Camping World (NYSE:CWH) Receives $21.78 Consensus PT from Analysts

Camping World (NYSE:CWH) has earned a consensus rating of “Moderate Buy” from the twelve brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $21.7778.

CWH has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Camping World from $20.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Zacks Research raised shares of Camping World from a “strong sell” rating to a “hold” rating in a research note on Friday, September 5th. KeyCorp reissued an “overweight” rating and set a $21.00 price target on shares of Camping World in a research note on Tuesday, October 21st. Citigroup increased their price target 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. Finally, Raymond James Financial decreased 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 note on Thursday, July 31st.

Institutional Trading of Camping World

Several hedge funds have recently modified their holdings of CWH. Ameritas Investment Partners Inc. boosted 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 valued at $106,000 after acquiring an additional 608 shares during the last quarter. Police & Firemen s Retirement System of New Jersey boosted 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 valued at $220,000 after acquiring an additional 812 shares during the last quarter. Pingora Partners LLC boosted 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 valued at $574,000 after acquiring an additional 850 shares during the last quarter. World Investment Advisors boosted 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 valued at $213,000 after acquiring an additional 1,043 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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 valued at $539,000 after acquiring an additional 1,401 shares during the last quarter. 52.54% of the stock is owned by institutional investors.

Camping World Stock Performance

NYSE CWH opened at $16.74 on Friday. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of -83.67 and a beta of 1.94. The company has a 50 day moving average of $16.60 and a 200-day moving average of $16.36. 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 1-year low of $11.17 and a 1-year high of $25.97.

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

Camping World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 15th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Monday, September 15th. Camping World’s dividend payout ratio is -250.00%.

About Camping World

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.