Camping World Holdings, Inc. (NYSE:CWH) Receives $27.75 Consensus Price Target from Analysts

Camping World Holdings, Inc. (NYSE:CWH) has been assigned an average recommendation of “Moderate Buy” from the eight analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $27.75.

Several equities analysts have commented on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $24.00 price objective (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Raymond James upgraded Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price target for the company in a research report on Wednesday, October 30th. Roth Mkm reaffirmed a “buy” rating and issued a $28.00 price objective (up from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Finally, Monness Crespi & Hardt lifted their target price on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, September 27th.

Camping World Stock Up 2.9 %

Shares of CWH opened at $24.69 on Tuesday. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of -35.78 and a beta of 2.49. Camping World has a 1 year low of $17.29 and a 1 year high of $28.72. The business’s 50 day simple moving average is $23.11 and its 200-day simple moving average is $21.55.

Camping World Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend is Friday, December 13th. Camping World’s dividend payout ratio is currently -72.46%.

Insider Activity at Camping World

In other Camping World news, CEO Marcus Lemonis sold 125,000 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $22.84, for a total value of $2,855,000.00. Following the transaction, the chief executive officer now directly owns 155,268 shares in the company, valued at $3,546,321.12. This represents a 44.60 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 43.80% of the stock is owned by company insiders.

Institutional Trading of Camping World

Large investors have recently modified their holdings of the company. Quest Partners LLC raised its holdings in shares of Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after acquiring an additional 1,299 shares in the last quarter. Point72 DIFC Ltd purchased a new position in Camping World during the 2nd quarter valued at about $50,000. Truvestments Capital LLC bought a new stake in shares of Camping World in the 3rd quarter valued at about $165,000. nVerses Capital LLC purchased a new stake in shares of Camping World in the 3rd quarter worth approximately $191,000. Finally, Telos Capital Management Inc. bought a new position in shares of Camping World during the second quarter valued at approximately $196,000. 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.