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

Key Points

• Camping World (NYSE:CWH) has received a consensus rating of "Moderate Buy" from twelve brokerages, with eight analysts recommending a buy and one a sell.
• The company reported $0.57 earnings per share for the last quarter, slightly below analysts' expectations, but its revenue of $1.98 billion surpassed estimates, showing a 9.4% increase year-over-year.
• Recently, Camping World announced a quarterly dividend of $0.125 per share, resulting in an annual yield of 3.1%, despite a negative payout ratio of -250.00%.

Shares of Camping World (NYSE:CWH - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the twelve ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $21.7778.

Several equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Camping World in a research report on Wednesday, October 8th. Raymond James Financial lowered their target price on shares of Camping World from $20.00 to $18.00 and set an "outperform" rating for the company in a research note on Thursday, July 31st. Zacks Research upgraded shares of Camping World from a "strong sell" rating to a "hold" rating in a research note on Friday, September 5th. Citigroup upped their target price on Camping World from $21.00 to $22.00 and gave the stock a "buy" rating in a research report on Friday, September 26th. Finally, JPMorgan Chase & Co. lifted their target price on Camping World from $20.00 to $22.00 and gave the company an "overweight" rating in a research report on Monday.

Hedge Funds Weigh In On Camping World

A number of institutional investors have recently added to or reduced their stakes in CWH. SG Americas Securities LLC raised its holdings in shares of Camping World by 264.6% during the 3rd quarter. SG Americas Securities LLC now owns 55,034 shares of the company's stock valued at $869,000 after buying an additional 39,939 shares in the last quarter. Burney Co. purchased a new stake in shares of Camping World in the 3rd quarter worth about $1,532,000. World Investment Advisors raised its position in shares of Camping World by 42.9% in the 3rd quarter. World Investment Advisors now owns 17,741 shares of the company's stock worth $280,000 after acquiring an additional 5,326 shares in the last quarter. Voya Investment Management LLC lifted its position in Camping World by 34.1% during the third quarter. Voya Investment Management LLC now owns 911,553 shares of the company's stock valued at $14,393,000 after buying an additional 231,834 shares during the period. Finally, Hudson Bay Capital Management LP grew its holdings in Camping World by 26.3% in the second quarter. Hudson Bay Capital Management LP now owns 80,010 shares of the company's stock worth $1,375,000 after purchasing an additional 16,678 shares during the period. 52.54% of the stock is currently owned by institutional investors.

Camping World Trading Up 1.1%

Shares of NYSE:CWH opened at $16.39 on Friday. The company has a quick ratio of 0.24, a current ratio of 1.26 and a debt-to-equity ratio of 3.12. The business has a 50 day moving average of $16.61 and a 200-day moving average of $16.29. Camping World has a 12-month low of $11.17 and a 12-month high of $25.97. The stock has a market cap of $1.67 billion, a PE ratio of -81.92 and a beta of 1.94.

Camping World (NYSE:CWH - Get Free Report) last posted its earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates 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 firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the prior year, the business posted $0.38 EPS. The firm's quarterly revenue was up 9.4% compared to the same quarter last year. As a group, equities research analysts forecast that Camping World will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 15th were issued a $0.125 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.50 annualized dividend and a yield of 3.1%. Camping World's dividend payout ratio (DPR) is -250.00%.

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.

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