Camping World (NYSE:CWH) Receives Average Recommendation of “Moderate Buy” from Brokerages

Camping World (NYSE:CWHGet Free Report) has been assigned an average rating of “Moderate Buy” from the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $17.6667.

CWH has been the topic of a number of recent analyst reports. KeyCorp cut their price target on shares of Camping World from $21.00 to $18.00 and set an “overweight” rating on the stock in a 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. Raymond James Financial reduced their target price on Camping World from $18.00 to $15.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. JPMorgan Chase & Co. lowered their price target on Camping World from $22.00 to $19.00 and set an “overweight” rating on the stock in a report on Monday, November 3rd. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $22.00 price objective on shares of Camping World in a report on Thursday, October 30th.

Check Out Our Latest Stock Analysis on Camping World

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameritas Investment Partners Inc. lifted its holdings in Camping World by 11.0% during the second quarter. Ameritas Investment Partners Inc. now owns 6,154 shares of the company’s stock valued at $106,000 after purchasing an additional 608 shares in the last quarter. AlphaQuest LLC raised its position in shares of Camping World by 7.1% during the 3rd quarter. AlphaQuest LLC now owns 11,932 shares of the company’s stock valued at $188,000 after purchasing an additional 793 shares during the period. Police & Firemen s Retirement System of New Jersey lifted its stake in shares of Camping World by 6.8% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 12,776 shares of the company’s stock valued at $220,000 after buying an additional 812 shares in the last quarter. Pingora Partners LLC boosted its holdings in Camping World by 2.6% in the 2nd quarter. Pingora Partners LLC now owns 33,400 shares of the company’s stock worth $574,000 after buying an additional 850 shares during the period. Finally, UBS Group AG boosted its holdings in Camping World by 0.4% in the 3rd quarter. UBS Group AG now owns 266,095 shares of the company’s stock worth $4,202,000 after buying an additional 982 shares during the period. Institutional investors own 52.54% of the company’s stock.

Camping World Price Performance

CWH opened at $9.09 on Thursday. The firm has a market cap of $929.82 million, a PE ratio of -6.31 and a beta of 2.08. The stock has a 50-day moving average price of $11.90 and a 200-day moving average price of $13.59. Camping World has a 1 year low of $8.12 and a 1 year high of $21.30. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.26 and a quick ratio of 0.27.

Camping World (NYSE:CWHGet Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported ($0.73) EPS for the quarter, missing the consensus estimate of ($0.63) by ($0.10). The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Camping World had a negative net margin of 1.41% and a negative return on equity of 3.09%. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period last year, the company posted ($0.47) earnings per share. Sell-side analysts predict that Camping World will post -0.66 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Monday, December 15th were paid a $0.125 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.5%. Camping World’s payout ratio is currently -53.76%.

Camping World News Summary

Here are the key news stories impacting Camping World this week:

Camping World Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Camping World (NYSE:CWH)

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