Camping World (NYSE:CWH) Receives $17.67 Average PT from Analysts

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

Several research firms have weighed in on CWH. JPMorgan Chase & Co. reduced their target price on Camping World from $22.00 to $19.00 and set an “overweight” rating on the stock in a report on Monday, November 3rd. Loop Capital initiated coverage on Camping World in a research report on Friday, October 31st. They set a “buy” rating and a $17.00 price target on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Camping World in a report on Monday, December 29th. BMO Capital Markets reissued an “outperform” rating and set a $22.00 target price on shares of Camping World in a research note on Thursday, October 30th. Finally, Truist Financial dropped their target price on shares of Camping World from $20.00 to $15.00 and set a “buy” rating on the stock in a report on Monday, November 10th.

Camping World Stock Down 1.2%

Shares of NYSE CWH opened at $13.01 on Friday. Camping World has a 52-week low of $9.49 and a 52-week high of $24.36. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.27 and a current ratio of 1.26. The stock has a market cap of $1.33 billion, a P/E ratio of -13.98 and a beta of 2.08. The firm has a 50 day moving average price of $11.47 and a 200 day moving average price of $14.04.

Camping World Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 15th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, December 15th. Camping World’s payout ratio is currently -53.76%.

Institutional Trading of Camping World

A number of institutional investors have recently modified their holdings of the company. Quarry LP raised its position in Camping World by 2,275.8% in the 3rd quarter. Quarry LP now owns 1,568 shares of the company’s stock valued at $25,000 after buying an additional 1,502 shares during the last quarter. State of Wyoming bought a new position in shares of Camping World during the 3rd quarter worth approximately $43,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Camping World in the third quarter valued at approximately $83,000. Russell Investments Group Ltd. raised its holdings in shares of Camping World by 923.8% in the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock valued at $87,000 after purchasing an additional 4,998 shares during the last quarter. Finally, Ameritas Investment Partners Inc. lifted its position 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 purchasing an additional 608 shares in the last quarter. 52.54% of the stock is currently owned by institutional investors.

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.