Camping World Holdings, Inc. (NYSE:CWH) Receives Average Rating of “Moderate Buy” from Analysts

Camping World Holdings, Inc. (NYSE:CWH) has earned an average recommendation of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $30.64.

Several brokerages recently issued reports on CWH. Stephens reaffirmed an “overweight” rating and set a $28.00 target price (up from $26.00) on shares of Camping World in a research report on Wednesday, January 17th. Citigroup lifted their price objective on Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. KeyCorp lifted their price objective on Camping World from $25.00 to $30.00 and gave the stock an “overweight” rating in a research report on Friday, January 12th. StockNews.com lowered Camping World from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. Finally, Truist Financial lifted their price objective on Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th.

Camping World Price Performance

Shares of NYSE CWH opened at $21.45 on Monday. The firm has a market cap of $1.81 billion, a P/E ratio of 41.25 and a beta of 2.60. The company has a current ratio of 1.21, a quick ratio of 0.16 and a debt-to-equity ratio of 7.55. Camping World has a 1-year low of $16.18 and a 1-year high of $32.88. The business’s 50 day moving average is $25.39 and its 200-day moving average is $23.70.

Camping World (NYSE:CWH) last issued its quarterly earnings results on Wednesday, February 21st. The company reported ($0.53) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.59) by $0.06. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.15 billion. Camping World had a return on equity of 16.62% and a net margin of 0.50%. The firm’s quarterly revenue was down 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.33) earnings per share. Equities research analysts predict that Camping World will post 1.06 earnings per share for the current year.

Camping World Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, March 14th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.50 annualized dividend and a yield of 2.33%. Camping World’s dividend payout ratio (DPR) is presently 96.16%.

Insiders Place Their Bets

In other Camping World news, CEO Marcus Lemonis sold 100,000 shares of the firm’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $25.63, for a total value of $2,563,000.00. Following the completion of the sale, the chief executive officer now directly owns 405,268 shares in the company, valued at $10,387,018.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 43.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Camping World

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Camping World by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 4,035,275 shares of the company’s stock valued at $105,966,000 after acquiring an additional 122,856 shares in the last quarter. FMR LLC increased its position in shares of Camping World by 9.5% during the third quarter. FMR LLC now owns 1,941,972 shares of the company’s stock valued at $39,636,000 after acquiring an additional 169,117 shares in the last quarter. Eminence Capital LP bought a new stake in shares of Camping World during the fourth quarter valued at approximately $37,451,000. Bank of New York Mellon Corp increased its position in shares of Camping World by 2.1% during the third quarter. Bank of New York Mellon Corp now owns 558,068 shares of the company’s stock valued at $11,390,000 after acquiring an additional 11,316 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Camping World by 6.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 498,349 shares of the company’s stock valued at $13,087,000 after acquiring an additional 28,569 shares in the last quarter. 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.