Camping World Holdings, Inc. (NYSE:CWH) Receives $25.43 Consensus PT from Brokerages

Camping World Holdings, Inc. (NYSE:CWH) has earned an average rating of “Buy” from the six research firms that are covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $25.71.

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

Camping World Stock Performance

CWH opened at $23.67 on Thursday. The company has a 50 day simple moving average of $21.73 and a two-hundred day simple moving average of $21.70. The company has a debt-to-equity ratio of 10.08, a current ratio of 1.19 and a quick ratio of 0.19. The firm has a market cap of $2.00 billion, a P/E ratio of -591.75 and a beta of 2.47. Camping World has a 1-year low of $16.18 and a 1-year high of $28.72.

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

Camping World Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 25th. Investors of record on Friday, September 13th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date is Friday, September 13th. Camping World’s payout ratio is -1,250.00%.

Insider Buying and Selling at Camping World

In related news, CEO Marcus Lemonis sold 125,000 shares of Camping World stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $22.84, for a total value of $2,855,000.00. Following the completion of the transaction, the chief executive officer now owns 155,268 shares in the company, valued at $3,546,321.12. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 43.80% of the stock is owned by company insiders.

Institutional Trading of Camping World

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Eminence Capital LP boosted its stake in Camping World by 79.8% during the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock worth $77,589,000 after buying an additional 1,927,977 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Camping World by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 4,075,412 shares of the company’s stock worth $113,500,000 after acquiring an additional 40,137 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of Camping World by 31.2% during 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 period. Interval Partners LP grew its holdings in Camping World by 98.9% during the 1st quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock valued at $55,749,000 after purchasing an additional 995,096 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Camping World by 20.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock worth $12,834,000 after purchasing an additional 121,022 shares during the period. Hedge funds and other institutional investors own 52.54% of the company’s stock.

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.