Camping World Holdings, Inc. (NYSE:CWH) Receives $29.67 Consensus PT from Analysts

Camping World Holdings, Inc. (NYSE:CWH) has been assigned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $29.67.

Several equities research analysts have issued reports on CWH shares. Roth Mkm reiterated a “buy” rating and set a $28.00 target price (down from $30.00) on shares of Camping World in a research report on Friday, May 3rd. Truist Financial dropped their target price on shares of Camping World from $30.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. StockNews.com lowered shares of Camping World from a “hold” rating to a “sell” rating in a report on Friday, May 10th. Finally, KeyCorp lowered their price objective on shares of Camping World from $30.00 to $26.00 and set an “overweight” rating for the company in a report on Friday, May 3rd.

Institutional Investors Weigh In On Camping World

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SG Capital Management LLC bought a new stake in Camping World during the 1st quarter valued at $3,889,000. Cetera Advisors LLC raised its holdings in Camping World by 33.3% during the 1st quarter. Cetera Advisors LLC now owns 31,542 shares of the company’s stock valued at $878,000 after buying an additional 7,881 shares during the last quarter. Castleark Management LLC bought a new stake in Camping World during the 1st quarter valued at $5,028,000. Interval Partners LP raised its holdings in Camping World by 98.9% during the 1st quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock valued at $55,749,000 after buying an additional 995,096 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in Camping World by 8.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,560 shares of the company’s stock valued at $545,000 after buying an additional 1,477 shares during the last quarter. 52.54% of the stock is currently owned by institutional investors.

Camping World Price Performance

Shares of NYSE:CWH opened at $17.95 on Tuesday. Camping World has a 12 month low of $16.18 and a 12 month high of $32.88. The stock has a market cap of $1.52 billion, a P/E ratio of -448.64 and a beta of 2.57. The company has a current ratio of 1.19, a quick ratio of 0.17 and a debt-to-equity ratio of 11.24. The company has a 50 day moving average of $21.01 and a 200 day moving average of $24.04.

Camping World (NYSE:CWH) last announced its earnings results on Wednesday, May 1st. The company reported ($0.46) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.45) by ($0.01). Camping World had a net margin of 0.09% and a negative return on equity of 2.39%. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.43 billion. As a group, sell-side analysts forecast that Camping World will post 0.83 EPS for the current fiscal year.

Camping World Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, June 13th will be issued a dividend of $0.125 per share. The ex-dividend date is Thursday, June 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.79%. Camping World’s dividend payout ratio is currently -1,249.69%.

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.