Recent Investment Analysts’ Ratings Changes for Camping World (CWH)

Posted by Steve Reilly on Nov 8th, 2024

Several brokerages have updated their recommendations and price targets on shares of Camping World (NYSE: CWH) in the last few weeks:

10/30/2024 – Camping World had its price target raised by analysts at KeyCorp from $25.00 to $27.00. They now have an “overweight” rating on the stock.
10/30/2024 – Camping World was upgraded by analysts at Raymond James from a “market perform” rating to an “outperform” rating. They now have a $27.00 price target on the stock.
10/30/2024 – Camping World had its “buy” rating reaffirmed by analysts at Roth Mkm. They now have a $28.00 price target on the stock, up previously from $26.00.
10/21/2024 – Camping World had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $24.00 price target on the stock, down previously from $25.00.
9/27/2024 – Camping World had its price target raised by analysts at Monness Crespi & Hardt from $24.00 to $30.00. They now have a “buy” rating on the stock.
9/20/2024 – Camping World had its price target raised by analysts at Truist Financial Co. from $26.00 to $28.00. They now have a “buy” rating on the stock.

Camping World Stock Performance

Shares of CWH stock opened at $23.57 on Friday. Camping World Holdings, Inc. has a 12 month low of $17.29 and a 12 month high of $28.72. 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 firm has a market capitalization of $1.99 billion, a P/E ratio of -34.16 and a beta of 2.49. The company’s fifty day moving average price is $22.77 and its two-hundred day moving average price is $21.14.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th were issued a $0.125 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.12%. Camping World’s dividend payout ratio is currently -72.46%.

Insider Activity

In other news, CEO Marcus Lemonis sold 121,450 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $21.80, for a total value of $2,647,610.00. Following the sale, the chief executive officer now owns 155,268 shares in the company, valued at approximately $3,384,842.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 43.80% of the company’s stock.

Institutional Investors Weigh In On Camping World

A number of institutional investors have recently modified their holdings of the stock. Eminence Capital LP raised its stake in Camping World by 79.8% during the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock worth $77,589,000 after acquiring an additional 1,927,977 shares during the period. Vanguard Group Inc. raised its stake in Camping World by 1.0% during the first quarter. Vanguard Group Inc. now owns 4,075,412 shares of the company’s stock worth $113,500,000 after acquiring an additional 40,137 shares during the period. Capital Research Global Investors raised its stake in Camping World by 31.2% during the first quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock worth $60,129,000 after acquiring an additional 513,320 shares during the period. Interval Partners LP raised its stake in Camping World by 98.9% during the first quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock worth $55,749,000 after acquiring an additional 995,096 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Camping World by 20.3% during the second quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock worth $12,834,000 after acquiring an additional 121,022 shares during the period. Institutional investors and hedge funds own 52.54% of the company’s stock.

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.