Camping World (NYSE:CWH) Receives $22.44 Average Target Price from Analysts

Camping World (NYSE:CWH - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the ten analysts that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $22.44.

CWH has been the topic of several recent research reports. KeyCorp reissued an "overweight" rating and set a $18.00 price target (up from $16.00) on shares of Camping World in a research report on Friday, May 23rd. Citigroup reaffirmed a "buy" rating and issued a $23.00 target price (up from $21.00) on shares of Camping World in a research report on Monday, June 16th. Robert W. Baird cut their target price on Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a research report on Thursday, May 1st. JPMorgan Chase & Co. raised Camping World from a "neutral" rating to an "overweight" rating and cut their target price for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. Finally, Truist Financial upped 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.

Camping World Trading Up 0.7%

CWH traded up $0.12 during midday trading on Wednesday, hitting $17.28. The company's stock had a trading volume of 1,245,440 shares, compared to its average volume of 1,758,067. The company has a current ratio of 1.26, a quick ratio of 0.19 and a debt-to-equity ratio of 3.53. The firm has a market cap of $1.76 billion, a P/E ratio of -37.57 and a beta of 1.86. The firm has a 50-day moving average price of $17.58 and a two-hundred day moving average price of $17.99. Camping World has a 52-week low of $11.17 and a 52-week high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) earnings per share for the quarter, beating 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 return on equity of 8.66% and a negative net margin of 0.47%. The company's revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.40) EPS. On average, research analysts anticipate that Camping World will post -0.66 earnings per share for the current year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 13th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.89%. The ex-dividend date was Friday, June 13th. Camping World's payout ratio is currently -108.70%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Hood River Capital Management LLC bought a new stake in shares of Camping World in the 4th quarter worth approximately $62,142,000. Vanguard Group Inc. lifted its position in shares of Camping World by 39.2% during the 4th quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock worth $122,003,000 after buying an additional 1,630,307 shares during the period. Alyeska Investment Group L.P. bought a new position in shares of Camping World during the 4th quarter worth approximately $33,698,000. Interval Partners LP lifted its position in shares of Camping World by 71.8% during the 4th quarter. Interval Partners LP now owns 2,875,845 shares of the company's stock worth $60,623,000 after buying an additional 1,202,258 shares during the period. Finally, Capital Research Global Investors lifted its position in shares of Camping World by 39.8% during the 4th quarter. Capital Research Global Investors now owns 3,422,710 shares of the company's stock worth $72,151,000 after buying an additional 975,168 shares during the period. Institutional investors and hedge funds own 52.54% of the company's stock.

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.