Camping World (NYSE:CWH) PT Lowered to $26.00 at KeyCorp

Camping World (NYSE:CWH) had its target price cut by KeyCorp from $30.00 to $26.00 in a research note published on Friday morning, Benzinga reports. They currently have an overweight rating on the stock.

Several other equities research analysts also recently issued reports on the company. Citigroup upped their price target on Camping World from $26.00 to $30.00 and gave the stock a buy rating in a report on Tuesday, January 23rd. Truist Financial decreased their price target on Camping World from $30.00 to $28.00 and set a buy rating for the company in a report on Friday. Stephens reiterated an overweight rating and set a $28.00 price target (up previously from $26.00) on shares of Camping World in a report on Wednesday, January 17th. Roth Mkm reissued a buy rating and issued a $28.00 price objective (down previously from $30.00) on shares of Camping World in a research report on Friday. Finally, StockNews.com raised Camping World from a sell rating to a hold rating in a research report on Thursday. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Camping World has a consensus rating of Moderate Buy and an average target price of $30.20.

Camping World Trading Down 0.1 %

NYSE CWH opened at $20.10 on Friday. The business has a 50 day moving average price of $24.89 and a 200-day moving average price of $23.88. Camping World has a 52 week low of $16.18 and a 52 week high of $32.88. The company has a market cap of $1.70 billion, a price-to-earnings ratio of -502.37 and a beta of 2.67. The company has a quick ratio of 0.16, a current ratio of 1.21 and a debt-to-equity ratio of 7.55.

Camping World (NYSE:CWH) last announced 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 negative return on equity of 2.16% and a net margin of 0.09%. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the company posted ($0.33) earnings per share. Camping World’s revenue was down 13.4% compared to the same quarter last year. As a group, equities analysts expect that Camping World will post 1.06 earnings per share for the current fiscal year.

Camping World Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 14th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.49%. Camping World’s dividend payout ratio is presently -1,249.69%.

Insider Activity

In other news, CEO Marcus Lemonis sold 100,000 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the transaction, the chief executive officer now owns 405,268 shares of the company’s stock, valued at approximately $10,387,018.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 43.80% of the company’s stock.

Institutional Trading of Camping World

A number of institutional investors have recently added to or reduced their stakes in the stock. Coronation Fund Managers Ltd. lifted its holdings in Camping World by 64.5% during the 1st quarter. Coronation Fund Managers Ltd. now owns 160,159 shares of the company’s stock worth $4,460,000 after purchasing an additional 62,772 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in Camping World during the 1st quarter worth about $353,000. Commonwealth Equity Services LLC lifted its holdings in Camping World by 4.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 31,778 shares of the company’s stock worth $885,000 after purchasing an additional 1,323 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in Camping World during the 1st quarter worth about $9,403,000. Finally, Game Plan Financial Advisors LLC lifted its holdings in Camping World by 1,473.4% during the 1st quarter. Game Plan Financial Advisors LLC now owns 25,175 shares of the company’s stock worth $701,000 after purchasing an additional 23,575 shares in the last quarter. Hedge funds and other institutional investors own 52.54% of the company’s stock.

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.