Camping World Holdings, Inc. (NYSE:CWH) Receives $30.64 Consensus Target Price from Brokerages

Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the ten research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $30.64.

A number of research firms have commented on CWH. Stephens restated an "overweight" rating and set a $28.00 price target (up from $26.00) on shares of Camping World in a research note on Wednesday, January 17th. KeyCorp increased their price objective on Camping World from $25.00 to $30.00 and gave the company an "overweight" rating in a research note on Friday, January 12th. StockNews.com cut Camping World from a "hold" rating to a "sell" rating in a research note on Friday, February 23rd. Citigroup increased their price objective on Camping World from $26.00 to $30.00 and gave the company a "buy" rating in a research note on Tuesday, January 23rd. Finally, Truist Financial increased their price objective on Camping World from $25.00 to $30.00 and gave the company a "buy" rating in a research note on Tuesday, January 9th.

Camping World Trading Up 2.6 %

Camping World stock traded up $0.58 during mid-day trading on Monday, hitting $22.91. The company's stock had a trading volume of 911,377 shares, compared to its average volume of 937,157. The company has a current ratio of 1.21, a quick ratio of 0.16 and a debt-to-equity ratio of 7.55. The stock's fifty day moving average is $25.79 and its two-hundred day moving average is $23.63. Camping World has a 1 year low of $16.18 and a 1 year high of $32.88. The firm has a market capitalization of $1.94 billion, a PE ratio of 42.94 and a beta of 2.60.

Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings results on Wednesday, February 21st. The company reported ($0.53) EPS for the quarter, topping analysts' consensus estimates of ($0.59) by $0.06. Camping World had a return on equity of 16.62% and a net margin of 0.50%. The company had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.15 billion. During the same period in the prior year, the firm earned ($0.33) earnings per share. The firm's revenue was down 13.4% compared to the same quarter last year. On average, analysts anticipate that Camping World will post 1.06 EPS for the current year.

Camping World Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 14th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.18%. Camping World's dividend payout ratio is currently 96.16%.

Insider Transactions at Camping World

In other news, CEO Marcus Lemonis sold 100,000 shares of the company's stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the completion of the transaction, the chief executive officer now directly owns 405,268 shares of the company's stock, valued at approximately $10,387,018.84. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 43.80% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc grew its stake in Camping World by 932.8% during the 3rd quarter. IFP Advisors Inc now owns 1,291 shares of the company's stock worth $26,000 after buying an additional 1,166 shares during the last quarter. ICA Group Wealth Management LLC acquired a new position in Camping World in the 4th quarter valued at about $35,000. Selway Asset Management acquired a new position in Camping World in the 3rd quarter valued at about $55,000. Advisory Services Network LLC acquired a new position in Camping World in the 4th quarter valued at about $172,000. Finally, Moors & Cabot Inc. increased its position in Camping World by 13.5% in the 3rd quarter. Moors & Cabot Inc. now owns 9,802 shares of the company's stock valued at $200,000 after acquiring an additional 1,164 shares during the period. Hedge funds and other institutional investors own 52.54% of the company's stock.

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.