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

Camping World Holdings, Inc. (NYSE:CWH) has been given a consensus rating of “Moderate Buy” by the seven brokerages that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $27.71.

Several equities analysts have issued reports on the company. Truist Financial lifted their price objective on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research 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. Finally, Bank of America assumed coverage on shares of Camping World in a research report on Thursday, December 19th. They issued a “buy” rating and a $30.00 price objective for the company.

Camping World Trading Down 0.4 %

NYSE:CWH opened at $16.49 on Thursday. The company’s 50 day moving average is $21.46 and its 200-day moving average is $22.37. 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 has a 12 month low of $15.39 and a 12 month high of $28.33. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of -23.90, a P/E/G ratio of 0.92 and a beta of 2.57.

Camping World (NYSE:CWH) last released its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) EPS for the quarter, hitting analysts’ consensus estimates of ($0.55). The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. Equities analysts anticipate that Camping World will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio is currently -65.79%.

Insiders Place Their Bets

In other news, President Matthew D. Wagner acquired 5,725 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average cost of $17.61 per share, with a total value of $100,817.25. Following the completion of the purchase, the president now directly owns 300,640 shares of the company’s stock, valued at $5,294,270.40. The trade was a 1.94 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 43.80% of the company’s stock.

Hedge Funds Weigh In On Camping World

Institutional investors have recently modified their holdings of the business. Camelot Portfolios LLC raised its stake in Camping World by 3.7% during the fourth quarter. Camelot Portfolios LLC now owns 14,100 shares of the company’s stock worth $297,000 after acquiring an additional 500 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Camping World by 195.0% during the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock valued at $32,000 after purchasing an additional 1,014 shares during the last quarter. Quest Partners LLC increased its position in Camping World by 5,647.8% during 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 in the last quarter. Summit Investment Advisors Inc. lifted its stake in Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock valued at $117,000 after purchasing an additional 1,390 shares during the last quarter. Finally, XTX Topco Ltd boosted its position in Camping World by 17.8% in the fourth quarter. XTX Topco Ltd now owns 16,373 shares of the company’s stock valued at $345,000 after buying an additional 2,470 shares in the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

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.