Camping World (NYSE:CWH) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Camping World (NYSE:CWH) have earned an average recommendation of “Moderate Buy” from the twelve research firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $17.6667.

A number of brokerages recently issued reports on CWH. BMO Capital Markets restated an “outperform” rating and issued a $22.00 price objective on shares of Camping World in a research note on Thursday, October 30th. Citigroup reduced their target price on shares of Camping World from $22.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Truist Financial dropped their price target on shares of Camping World from $20.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. KeyCorp reduced their price objective on shares of Camping World from $21.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Finally, Raymond James Financial lowered their target price on shares of Camping World from $18.00 to $15.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th.

Camping World Price Performance

Shares of NYSE CWH opened at $11.01 on Wednesday. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 3.29. The stock has a fifty day simple moving average of $10.82 and a two-hundred day simple moving average of $14.75. Camping World has a 1-year low of $9.49 and a 1-year high of $24.36. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of -11.83 and a beta of 2.00.

Camping World (NYSE:CWH) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.10. The firm had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.75 billion. Camping World had a positive return on equity of 3.80% and a negative net margin of 0.85%.The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 EPS. Analysts anticipate that Camping World will post -0.66 earnings per share for the current year.

Camping World Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 15th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, December 15th. Camping World’s payout ratio is presently -53.76%.

Institutional Investors Weigh In On Camping World

Several hedge funds and other institutional investors have recently modified their holdings of CWH. Quarry LP lifted its holdings in shares of Camping World by 2,275.8% in the third quarter. Quarry LP now owns 1,568 shares of the company’s stock worth $25,000 after buying an additional 1,502 shares in the last quarter. State of Wyoming bought a new stake in Camping World during the 3rd quarter worth approximately $43,000. Aster Capital Management DIFC Ltd purchased a new stake in Camping World in the 3rd quarter worth approximately $83,000. Russell Investments Group Ltd. lifted its stake in Camping World by 923.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock worth $87,000 after purchasing an additional 4,998 shares in the last quarter. Finally, Ameritas Investment Partners Inc. boosted its holdings in Camping World by 11.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,154 shares of the company’s stock valued at $106,000 after purchasing an additional 608 shares during the period. 52.54% of the stock is currently owned by institutional investors.

About Camping World

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.