Camping World Holdings, Inc. (NYSE:CWH) Given Average Rating of “Moderate Buy” by Analysts

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been given an average rating of “Moderate Buy” by the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $27.75.

Several equities analysts have recently issued reports on the company. KeyCorp upped their target price on Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Bank of America began coverage on shares of Camping World in a research note on Thursday, December 19th. They issued a “buy” rating and a $30.00 price objective for the company. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $24.00 price target (down from $25.00) on shares of Camping World in a research report on Monday, October 21st. Raymond James upgraded Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective on the stock in a research report on Wednesday, October 30th. Finally, Monness Crespi & Hardt lifted their target price on shares of Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, September 27th.

Camping World Price Performance

CWH stock opened at $22.55 on Wednesday. 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 capitalization of $1.92 billion, a P/E ratio of -32.68, a price-to-earnings-growth ratio of 1.02 and a beta of 2.49. The business has a 50-day simple moving average of $22.71 and a two-hundred day simple moving average of $22.25. Camping World has a 52-week low of $17.29 and a 52-week high of $28.72.

Camping World Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.22%. Camping World’s dividend payout ratio is currently -72.46%.

Institutional Investors Weigh In On Camping World

A number of large investors have recently made changes to their positions in the business. Creative Planning grew its position in shares of Camping World by 8.7% in the 3rd quarter. Creative Planning now owns 11,133 shares of the company’s stock worth $270,000 after buying an additional 892 shares during the period. Verdence Capital Advisors LLC boosted its holdings in shares of Camping World by 1.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 62,603 shares of the company’s stock valued at $1,516,000 after acquiring an additional 965 shares during the last quarter. Quest Partners LLC grew 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 purchasing an additional 1,299 shares during the period. The Manufacturers Life Insurance Company increased its position in Camping World by 7.0% during 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. Finally, Point72 DIFC Ltd bought a new position in shares of Camping World in the 2nd quarter worth approximately $50,000. 52.54% of the stock is currently owned by institutional investors.

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.