Camping World (NYSE:CWH) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Camping World (NYSE:CWH - Get Free Report) have received a consensus rating of "Moderate Buy" from the ten brokerages that are presently covering the company, MarketBeat reports. Two investment 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 covered the stock in the last year is $22.44.

A number of brokerages have recently issued reports on CWH. Truist Financial increased their target price on Camping World from $16.00 to $20.00 and gave the company a "buy" rating in a research report on Tuesday, June 3rd. Baird R W lowered shares of Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Citigroup reaffirmed a "buy" rating and issued a $23.00 price target (up from $21.00) on shares of Camping World in a research note on Monday, June 16th. Monness Crespi & Hardt lowered their price objective on Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Finally, Robert W. Baird reduced their target price on Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, May 1st.

Camping World Stock Performance

Shares of NYSE CWH traded up $0.14 during midday trading on Friday, reaching $18.37. 1,794,601 shares of the stock were exchanged, compared to its average volume of 1,683,026. The company has a quick ratio of 0.19, a current ratio of 1.26 and a debt-to-equity ratio of 3.53. The firm has a 50-day simple moving average of $15.72 and a two-hundred day simple moving average of $18.45. Camping World has a twelve month low of $11.17 and a twelve month high of $25.97. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of -39.94 and a beta of 1.87.

Camping World (NYSE:CWH - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.23) by $0.07. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. Camping World had a negative net margin of 0.47% and a negative return on equity of 8.66%. The company's revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.40) EPS. As a group, analysts anticipate that Camping World will post -0.66 EPS for the current fiscal year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.72%. Camping World's payout ratio is currently -108.70%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Byrne Asset Management LLC purchased a new stake in Camping World during the first quarter worth approximately $44,000. Mpwm Advisory Solutions LLC acquired a new stake in Camping World during the fourth quarter worth approximately $63,000. US Bancorp DE purchased a new stake in shares of Camping World during the 1st quarter worth approximately $72,000. Sandia Investment Management LP purchased a new stake in shares of Camping World during the 4th quarter worth approximately $105,000. Finally, Summit Investment Advisors Inc. boosted its holdings in shares of Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock valued at $117,000 after buying an additional 1,390 shares in the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Company Profile

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.