Analysts Set Camping World Holdings, Inc. (NYSE:CWH) Price Target at $27.75

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $27.43.

CWH has been the topic of several analyst reports. Monness Crespi & Hardt lifted their target price on Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Raymond James raised shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price for the company in a research report on Wednesday, October 30th. KeyCorp lifted their price target on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Truist Financial decreased their price objective on Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a report on Tuesday, January 7th. Finally, Bank of America initiated coverage on Camping World in a research note on Thursday, December 19th. They set a “buy” rating and a $30.00 target price on the stock.

Camping World Trading Up 1.2 %

Shares of NYSE:CWH opened at $23.00 on Wednesday. The company has a market capitalization of $1.95 billion, a PE ratio of -33.33, a P/E/G ratio of 0.97 and a beta of 2.49. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. Camping World has a 12-month low of $17.29 and a 12-month high of $28.72. The business’s fifty day simple moving average is $22.61 and its 200-day simple moving average is $22.31.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were paid a $0.125 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.17%. Camping World’s dividend payout ratio (DPR) is -72.46%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. American Century Companies Inc. boosted its position in Camping World by 15.8% in the second quarter. American Century Companies Inc. now owns 66,157 shares of the company’s stock valued at $1,182,000 after buying an additional 9,003 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Camping World by 20.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock valued at $12,834,000 after acquiring an additional 121,022 shares during the last quarter. XTX Topco Ltd increased its stake in shares of Camping World by 44.1% in the second quarter. XTX Topco Ltd now owns 22,366 shares of the company’s stock worth $399,000 after acquiring an additional 6,843 shares during the period. Lombard Odier Asset Management USA Corp purchased a new position in shares of Camping World during the second quarter worth $309,000. Finally, Point72 DIFC Ltd acquired a new position in Camping World during the second quarter valued at $50,000. 52.54% of the stock is owned by institutional investors and hedge funds.

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.