Analysts Set Camping World Holdings, Inc. (NYSE:CWH) PT at $28.00

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been given an average rating of “Moderate Buy” by the nine ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $28.00.

CWH has been the subject of several analyst reports. Raymond James upgraded Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price target for the company in a report on Wednesday, October 30th. StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. KeyCorp increased their target price on Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Bank of America started coverage on Camping World in a research note on Thursday, December 19th. They issued a “buy” rating and a $30.00 price target for the company. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $24.00 price objective (down from $25.00) on shares of Camping World in a report on Monday, October 21st.

Camping World Stock Performance

Shares of CWH stock opened at $21.08 on Friday. The company’s fifty day moving average price is $22.71 and its 200-day moving average price is $21.85. The stock has a market cap of $1.79 billion, a PE ratio of -30.55 and a beta of 2.49. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. Camping World has a 12 month low of $17.29 and a 12 month high of $28.72.

Camping World Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.37%. Camping World’s dividend payout ratio is presently -72.46%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Eminence Capital LP boosted its holdings in shares of Camping World by 79.8% during the 2nd 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 during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Camping World by 611.9% in the third quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company’s stock worth $7,094,000 after buying an additional 251,748 shares in the last quarter. Soros Fund Management LLC bought a new position in Camping World during the third quarter valued at approximately $6,053,000. Barclays PLC grew its holdings in Camping World by 96.9% during the 3rd quarter. Barclays PLC now owns 317,052 shares of the company’s stock valued at $7,678,000 after buying an additional 156,055 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Camping World by 20.3% in the 2nd 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 during the last quarter. 52.54% of the stock is currently owned by institutional investors.

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.