Camping World Holdings, Inc. (NYSE:CWH) Receives $25.88 Consensus Price Target from Brokerages

Shares of Camping World Holdings, Inc. (NYSE:CWH) have been given a consensus rating of “Moderate Buy” by the nine brokerages that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $25.88.

CWH has been the subject of a number of analyst reports. Robert W. Baird restated a “neutral” rating and set a $18.00 price objective (down from $28.00) on shares of Camping World in a research report on Friday, April 4th. Truist Financial increased their price target on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, February 10th. KeyCorp lowered their target price on Camping World from $27.00 to $22.00 and set an “overweight” rating for the company in a report on Thursday, March 20th. Bank of America assumed coverage on shares of Camping World in a research note on Thursday, December 19th. They issued a “buy” rating and a $30.00 price objective for the company. Finally, Baird R W downgraded shares of Camping World from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th.

Insiders Place Their Bets

In related news, President Matthew D. Wagner bought 5,725 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the acquisition, the president now directly owns 300,640 shares of the company’s stock, valued at $5,294,270.40. The trade was a 1.94 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 43.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CWH. Blue Trust Inc. lifted its stake in shares of Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock valued at $32,000 after purchasing an additional 1,014 shares during the period. Mpwm Advisory Solutions LLC bought a new position in Camping World in the fourth quarter worth $63,000. Sandia Investment Management LP purchased a new position in Camping World during the fourth quarter valued at $105,000. Summit Investment Advisors Inc. grew its position in shares of Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock worth $117,000 after buying an additional 1,390 shares during the period. Finally, AlphaQuest LLC increased its stake in shares of Camping World by 494.9% in the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company’s stock worth $166,000 after acquiring an additional 6,543 shares in the last quarter. Institutional investors own 52.54% of the company’s stock.

Camping World Stock Up 9.8 %

Shares of NYSE CWH opened at $13.83 on Monday. The stock has a 50-day moving average price of $18.54 and a two-hundred day moving average price of $21.31. Camping World has a 12 month low of $11.81 and a 12 month high of $25.97. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The company has a market cap of $1.41 billion, a price-to-earnings ratio of -20.04, a PEG ratio of 0.92 and a beta of 2.32.

Camping World (NYSE:CWH) last posted its earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.55). Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.13 billion. As a group, analysts forecast that Camping World will post -0.66 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 3.62%. Camping World’s payout ratio is -65.79%.

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.