Camping World (NYSE:CWH) Stock Rating Reaffirmed by Roth Mkm

Roth Mkm reissued their buy rating on shares of Camping World (NYSE:CWH) in a research note published on Friday morning, Benzinga reports. Roth Mkm currently has a $28.00 price target on the stock, down from their prior price target of $30.00.

CWH has been the subject of a number of other reports. Stephens reaffirmed an overweight rating and issued a $28.00 price target (up from $26.00) on shares of Camping World in a report on Wednesday, January 17th. KeyCorp lifted their price target on Camping World from $25.00 to $30.00 and gave the company an overweight rating in a report on Friday, January 12th. Truist Financial cut their price target on Camping World from $30.00 to $28.00 and set a buy rating for the company in a report on Friday. StockNews.com raised Camping World from a sell rating to a hold rating in a report on Thursday. Finally, Citigroup lifted their price target on Camping World from $26.00 to $30.00 and gave the company a buy rating in a report on Tuesday, January 23rd. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and an average target price of $30.20.

Camping World Stock Down 0.1 %

Shares of NYSE CWH opened at $20.10 on Friday. The stock has a market cap of $1.70 billion, a PE ratio of -502.37 and a beta of 2.67. The business has a fifty day moving average of $24.89 and a two-hundred day moving average of $23.88. Camping World has a 52-week low of $16.18 and a 52-week high of $32.88. The company has a debt-to-equity ratio of 7.55, a quick ratio of 0.16 and a current ratio of 1.21.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Wednesday, February 21st. The company reported ($0.53) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.06. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Camping World had a negative return on equity of 2.16% and a net margin of 0.09%. The business’s revenue was down 13.4% on a year-over-year basis. During the same period last year, the business earned ($0.33) earnings per share. As a group, equities research analysts expect that Camping World will post 1.06 earnings per share for the current fiscal year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, March 14th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.49%. Camping World’s payout ratio is presently -1,249.69%.

Insider Buying and Selling at Camping World

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 transaction of $2,563,000.00. Following the transaction, the chief executive officer now directly owns 405,268 shares in the company, valued at approximately $10,387,018.84. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 43.80% of the company’s stock.

Institutional Trading of Camping World

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Camping World by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 4,035,275 shares of the company’s stock valued at $105,966,000 after acquiring an additional 122,856 shares during the last quarter. FMR LLC increased its stake in shares of Camping World by 9.5% in the 3rd quarter. FMR LLC now owns 1,941,972 shares of the company’s stock valued at $39,636,000 after acquiring an additional 169,117 shares during the last quarter. Eminence Capital LP bought a new stake in shares of Camping World in the 4th quarter valued at about $37,451,000. Bank of New York Mellon Corp increased its stake in shares of Camping World by 2.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 558,068 shares of the company’s stock valued at $11,390,000 after acquiring an additional 11,316 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Camping World by 6.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 498,349 shares of the company’s stock valued at $13,087,000 after acquiring an additional 28,569 shares during the last quarter. 52.54% of the stock is owned by institutional investors.

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.