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

Key Points

• Camping World has received a consensus rating of "Moderate Buy" from eleven research firms, with eight recommending buy and three advising hold on the stock.
• The average twelve-month price target for Camping World is approximately $21.67, following various adjustments by analysts.
• The company recently declared a quarterly dividend of $0.125 per share, resulting in an annualized dividend yield of 3.0% for shareholders.

Camping World (NYSE:CWH - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eleven research firms that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $21.6667.

A number of research analysts recently issued reports on the company. Raymond James Financial reduced their price target on Camping World from $20.00 to $18.00 and set an "outperform" rating on the stock in a report on Thursday, July 31st. Citigroup boosted their price target on Camping World from $21.00 to $22.00 and gave the company a "buy" rating in a report on Friday. KeyCorp boosted their price target on Camping World from $18.00 to $21.00 and gave the company an "overweight" rating in a report on Thursday, August 14th. Truist Financial boosted their price target on Camping World from $16.00 to $20.00 and gave the company a "buy" rating in a report on Tuesday, June 3rd. Finally, Zacks Research upgraded Camping World from a "strong sell" rating to a "hold" rating in a report on Friday, September 5th.

Camping World Stock Up 1.9%

CWH opened at $16.51 on Monday. The company has a market cap of $1.69 billion, a P/E ratio of -82.52 and a beta of 1.92. The business's 50-day moving average price is $16.92 and its 200-day moving average price is $16.39. The company has a current ratio of 1.26, a quick ratio of 0.24 and a debt-to-equity ratio of 3.12. Camping World has a 12 month low of $11.17 and a 12 month high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.01). Camping World had a negative return on equity of 2.81% and a negative net margin of 0.13%.The company had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.87 billion. During the same quarter in the prior year, the firm posted $0.38 EPS. The firm's quarterly revenue was up 9.4% on a year-over-year basis. On average, equities analysts expect that Camping World will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 15th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Monday, September 15th. Camping World's payout ratio is presently -250.00%.

Institutional Trading of Camping World

Large investors have recently bought and sold shares of the company. Ameritas Investment Partners Inc. boosted its holdings in Camping World by 11.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,154 shares of the company's stock worth $106,000 after buying an additional 608 shares during the period. Police & Firemen s Retirement System of New Jersey boosted its holdings in Camping World by 6.8% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 12,776 shares of the company's stock worth $220,000 after buying an additional 812 shares during the period. Pingora Partners LLC boosted its holdings in Camping World by 2.6% in the 2nd quarter. Pingora Partners LLC now owns 33,400 shares of the company's stock worth $574,000 after buying an additional 850 shares during the period. World Investment Advisors boosted its holdings in Camping World by 9.2% in the 2nd quarter. World Investment Advisors now owns 12,415 shares of the company's stock worth $213,000 after buying an additional 1,043 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Camping World by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,339 shares of the company's stock worth $539,000 after buying an additional 1,401 shares during the period. 52.54% of the stock is owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.