Camping World Holdings, Inc. (NYSE:CWH) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Camping World Holdings, Inc. (NYSE:CWHGet Free Report) has received an average recommendation of “Moderate Buy” from the ten ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $30.64.

A number of research analysts have commented on CWH shares. KeyCorp lifted their price objective on shares of Camping World from $25.00 to $30.00 and gave the company an “overweight” rating in a research note on Friday, January 12th. Stephens reiterated an “overweight” rating and set a $28.00 price target (up from $26.00) on shares of Camping World in a research note on Wednesday, January 17th. StockNews.com lowered shares of Camping World from a “hold” rating to a “sell” rating in a research note on Friday, February 23rd. Truist Financial boosted their price target on shares of Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, January 9th. Finally, Citigroup boosted their price target on shares of Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, January 23rd.

Read Our Latest Stock Report on Camping World

Camping World Trading Up 2.6 %

NYSE CWH opened at $26.90 on Thursday. The company has a debt-to-equity ratio of 7.55, a quick ratio of 0.16 and a current ratio of 1.21. The firm has a market cap of $2.27 billion, a PE ratio of 51.73 and a beta of 2.61. Camping World has a one year low of $16.18 and a one year high of $32.88. The firm’s fifty day moving average is $25.91 and its two-hundred day moving average is $23.08.

Camping World (NYSE:CWHGet Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The company reported ($0.53) EPS for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.06. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.15 billion. Camping World had a net margin of 0.50% and a return on equity of 16.62%. Camping World’s quarterly revenue was down 13.4% on a year-over-year basis. During the same period in the previous year, the business posted ($0.33) earnings per share. Analysts expect that Camping World will post 1.06 earnings per share for the current year.

Camping World Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Thursday, March 14th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Wednesday, March 13th. Camping World’s dividend payout ratio is currently 96.16%.

Insider Buying and Selling

In other Camping World news, CEO Marcus Lemonis sold 100,000 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $25.63, for a total value of $2,563,000.00. Following the sale, the chief executive officer now owns 405,268 shares of the company’s stock, valued at $10,387,018.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 44.20% of the stock is owned by insiders.

Institutional Trading of Camping World

Several institutional investors and hedge funds have recently modified their holdings of CWH. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in shares of Camping World during the second quarter valued at approximately $28,000. IFP Advisors Inc lifted its stake in shares of Camping World by 932.8% during the third quarter. IFP Advisors Inc now owns 1,291 shares of the company’s stock valued at $26,000 after buying an additional 1,166 shares during the period. ICA Group Wealth Management LLC purchased a new position in shares of Camping World during the fourth quarter valued at approximately $35,000. Selway Asset Management purchased a new position in shares of Camping World during the third quarter valued at approximately $55,000. Finally, Ensign Peak Advisors Inc purchased a new position in shares of Camping World during the third quarter valued at approximately $70,000. Hedge funds and other institutional investors own 52.54% of the company’s stock.

About Camping World

(Get Free Report

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.

See Also

Analyst Recommendations for Camping World (NYSE:CWH)

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