Camping World Holdings, Inc. (NYSE:CWH) Receives $25.43 Average PT from Analysts

Camping World Holdings, Inc. (NYSE:CWH) has been assigned a consensus rating of “Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $25.71.

CWH has been the topic of several research analyst reports. Monness Crespi & Hardt decreased their target price on Camping World from $29.00 to $24.00 and set a “buy” rating on the stock in a report on Wednesday, June 26th. Roth Mkm dropped 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 Monday, August 5th. KeyCorp reduced their target price 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. Finally, Truist Financial raised their price target on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Friday, September 20th.

Insiders Place Their Bets

In other news, CEO Marcus Lemonis sold 125,000 shares of the firm’s stock in a transaction 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 directly owns 155,268 shares in the company, valued at approximately $3,546,321.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 43.80% of the company’s stock.

Institutional Trading of Camping World

Hedge funds have recently modified their holdings of the company. Eminence Capital LP increased its stake in Camping World by 79.8% in the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock valued at $77,589,000 after purchasing an additional 1,927,977 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Camping World by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 4,075,412 shares of the company’s stock valued at $113,500,000 after buying an additional 40,137 shares during the period. Capital Research Global Investors increased its position in shares of Camping World by 31.2% in the 1st quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock valued at $60,129,000 after buying an additional 513,320 shares in the last quarter. Interval Partners LP raised its stake in Camping World by 98.9% during the 1st quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock worth $55,749,000 after buying an additional 995,096 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Camping World by 20.3% during the second quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock worth $12,834,000 after acquiring an additional 121,022 shares in the last quarter. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Camping World Trading Down 1.7 %

Shares of CWH stock opened at $24.29 on Thursday. The company has a market capitalization of $2.05 billion, a P/E ratio of -607.10 and a beta of 2.47. Camping World has a 12-month low of $16.18 and a 12-month high of $28.72. The company has a quick ratio of 0.19, a current ratio of 1.19 and a debt-to-equity ratio of 10.08. The firm has a 50-day moving average price of $21.78 and a 200 day moving average price of $21.70.

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

Camping World Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th were paid a $0.125 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.06%. Camping World’s payout ratio is presently -1,249.69%.

Camping World Company Profile

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.