Camping World Holdings, Inc. (NYSE:CWH) Receives $27.75 Average Price Target from Analysts

Camping World Holdings, Inc. (NYSE:CWH) has received an average rating of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $27.43.

A number of brokerages recently weighed in on CWH. Bank of America started coverage on shares of Camping World in a report on Thursday, December 19th. They set a “buy” rating and a $30.00 target price for the company. Raymond James raised Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price target for the company in a research note on Wednesday, October 30th. Roth Mkm reissued a “buy” rating and set a $28.00 price objective (up previously from $26.00) on shares of Camping World in a report on Wednesday, October 30th. Truist Financial cut their price objective on Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Finally, StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th.

Camping World Trading Up 1.2 %

Camping World stock opened at $23.00 on Wednesday. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The firm has a 50-day moving average price of $22.61 and a two-hundred day moving average price of $22.37. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of -33.33, a PEG ratio of 0.97 and a beta of 2.49. Camping World has a 52-week low of $17.29 and a 52-week high of $28.72.

Camping World Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.50 annualized dividend and a yield of 2.17%. Camping World’s dividend payout ratio is currently -72.46%.

Institutional Trading of Camping World

A number of hedge funds and other institutional investors have recently made changes to their positions in CWH. Creative Planning grew its holdings in Camping World by 8.7% during the third quarter. Creative Planning now owns 11,133 shares of the company’s stock worth $270,000 after purchasing an additional 892 shares during the period. Verdence Capital Advisors LLC grew its position in Camping World by 1.6% during the third quarter. Verdence Capital Advisors LLC now owns 62,603 shares of the company’s stock worth $1,516,000 after buying an additional 965 shares in the last quarter. Blue Trust Inc. grew 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. Quest Partners LLC lifted its stake in Camping World by 5,647.8% during the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after purchasing an additional 1,299 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Camping World by 7.0% in the second quarter. The Manufacturers Life Insurance Company now owns 22,872 shares of the company’s stock valued at $408,000 after acquiring an additional 1,491 shares during the last quarter. 52.54% of the stock is currently owned by institutional investors and hedge funds.

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.