Camping World Holdings, Inc. (NYSE:CWH) Receives $30.64 Average PT from Analysts

Camping World Holdings, Inc. (NYSE:CWH) has earned an average rating of “Moderate Buy” from the ten analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $30.64.

A number of research analysts recently issued reports on CWH shares. KeyCorp lifted their price target on shares of Camping World from $25.00 to $30.00 and gave the stock an “overweight” rating in a research note on Friday, January 12th. Truist Financial boosted their price objective on shares of Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. Citigroup boosted their price objective on shares of Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. StockNews.com downgraded shares of Camping World from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. Finally, Stephens restated an “overweight” rating and set a $28.00 price objective (up previously from $26.00) on shares of Camping World in a research report on Wednesday, January 17th.

Insider Activity

In other news, CEO Marcus Lemonis sold 100,000 shares of Camping World stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the sale, the chief executive officer now owns 405,268 shares in the company, valued at $10,387,018.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 43.80% of the company’s stock.

Hedge Funds Weigh In On Camping World

Hedge funds have recently added to or reduced their stakes in the business. IFP Advisors Inc boosted its holdings in Camping World by 932.8% in the third quarter. IFP Advisors Inc now owns 1,291 shares of the company’s stock worth $26,000 after purchasing an additional 1,166 shares during the period. ICA Group Wealth Management LLC acquired a new position in shares of Camping World during the fourth quarter valued at $35,000. Selway Asset Management acquired a new position in shares of Camping World during the third quarter valued at $55,000. Advisory Services Network LLC acquired a new position in shares of Camping World during the fourth quarter valued at $172,000. Finally, SG Americas Securities LLC acquired a new position in shares of Camping World during the fourth quarter valued at $207,000. Institutional investors and hedge funds own 52.54% of the company’s stock.

Camping World Trading Up 1.9 %

Shares of CWH stock opened at $21.45 on Monday. The company has a debt-to-equity ratio of 7.55, a quick ratio of 0.16 and a current ratio of 1.21. The stock has a market capitalization of $1.81 billion, a P/E ratio of 41.25 and a beta of 2.60. The company has a 50 day moving average price of $25.39 and a 200 day moving average price of $23.70. Camping World has a fifty-two week low of $16.18 and a fifty-two week high of $32.88.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Wednesday, February 21st. The company reported ($0.53) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.06. Camping World had a net margin of 0.50% and a return on equity of 16.62%. The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the business posted ($0.33) earnings per share. The business’s quarterly revenue was down 13.4% compared to the same quarter last year. Equities research analysts predict that Camping World will post 1.06 EPS for the current fiscal year.

Camping World Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 14th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.33%. Camping World’s dividend payout ratio is currently 96.16%.

About Camping World

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.