Camping World Holdings, Inc. (NYSE:CWH) Receives $27.83 Consensus Target Price from Brokerages

Camping World Holdings, Inc. (NYSE:CWH) has received an average recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among analysts that have issued a report on the stock in the last year is $27.83.

CWH has been the topic of a number of recent analyst reports. Monness Crespi & Hardt boosted their price objective on shares of Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, September 27th. KeyCorp cut their price target on Camping World from $26.00 to $25.00 and set an “overweight” rating on the stock in a research note on Friday, August 2nd. Truist Financial increased their price target on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Friday, September 20th. Finally, Roth Mkm dropped their price objective on Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, August 5th.

Insider Transactions at Camping World

In other Camping World news, CEO Marcus Lemonis sold 121,450 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $21.80, for a total transaction of $2,647,610.00. Following the completion of the sale, the chief executive officer now owns 155,268 shares in the company, valued at $3,384,842.40. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 43.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Eminence Capital LP lifted its holdings in Camping World by 79.8% in the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock worth $77,589,000 after acquiring an additional 1,927,977 shares during the last quarter. Interval Partners LP raised its position in shares of Camping World by 98.9% during the 1st quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock worth $55,749,000 after purchasing an additional 995,096 shares during the period. Capital Research Global Investors lifted its holdings in shares of Camping World by 31.2% in the 1st quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock worth $60,129,000 after purchasing an additional 513,320 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in Camping World during the 1st quarter valued at approximately $9,403,000. Finally, Castleark Management LLC bought a new position in Camping World during the 1st quarter worth $5,028,000. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Stock Performance

Shares of NYSE:CWH opened at $24.05 on Monday. The business’s 50-day simple moving average is $22.46 and its 200 day simple moving average is $21.42. The company has a market cap of $2.03 billion, a P/E ratio of -601.25 and a beta of 2.47. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.19 and a current ratio of 1.19. Camping World has a one year low of $16.18 and a one year high of $28.72.

Camping World (NYSE:CWH) last posted its earnings results on Wednesday, July 31st. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). The firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.87 billion. Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. The company’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.60 earnings per share. On average, sell-side analysts forecast that Camping World will post -0.6 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date of this dividend was Friday, September 13th. Camping World’s dividend payout ratio is presently -1,250.00%.

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.