Camping World (NYSE:CWH) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Shares of Camping World (NYSE:CWH - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the ten research firms that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $22.44.

A number of brokerages have issued reports on CWH. Baird R W downgraded Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. JPMorgan Chase & Co. upgraded 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. Truist Financial upped their price objective on Camping World from $16.00 to $20.00 and gave the company a "buy" rating in a research report on Tuesday, June 3rd. Robert W. Baird decreased their price objective 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. Finally, KeyCorp reaffirmed an "overweight" rating and set a $18.00 target price (up previously from $16.00) on shares of Camping World in a research note on Friday, May 23rd.

Institutional Trading of Camping World

Several hedge funds and other institutional investors have recently bought and sold shares of CWH. Byrne Asset Management LLC purchased a new stake in shares of Camping World during the 1st quarter valued at $44,000. Mpwm Advisory Solutions LLC purchased a new position in shares of Camping World during the 4th quarter valued at about $63,000. US Bancorp DE purchased a new position in shares of Camping World during the 1st quarter valued at about $72,000. Sandia Investment Management LP acquired a new stake in shares of Camping World during the 4th quarter valued at about $105,000. Finally, Summit Investment Advisors Inc. grew its position in shares of Camping World by 33.4% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock valued at $117,000 after acquiring an additional 1,390 shares during the period. Institutional investors own 52.54% of the company's stock.

Camping World Price Performance

Shares of NYSE:CWH traded down $0.23 during mid-day trading on Wednesday, reaching $17.25. The stock had a trading volume of 464,458 shares, compared to its average volume of 1,750,298. 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 company has a market cap of $1.76 billion, a P/E ratio of -37.43 and a beta of 1.86. Camping World has a 1 year low of $11.17 and a 1 year high of $25.97. The business's 50 day moving average price is $17.48 and its 200 day moving average price is $18.04.

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, topping analysts' consensus estimates of ($0.23) by $0.07. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a negative return on equity of 8.66% and a negative net margin of 0.47%. The firm's revenue for the quarter 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. Research analysts expect that Camping World will post -0.66 EPS for the current fiscal year.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 13th were given a dividend of $0.125 per share. The ex-dividend date was Friday, June 13th. This represents a $0.50 annualized dividend and a yield of 2.90%. Camping World's dividend payout ratio (DPR) is presently -108.70%.

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.