22,279 Shares in Camping World $CWH Bought by Petrus Trust Company LTA

Key Points

• Petrus Trust Company LTA has acquired a new position in Camping World, purchasing 22,279 shares valued at approximately $360,000 during the 1st quarter.
• Camping World's latest quarterly earnings report showed a EPS of $0.57, slightly missing analyst expectations, while the company experienced a revenue increase of 9.4% year-over-year.
• The stock has drawn attention from analysts, with an average rating of "Moderate Buy" and a consensus target price of $21.78, as multiple firms issued new price targets recently.

Petrus Trust Company LTA acquired a new position in Camping World (NYSE:CWH - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 22,279 shares of the company's stock, valued at approximately $360,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 in the last quarter. Rafferty Asset Management LLC boosted its stake in Camping World by 9.3% during the 1st quarter. Rafferty Asset Management LLC now owns 18,779 shares of the company's stock valued at $303,000 after purchasing an additional 1,593 shares in the last quarter. A&I Financial Services LLC boosted its stake in Camping World by 11.3% during the 1st quarter. A&I Financial Services LLC now owns 25,302 shares of the company's stock valued at $409,000 after purchasing an additional 2,567 shares in the last quarter. Byrne Asset Management LLC bought a new position in Camping World during the 1st quarter valued at $44,000. Finally, AlphaQuest LLC boosted its stake in Camping World by 35.2% during the 1st quarter. AlphaQuest LLC now owns 10,631 shares of the company's stock valued at $172,000 after purchasing an additional 2,766 shares in the last quarter. 52.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on CWH. Citigroup reaffirmed a "buy" rating and set a $23.00 price target (up from $21.00) on shares of Camping World in a research note on Monday, June 16th. Zacks Research raised Camping World from a "strong sell" rating to a "hold" rating in a research note on Friday, September 5th. KeyCorp increased their price target on Camping World from $18.00 to $21.00 and gave the company an "overweight" rating in a research note on Thursday, August 14th. Truist Financial raised their price objective on Camping World from $16.00 to $20.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. Finally, Raymond James Financial reduced their price objective on Camping World from $20.00 to $18.00 and set an "outperform" rating for the company in a research note on Thursday, July 31st. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $21.78.

Camping World Price Performance

Shares of CWH traded down $0.86 during trading hours on Friday, hitting $16.66. 1,914,557 shares of the company were exchanged, compared to its average volume of 1,704,972. The firm has a fifty day simple moving average of $17.11 and a 200-day simple moving average of $16.48. The company has a market capitalization of $1.70 billion, a PE ratio of -83.29 and a beta of 1.92. Camping World has a one year low of $11.17 and a one year high of $25.97. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.26 and a quick ratio of 0.24.

Camping World (NYSE:CWH - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by ($0.01). The business had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.87 billion. Camping World had a negative net margin of 0.13% and a negative return on equity of 2.81%. Camping World's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.38 EPS. As a group, sell-side analysts predict that Camping World will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 15th will be issued a $0.125 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.0%. Camping World's dividend payout ratio is presently -250.00%.

Camping World 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.