Brokerages Set Camping World Holdings, Inc. (NYSE:CWH) PT at $25.43

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been given an average recommendation of “Buy” by the six ratings firms that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a buy recommendation. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $25.71.

A number of brokerages have recently issued reports on CWH. Monness Crespi & Hardt cut their price target on Camping World from $29.00 to $24.00 and set a “buy” rating on the stock in a report on Wednesday, June 26th. KeyCorp reduced their target price on shares of Camping World from $26.00 to $25.00 and set an “overweight” rating for the company in a report on Friday, August 2nd. Truist Financial raised their price target on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Friday. Finally, Roth Mkm reduced their price objective on shares of Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, August 5th.

Camping World Stock Down 0.7 %

NYSE:CWH opened at $24.35 on Thursday. The company has a debt-to-equity ratio of 10.08, a current ratio of 1.19 and a quick ratio of 0.19. Camping World has a 1-year low of $16.18 and a 1-year high of $28.72. The company has a 50-day moving average of $21.70 and a 200 day moving average of $21.77. The firm has a market cap of $2.06 billion, a PE ratio of -608.75 and a beta of 2.47.

Camping World (NYSE:CWH) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.10). The business had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. Camping World’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 EPS. As a group, research analysts anticipate that Camping World will post -0.61 EPS for the current fiscal year.

Camping World Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Investors of record on Friday, September 13th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend is Friday, September 13th. Camping World’s payout ratio is currently -1,250.00%.

Insider Buying and Selling at Camping World

In other news, CEO Marcus Lemonis sold 121,450 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $21.80, for a total value of $2,647,610.00. Following the completion of the transaction, the chief executive officer now directly owns 155,268 shares in the company, valued at $3,384,842.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 43.80% of the stock is currently owned by company insiders.

Institutional Trading of Camping World

Hedge funds and other institutional investors have recently made changes to their positions in the business. ICA Group Wealth Management LLC purchased a new position in Camping World during the fourth quarter valued at approximately $35,000. Point72 DIFC Ltd acquired a new position in shares of Camping World in the 2nd quarter valued at $50,000. Russell Investments Group Ltd. boosted its holdings in Camping World by 6,495.0% during the first quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company’s stock worth $110,000 after buying an additional 3,897 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Camping World during the fourth quarter valued at $172,000. Finally, Telos Capital Management Inc. purchased a new position in Camping World in the second quarter valued at $196,000. 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.