Camping World Holdings, Inc. (NYSE:CWH) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Camping World Holdings, Inc. (NYSE:CWH) has been assigned an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $27.71.

A number of equities research analysts recently weighed in on the company. Raymond James raised Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price on the stock in a research report on Wednesday, October 30th. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Truist Financial lifted 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. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $24.00 price objective (down from $25.00) on shares of Camping World in a report on Monday, October 21st. Finally, KeyCorp lifted their price objective on Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Quest Partners LLC raised 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 last quarter. Blue Trust Inc. raised its position in Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after purchasing an additional 1,014 shares during the last quarter. Ameritas Investment Partners Inc. raised its position in Camping World by 33.4% in the 4th quarter. Ameritas Investment Partners Inc. now owns 5,546 shares of the company’s stock worth $117,000 after purchasing an additional 1,390 shares during the last quarter. Truvestments Capital LLC bought a new position in Camping World in the 3rd quarter worth approximately $165,000. Finally, AlphaQuest LLC raised its position in Camping World by 494.9% in the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company’s stock worth $166,000 after purchasing an additional 6,543 shares during the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Stock Down 1.0 %

CWH stock opened at $22.75 on Friday. Camping World has a twelve month low of $17.29 and a twelve month high of $28.72. The company has a market cap of $1.93 billion, a PE ratio of -32.96, a price-to-earnings-growth ratio of 1.00 and a beta of 2.49. The business’s 50-day simple moving average is $22.35 and its 200 day simple moving average is $22.50. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67.

Camping World Dividend Announcement

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. This represents a $0.50 annualized dividend and a dividend yield of 2.20%. The ex-dividend date was Friday, December 13th. Camping World’s payout ratio is currently -72.46%.

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.