake in Camping World during the first quarter worth $5,028,000. Institutional investors and hedge funds own 52.54% of the company’s stock.

Camping World Stock Down 2.2 %

NYSE CWH opened at $23.10 on Monday. The stock has a fifty day moving average of $22.60 and a 200-day moving average of $21.40. The stock has a market capitalization of $1.95 billion, a P/E ratio of -577.50 and a beta of 2.47. Camping World has a 52 week low of $16.18 and a 52 week high of $28.72. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.19 and a current ratio of 1.19.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the firm earned $0.60 earnings per share. The firm’s revenue for the quarter was down 5.3% on a year-over-year basis. On average, equities research analysts forecast that Camping World will post -0.6 EPS for the current year.

Camping World Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend was Friday, September 13th. Camping World’s dividend payout ratio (DPR) is presently -1,250.00%.

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.