Camping World (NYSE:CWH) Stock Price Up 12.2% - Time to Buy?

Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) rose 12.2% during mid-day trading on Monday . The company traded as high as $16.75 and last traded at $16.47. Approximately 1,175,865 shares were traded during mid-day trading, a decline of 19% from the average daily volume of 1,460,337 shares. The stock had previously closed at $14.68.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CWH. Monness Crespi & Hardt lowered their price objective on shares of Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Robert W. Baird lowered their price target on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a report on Thursday, May 1st. JPMorgan Chase & Co. upgraded Camping World from a "neutral" rating to an "overweight" rating and cut their price objective for the stock from $23.00 to $21.00 in a report on Thursday, May 1st. KeyCorp dropped their target price on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Finally, Baird R W cut shares of Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, Camping World currently has a consensus rating of "Moderate Buy" and a consensus target price of $21.56.

Camping World Price Performance

The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The stock's 50 day moving average price is $14.67 and its two-hundred day moving average price is $19.56. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of -24.29, a PEG ratio of 0.92 and a beta of 2.13.

Camping World (NYSE:CWH - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported ($0.16) earnings per share for the quarter, topping analysts' consensus estimates of ($0.23) by $0.07. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The business's revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.40) EPS. On average, equities research analysts anticipate that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Friday, June 13th. Camping World's dividend payout ratio (DPR) is currently -108.70%.

Insiders Place Their Bets

In related news, President Matthew D. Wagner acquired 5,725 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average price of $17.61 per share, with a total value of $100,817.25. Following the completion of the transaction, the president now owns 300,640 shares of the company's stock, valued at approximately $5,294,270.40. This represents a 1.94% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 35.60% of the company's stock.

Hedge Funds Weigh In On Camping World

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Camelot Portfolios LLC grew its holdings in shares of Camping World by 3.7% during the 4th quarter. Camelot Portfolios LLC now owns 14,100 shares of the company's stock worth $297,000 after purchasing an additional 500 shares in the last quarter. Blue Trust Inc. boosted its stake in Camping World by 195.0% during the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after buying an additional 1,014 shares in the last quarter. Summit Investment Advisors Inc. increased its holdings in Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock valued at $117,000 after buying an additional 1,390 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of 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 valued at $539,000 after buying an additional 1,401 shares in the last quarter. Finally, Rafferty Asset Management LLC lifted its holdings in shares of Camping World by 9.3% during the 1st quarter. Rafferty Asset Management LLC now owns 18,779 shares of the company's stock worth $303,000 after acquiring an additional 1,593 shares during the period. 52.54% of the stock is currently 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.