Analysts Set Camping World Holdings, Inc. (NYSE:CWH) Target Price at $30.64

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been assigned an average recommendation of “Moderate Buy” from the ten brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $30.64.

CWH has been the subject of several recent research reports. KeyCorp increased their price target on shares of Camping World from $25.00 to $30.00 and gave the stock an “overweight” rating in a research report on Friday, January 12th. StockNews.com cut shares of Camping World from a “hold” rating to a “sell” rating in a research note on Friday, February 23rd. Citigroup upped their price objective on shares of Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, January 23rd. Truist Financial upped their price objective on shares of Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, January 9th. Finally, Stephens reaffirmed an “overweight” rating and set a $28.00 price objective (up from $26.00) on shares of Camping World in a research note on Wednesday, January 17th.

Insider Activity

In other news, CEO Marcus Lemonis sold 100,000 shares of the stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the sale, the chief executive officer now directly owns 405,268 shares of the company’s stock, valued at $10,387,018.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 43.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Camping World

A number of hedge funds and other institutional investors have recently bought and sold shares of CWH. IFP Advisors Inc boosted its stake in Camping World by 932.8% in the third quarter. IFP Advisors Inc now owns 1,291 shares of the company’s stock valued at $26,000 after acquiring an additional 1,166 shares during the last quarter. ICA Group Wealth Management LLC bought a new position in Camping World in the fourth quarter valued at approximately $35,000. Selway Asset Management bought a new position in Camping World in the third quarter valued at approximately $55,000. Advisory Services Network LLC bought a new position in Camping World in the fourth quarter valued at approximately $172,000. Finally, Moors & Cabot Inc. boosted its stake in Camping World by 13.5% in the third quarter. Moors & Cabot Inc. now owns 9,802 shares of the company’s stock valued at $200,000 after acquiring an additional 1,164 shares during the last quarter. 52.54% of the stock is owned by institutional investors.

Camping World Stock Performance

NYSE:CWH opened at $22.74 on Monday. Camping World has a 12-month low of $16.18 and a 12-month high of $32.88. The company has a quick ratio of 0.16, a current ratio of 1.21 and a debt-to-equity ratio of 7.55. The firm has a market capitalization of $1.92 billion, a PE ratio of 43.73 and a beta of 2.60. The firm has a 50-day moving average price of $25.60 and a 200 day moving average price of $23.69.

Camping World (NYSE:CWH) last posted its quarterly earnings results on Wednesday, February 21st. The company reported ($0.53) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.59) by $0.06. Camping World had a net margin of 0.50% and a return on equity of 16.62%. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the business posted ($0.33) earnings per share. The company’s quarterly revenue was down 13.4% compared to the same quarter last year. Research analysts anticipate that Camping World will post 1.06 earnings per share for the current fiscal year.

Camping World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 14th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.20%. Camping World’s dividend payout ratio (DPR) is currently 96.15%.

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.