Camping World Holdings, Inc. (NYSE:CWH – Get Rating) has received a consensus rating of “Hold” from the ten analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $50.75.
A number of analysts have weighed in on CWH shares. Robert W. Baird cut their target price on shares of Camping World from $56.00 to $40.00 in a research report on Thursday, February 24th. Raymond James decreased their price objective on Camping World from $54.00 to $45.00 and set an “outperform” rating for the company in a report on Thursday, February 24th. Zacks Investment Research lowered Camping World from a “hold” rating to a “sell” rating in a research note on Monday, February 28th. StockNews.com initiated coverage on shares of Camping World in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Finally, BMO Capital Markets downgraded shares of Camping World from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 23rd.
Several institutional investors have recently made changes to their positions in CWH. Millennium Management LLC boosted its holdings in shares of Camping World by 63.7% in the 4th quarter. Millennium Management LLC now owns 972,806 shares of the company’s stock worth $39,301,000 after buying an additional 378,660 shares during the last quarter. Morgan Stanley increased its position in Camping World by 20.3% in the third quarter. Morgan Stanley now owns 859,502 shares of the company’s stock worth $33,409,000 after buying an additional 144,952 shares during the last quarter. Gendell Jeffrey L increased its position in Camping World by 50.8% in the third quarter. Gendell Jeffrey L now owns 839,752 shares of the company’s stock worth $32,641,000 after buying an additional 283,034 shares during the last quarter. Geode Capital Management LLC increased its position in Camping World by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 684,672 shares of the company’s stock worth $27,660,000 after buying an additional 8,263 shares during the last quarter. Finally, Kanen Wealth Management LLC increased its position in Camping World by 9.4% in the fourth quarter. Kanen Wealth Management LLC now owns 621,138 shares of the company’s stock worth $25,094,000 after buying an additional 53,590 shares during the last quarter. 80.95% of the stock is owned by hedge funds and other institutional investors.
Camping World (NYSE:CWH – Get Rating) last issued its earnings results on Thursday, February 24th. The company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.05. Camping World had a net margin of 4.03% and a return on equity of 131.23%. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the business posted $0.34 earnings per share. The company’s quarterly revenue was up 21.5% on a year-over-year basis. Sell-side analysts predict that Camping World will post 5.65 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 29th. Investors of record on Monday, March 14th were issued a dividend of $0.625 per share. This is a positive change from Camping World’s previous quarterly dividend of $0.50. This represents a $2.50 dividend on an annualized basis and a yield of 8.84%. The ex-dividend date of this dividend was Friday, March 11th. Camping World’s dividend payout ratio (DPR) is 41.74%.
Camping World Company Profile (Get Rating)
Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs), and related products and services. 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.
- Get a free copy of the StockNews.com research report on Camping World (CWH)
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