Camping World Holdings, Inc. (NYSE:CWH) Receives $26.88 Consensus Price Target from Analysts

Camping World Holdings, Inc. (NYSE:CWH) has been given an average recommendation of “Buy” by the six brokerages that are presently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have issued a report on the stock in the last year is $25.43.

Several analysts have issued reports on the stock. KeyCorp dropped their price target on shares of Camping World from $26.00 to $25.00 and set an “overweight” rating on the stock in a research report on Friday, August 2nd. Truist Financial cut their target price on shares of Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Roth Mkm lowered their price target on Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Monday. Monness Crespi & Hardt dropped their price objective on Camping World from $29.00 to $24.00 and set a “buy” rating on the stock in a research note on Wednesday, June 26th. Finally, StockNews.com downgraded Camping World from a “hold” rating to a “sell” rating in a research note on Friday, May 10th.

Institutional Trading of Camping World

Several hedge funds have recently added to or reduced their stakes in CWH. ICA Group Wealth Management LLC acquired a new stake in shares of Camping World during the fourth quarter worth $35,000. Russell Investments Group Ltd. increased its position in Camping World by 6,495.0% during the first quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company’s stock worth $110,000 after acquiring an additional 3,897 shares during the period. Advisory Services Network LLC acquired a new stake in Camping World in the 4th quarter worth about $172,000. Telos Capital Management Inc. bought a new stake in Camping World in the 2nd quarter valued at about $196,000. Finally, SG Americas Securities LLC bought a new position in shares of Camping World during the fourth quarter worth approximately $207,000. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Trading Up 0.2 %

Camping World stock opened at $20.07 on Wednesday. The company has a debt-to-equity ratio of 11.24, a current ratio of 1.19 and a quick ratio of 0.17. The firm has a 50-day moving average of $19.81 and a 200-day moving average of $22.68. The company has a market cap of $1.70 billion, a price-to-earnings ratio of -501.62 and a beta of 2.54. Camping World has a one year low of $16.18 and a one year high of $29.24.

Camping World (NYSE:CWH) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.10). The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.87 billion. Camping World had a negative return on equity of 9.50% and a negative net margin of 0.22%. The firm’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period last year, the firm earned $0.60 EPS. On average, equities analysts expect that Camping World will post 0.79 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, June 13th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.49%. The ex-dividend date was Thursday, June 13th. Camping World’s payout ratio is -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.