Camping World Holdings, Inc. (NYSE:CWH) Receives $21.78 Average PT from Analysts

Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the ten brokerages that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $21.78.

Several analysts have recently issued reports on CWH shares. KeyCorp reissued an "overweight" rating and set a $18.00 target price (up from $16.00) on shares of Camping World in a report on Friday, May 23rd. Baird R W lowered shares of Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Citigroup upped their price target on shares of Camping World from $16.00 to $21.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Monness Crespi & Hardt decreased their price target on Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Finally, Truist Financial lowered their price target on Camping World from $28.00 to $16.00 and set a "buy" rating for the company in a report on Monday, April 14th.

Camping World Stock Performance

NYSE:CWH traded down $0.96 during mid-day trading on Tuesday, reaching $16.10. 1,756,699 shares of the company's stock were exchanged, compared to its average volume of 1,568,108. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The firm has a market capitalization of $1.64 billion, a PE ratio of -23.36, a price-to-earnings-growth ratio of 0.92 and a beta of 2.13. Camping World has a one year low of $11.17 and a one year high of $25.97. The business's fifty day simple moving average is $14.59 and its two-hundred day simple moving average is $19.22.

Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported ($0.16) earnings per share for the quarter, beating analysts' consensus estimates of ($0.23) by $0.07. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The firm's quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the business earned ($0.40) earnings per share. Analysts anticipate that Camping World will post -0.66 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be given a dividend of $0.125 per share. The ex-dividend date is Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a yield of 3.11%. Camping World's dividend payout ratio is currently -108.70%.

Insiders Place Their Bets

In related news, President Matthew D. Wagner purchased 5,725 shares of the firm's stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of $17.61 per share, with a total value of $100,817.25. Following the completion of the purchase, the president now owns 300,640 shares in the company, valued at approximately $5,294,270.40. This represents a 1.94% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 35.60% of the company's stock.

Hedge Funds Weigh In On Camping World

Institutional investors and hedge funds have recently modified their holdings of the business. Blue Trust Inc. grew its holdings in Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after purchasing an additional 1,014 shares during the period. Byrne Asset Management LLC bought a new stake in Camping World in the 1st quarter valued at about $44,000. Mpwm Advisory Solutions LLC acquired a new position in Camping World during the 4th quarter worth approximately $63,000. US Bancorp DE bought a new position in Camping World in the first quarter worth approximately $72,000. Finally, Sandia Investment Management LP acquired a new stake in Camping World in the fourth quarter valued at approximately $105,000. 52.54% of the stock is currently owned by 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.