Camping World (NYSE:CWH) Given New $26.00 Price Target at Truist Financial

Camping World (NYSE:CWH) had its target price decreased by Truist Financial from $28.00 to $26.00 in a research note issued to investors on Tuesday,Benzinga reports. Truist Financial currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on CWH. Roth Mkm reaffirmed a “buy” rating and set a $28.00 target price (up previously from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. StockNews.com raised shares of Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $24.00 target price (down from $25.00) on shares of Camping World in a report on Monday, October 21st. Raymond James upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price for the company in a report on Wednesday, October 30th. Finally, Bank of America assumed coverage on Camping World in a report on Thursday, December 19th. They issued a “buy” rating and a $30.00 price target on the stock. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.78.

Camping World Stock Performance

Shares of CWH opened at $21.38 on Tuesday. The firm has a market capitalization of $1.82 billion, a PE ratio of -30.99 and a beta of 2.49. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The firm has a 50-day moving average price of $22.67 and a 200 day moving average price of $21.95. Camping World has a 52-week low of $17.29 and a 52-week high of $28.72.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were given a $0.125 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.34%. Camping World’s dividend payout ratio (DPR) is presently -72.46%.

Institutional Investors Weigh In On Camping World

Several hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its position in shares of Camping World by 6.9% in the second quarter. Bank of New York Mellon Corp now owns 336,682 shares of the company’s stock worth $6,013,000 after purchasing an additional 21,842 shares in the last quarter. Rhumbline Advisers lifted its position in Camping World by 5.3% in the 2nd quarter. Rhumbline Advisers now owns 61,138 shares of the company’s stock worth $1,092,000 after buying an additional 3,099 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Camping World by 15.8% during the 2nd quarter. American Century Companies Inc. now owns 66,157 shares of the company’s stock valued at $1,182,000 after buying an additional 9,003 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Camping World by 20.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock valued at $12,834,000 after acquiring an additional 121,022 shares in the last quarter. Finally, Moors & Cabot Inc. increased its stake in shares of Camping World by 2.9% in the second quarter. Moors & Cabot Inc. now owns 19,065 shares of the company’s stock worth $340,000 after acquiring an additional 531 shares during the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

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.