Camping World Holdings, Inc. (NYSE:CWH) Given Consensus Rating of “Moderate Buy” by Analysts

Camping World Holdings, Inc. (NYSE:CWH) has been assigned a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $28.33.

CWH has been the subject of several analyst reports. Roth Mkm reiterated a “buy” rating and issued a $28.00 price objective (down previously from $30.00) on shares of Camping World in a research note on Friday, May 3rd. Truist Financial decreased their price objective on shares of Camping World from $30.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, May 3rd. StockNews.com lowered shares of Camping World from a “hold” rating to a “sell” rating in a research note on Friday, May 10th. Monness Crespi & Hardt decreased their price target on shares of Camping World from $29.00 to $24.00 and set a “buy” rating for the company in a research note on Wednesday, June 26th. Finally, KeyCorp decreased their price target on shares of Camping World from $30.00 to $26.00 and set an “overweight” rating for the company in a research note on Friday, May 3rd.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CWH. Eminence Capital LP bought a new position in Camping World in the 4th quarter valued at $37,451,000. Interval Partners LP boosted its holdings in Camping World by 98.9% in the 1st quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock valued at $55,749,000 after purchasing an additional 995,096 shares during the period. Capital Research Global Investors boosted its holdings in Camping World by 31.2% in the 1st quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock valued at $60,129,000 after purchasing an additional 513,320 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in Camping World in the 1st quarter valued at $9,403,000. Finally, Castleark Management LLC bought a new position in Camping World in the 1st quarter valued at $5,028,000. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Price Performance

Shares of NYSE CWH opened at $18.79 on Friday. Camping World has a fifty-two week low of $16.18 and a fifty-two week high of $32.88. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of -469.63 and a beta of 2.54. The company has a debt-to-equity ratio of 11.24, a quick ratio of 0.17 and a current ratio of 1.19. The firm’s 50-day simple moving average is $19.39 and its 200 day simple moving average is $23.24.

Camping World (NYSE:CWH) last announced its quarterly earnings results on Wednesday, May 1st. The company reported ($0.46) earnings per share for the quarter, missing the consensus estimate of ($0.45) by ($0.01). The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a net margin of 0.09% and a negative return on equity of 2.39%. As a group, research analysts anticipate that Camping World will post 0.83 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, June 13th were paid a $0.125 dividend. The ex-dividend date was Thursday, June 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.66%. Camping World’s dividend payout ratio is -1,249.69%.

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.