Camping World (NYSE:CWH) Price Target Raised to $22.00 at JPMorgan Chase & Co.

Camping World (NYSE:CWH) had its price target boosted by JPMorgan Chase & Co. from $20.00 to $22.00 in a research report report published on Monday,Benzinga reports. They currently have an overweight rating on the stock.

Other equities research analysts have also issued research reports about the company. Zacks Research upgraded Camping World from a “strong sell” rating to a “hold” rating in a research report on Friday, September 5th. Citigroup boosted their target price on shares of Camping World from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, September 26th. Raymond James Financial dropped their price target on shares of Camping World from $20.00 to $18.00 and set an “outperform” rating on the stock in a research report on Thursday, July 31st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Camping World in a report on Wednesday, October 8th. Finally, KeyCorp increased their target price on shares of Camping World from $18.00 to $21.00 and gave the stock an “overweight” rating in a research note on Thursday, August 14th. Eight research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Camping World has an average rating of “Moderate Buy” and an average price target of $21.78.

Camping World Stock Performance

NYSE CWH opened at $15.27 on Monday. The firm has a market capitalization of $1.56 billion, a P/E ratio of -76.35 and a beta of 1.94. The stock has a 50-day simple moving average of $16.68 and a two-hundred day simple moving average of $16.27. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.24 and a current ratio of 1.26. Camping World has a fifty-two week low of $11.17 and a fifty-two week high of $25.97.

Camping World (NYSE:CWH) last issued its earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). The company had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Camping World had a negative return on equity of 2.81% and a negative net margin of 0.13%.The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.38 EPS. On average, equities analysts forecast that Camping World will post -0.66 earnings per share for the current year.

Camping World Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, September 15th. Camping World’s dividend payout ratio (DPR) is presently -250.00%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CWH. US Bancorp DE acquired a new stake in Camping World in the 1st quarter worth about $72,000. Ameritas Investment Partners Inc. increased its stake in Camping World by 11.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,154 shares of the company’s stock worth $106,000 after buying an additional 608 shares in the last quarter. CWM LLC raised its holdings in shares of Camping World by 1,060.1% during the first quarter. CWM LLC now owns 7,645 shares of the company’s stock valued at $124,000 after acquiring an additional 6,986 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Camping World by 117.1% in the second quarter. CANADA LIFE ASSURANCE Co now owns 8,877 shares of the company’s stock valued at $153,000 after acquiring an additional 4,789 shares in the last quarter. Finally, Corient IA LLC acquired a new stake in shares of Camping World in the first quarter worth approximately $162,000. Institutional investors and hedge funds own 52.54% of the company’s stock.

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.