Camping World (NYSE:CWH) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Camping World (NYSE:CWH) have been given a consensus recommendation of “Moderate Buy” by the eleven research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $17.6667.

CWH has been the topic of several research analyst reports. Wall Street Zen downgraded Camping World from a “hold” rating to a “sell” rating in a research note on Saturday. KeyCorp dropped their price target on Camping World from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of Camping World in a research note on Monday, December 29th. JPMorgan Chase & Co. lowered their price objective on Camping World from $22.00 to $19.00 and set an “overweight” rating on the stock in a research note on Monday, November 3rd. Finally, Loop Capital began coverage on shares of Camping World in a report on Friday, October 31st. They set a “buy” rating and a $17.00 price objective on the stock.

Camping World Stock Performance

NYSE CWH opened at $13.18 on Friday. The company has a market capitalization of $1.35 billion, a PE ratio of -14.17 and a beta of 2.00. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.27 and a current ratio of 1.26. Camping World has a 52-week low of $9.49 and a 52-week high of $24.36. The company has a 50-day simple moving average of $11.40 and a 200 day simple moving average of $14.13.

Camping World Announces Dividend

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

Institutional Investors Weigh In On Camping World

Hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP grew its position in shares of Camping World by 2,275.8% in the third quarter. Quarry LP now owns 1,568 shares of the company’s stock valued at $25,000 after purchasing an additional 1,502 shares in the last quarter. State of Wyoming purchased a new position in Camping World during the 3rd quarter valued at about $43,000. Aster Capital Management DIFC Ltd purchased a new position in Camping World during the 3rd quarter valued at about $83,000. Russell Investments Group Ltd. increased its position in shares of Camping World by 923.8% during 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 period. Finally, Ameritas Investment Partners Inc. lifted its holdings in shares of 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 buying an additional 608 shares in the last quarter. Institutional investors own 52.54% of the company’s stock.

About Camping World

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.