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

Camping World Holdings, Inc. (NYSE:CWHGet Free Report) has earned an average recommendation of “Moderate Buy” from the nine brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $28.00.

CWH has been the topic of a number of recent analyst reports. Bank of America started coverage on Camping World in a research report on Thursday, December 19th. They set a “buy” rating and a $30.00 price target on the stock. Monness Crespi & Hardt increased their price target on Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, September 27th. KeyCorp boosted their price target on Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Finally, Raymond James upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price target on the stock in a research note on Wednesday, October 30th.

Read Our Latest Research Report on CWH

Institutional Trading of Camping World

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its position in Camping World by 11.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock valued at $15,798,000 after buying an additional 65,798 shares during the period. Barclays PLC grew its position in shares of Camping World by 96.9% during the 3rd quarter. Barclays PLC now owns 317,052 shares of the company’s stock valued at $7,678,000 after acquiring an additional 156,055 shares during the period. Wellington Management Group LLP purchased a new position in shares of Camping World in the 3rd quarter valued at about $2,578,000. Citigroup Inc. raised its holdings in Camping World by 22.6% in the 3rd quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock worth $8,725,000 after purchasing an additional 66,355 shares during the period. Finally, Coronation Fund Managers Ltd. boosted its position in Camping World by 42.8% during the second quarter. Coronation Fund Managers Ltd. now owns 228,676 shares of the company’s stock worth $4,084,000 after purchasing an additional 68,517 shares in the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Trading Down 3.5 %

NYSE:CWH opened at $20.75 on Friday. The firm has a 50 day moving average of $22.77 and a 200 day moving average of $21.77. 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 52 week low of $17.29 and a 52 week high of $28.72. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of -30.07 and a beta of 2.49.

Camping World Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Friday, December 13th. Camping World’s payout ratio is -72.46%.

Camping World Company Profile

(Get Free Report

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.

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Analyst Recommendations for Camping World (NYSE:CWH)

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