Camping World Holdings, Inc. (NYSE:CWH) Short Interest Update

Camping World Holdings, Inc. (NYSE:CWH) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 7,050,000 shares, a decline of 6.7% from the January 15th total of 7,560,000 shares. Based on an average daily volume of 1,260,000 shares, the short-interest ratio is presently 5.6 days.

Analyst Ratings Changes

Several analysts have recently weighed in on CWH shares. Truist Financial upped their price objective on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Monday, February 10th. StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Bank of America started coverage on shares of Camping World in a report on Thursday, December 19th. They issued a “buy” rating and a $30.00 target price on the stock. Raymond James upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price for the company in a report on Wednesday, October 30th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $28.00 price target (up previously from $26.00) on shares of Camping World in a report on Wednesday, October 30th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $27.71.

Camping World Trading Down 1.0 %

Shares of NYSE:CWH traded down $0.24 during mid-day trading on Monday, hitting $22.75. The stock had a trading volume of 911,199 shares, compared to its average volume of 1,124,048. The company’s 50 day moving average is $22.31 and its 200-day moving average is $22.50. Camping World has a 12-month low of $17.29 and a 12-month high of $28.72. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The company has a market cap of $1.93 billion, a PE ratio of -32.96, a P/E/G ratio of 1.00 and a beta of 2.49.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were issued a $0.125 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.20%. Camping World’s payout ratio is currently -72.46%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Quest Partners LLC lifted its position in Camping World by 5,647.8% in the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after buying an additional 1,299 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares during the last quarter. Sandia Investment Management LP acquired a new position in shares of Camping World in the fourth quarter worth $105,000. Summit Investment Advisors Inc. increased its stake in shares of Camping World by 33.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock worth $117,000 after acquiring an additional 1,390 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new position in shares of Camping World in the third quarter worth $165,000. Hedge funds and other institutional investors own 52.54% of the company’s stock.

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.