Camping World (NYSE:CWH) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Camping World (NYSE:CWH) have earned an average recommendation of “Moderate Buy” from the thirteen research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $18.90.

CWH has been the topic of several research analyst reports. KeyCorp cut their price objective on Camping World from $21.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Citigroup dropped their price objective on shares of Camping World from $22.00 to $18.00 and set a “buy” rating for the company in a report on Friday, October 31st. JPMorgan Chase & Co. reduced their target price on shares of Camping World from $22.00 to $19.00 and set an “overweight” rating on the stock in a report on Monday, November 3rd. Zacks Research raised shares of Camping World from a “strong sell” rating to a “hold” rating in a research report on Friday, September 5th. Finally, Loop Capital began coverage on Camping World in a research report on Friday, October 31st. They set a “buy” rating and a $17.00 price objective on the stock.

Institutional Trading of Camping World

A number of large investors have recently made changes to their positions in the company. Quarry LP grew its holdings in Camping World by 2,275.8% during the 3rd quarter. Quarry LP now owns 1,568 shares of the company’s stock worth $25,000 after acquiring an additional 1,502 shares in the last quarter. State of Wyoming purchased a new stake in shares of Camping World during the 3rd quarter worth $43,000. US Bancorp DE purchased a new stake in shares of Camping World during the 1st quarter worth $72,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Camping World during the third quarter worth $83,000. Finally, Russell Investments Group Ltd. increased its holdings in Camping World by 923.8% in the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock valued at $87,000 after buying an additional 4,998 shares during the last quarter. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Stock Performance

Shares of CWH stock opened at $10.22 on Tuesday. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.27 and a current ratio of 1.26. The firm has a market cap of $1.04 billion, a P/E ratio of -10.98 and a beta of 1.92. The firm’s 50 day moving average price is $15.02 and its 200-day moving average price is $16.35. Camping World has a one year low of $9.97 and a one year high of $25.97.

Camping World (NYSE:CWH) last posted its earnings results on Tuesday, October 28th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.10. Camping World had a negative net margin of 0.85% and a positive return on equity of 3.80%. The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter last year, the firm earned $0.17 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. As a group, equities research analysts predict that Camping World will post -0.66 EPS for the current year.

Camping World Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 15th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Monday, September 15th. Camping World’s dividend payout ratio (DPR) is presently -53.76%.

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.