Camping World (NYSE:CWH) Research Coverage Started at Loop Capital

Loop Capital began coverage on shares of Camping World (NYSE:CWH) in a research report report published on Friday, MarketBeat Ratings reports. The firm issued a buy rating and a $17.00 price target on the stock.

Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. boosted their price objective on Camping World from $20.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Zacks Research upgraded Camping World from a “strong sell” rating to a “hold” rating in a research report on Friday, September 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Camping World in a research report on Wednesday, October 8th. KeyCorp lowered their price objective on Camping World from $21.00 to $18.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Raymond James Financial reduced their target price on Camping World from $18.00 to $15.00 and set an “outperform” rating on the stock in a research note on Thursday. Nine investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Camping World has an average rating of “Moderate Buy” and an average price target of $19.70.

Camping World Stock Up 6.3%

CWH opened at $13.22 on Friday. The company has a market cap of $1.35 billion, a P/E ratio of -14.21 and a beta of 1.92. The business’s 50-day moving average price is $16.31 and its 200-day moving average price is $16.45. The company has a current ratio of 1.26, a quick ratio of 0.24 and a debt-to-equity ratio of 3.12. Camping World has a 12 month low of $11.17 and a 12 month high of $25.97.

Camping World (NYSE:CWH) last released its quarterly earnings data on Tuesday, October 28th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.33 by $0.10. Camping World had a positive return on equity of 3.79% and a negative net margin of 0.85%.The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the previous year, the business earned $0.17 earnings per share. The company’s quarterly revenue was up 4.7% on a year-over-year basis. On average, equities analysts expect that Camping World will post -0.66 EPS for the current year.

Camping World Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 15th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, September 15th. Camping World’s dividend payout ratio is presently -53.76%.

Institutional Investors Weigh In On Camping World

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. grew its stake in Camping World by 11.0% in the second quarter. Ameritas Investment Partners Inc. now owns 6,154 shares of the company’s stock worth $106,000 after purchasing an additional 608 shares during the period. Police & Firemen s Retirement System of New Jersey grew its stake in Camping World by 6.8% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 12,776 shares of the company’s stock worth $220,000 after purchasing an additional 812 shares during the period. Pingora Partners LLC grew its stake in Camping World by 2.6% in the second quarter. Pingora Partners LLC now owns 33,400 shares of the company’s stock worth $574,000 after purchasing an additional 850 shares during the period. World Investment Advisors grew its stake in Camping World by 9.2% in the second quarter. World Investment Advisors now owns 12,415 shares of the company’s stock worth $213,000 after purchasing an additional 1,043 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Camping World by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,339 shares of the company’s stock worth $539,000 after purchasing an additional 1,401 shares during the period. 52.54% of the stock is owned by hedge funds and other 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.