Camping World (NYSE:CWH) Price Target Raised to $20.00 at Truist Financial

Camping World (NYSE:CWH - Free Report) had its price target raised by Truist Financial from $16.00 to $20.00 in a research note published on Tuesday,Benzinga reports. Truist Financial currently has a buy rating on the stock.

CWH has been the subject of a number of other research reports. KeyCorp restated an "overweight" rating and set a $18.00 price target (up previously from $16.00) on shares of Camping World in a report on Friday, May 23rd. Monness Crespi & Hardt dropped their price target on Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Citigroup boosted their price target on Camping World from $16.00 to $21.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Baird R W downgraded Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, JPMorgan Chase & Co. raised shares of Camping World from a "neutral" rating to an "overweight" rating and decreased their price objective for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $22.22.

Camping World Stock Performance

Shares of NYSE CWH traded up $0.23 during mid-day trading on Tuesday, hitting $18.00. The stock had a trading volume of 2,244,774 shares, compared to its average volume of 1,603,558. Camping World has a twelve month low of $11.17 and a twelve month high of $25.97. 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 cap of $1.84 billion, a PE ratio of -26.09, a PEG ratio of 0.92 and a beta of 2.13. The company has a 50 day moving average of $14.65 and a two-hundred day moving average of $18.97.

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

Camping World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.78%. Camping World's payout ratio is presently -108.70%.

Institutional Investors Weigh In On Camping World

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. increased its stake in shares of Camping World by 195.0% during the 4th 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 last quarter. Byrne Asset Management LLC bought a new stake in shares of Camping World during the 1st quarter worth approximately $44,000. Mpwm Advisory Solutions LLC bought a new stake in shares of Camping World during the 4th quarter worth approximately $63,000. US Bancorp DE acquired a new position in Camping World during the 1st quarter worth approximately $72,000. Finally, Sandia Investment Management LP acquired a new position in Camping World during the 4th quarter worth approximately $105,000. 52.54% of the stock is currently owned by institutional investors and hedge funds.

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.