Camping World (NYSE:CWH) Given Consensus Rating of “Moderate Buy” by Analysts

Camping World (NYSE:CWH) has received a consensus rating of “Moderate Buy” from the eleven ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $17.6667.

Several equities research analysts recently issued reports on the company. BMO Capital Markets reissued an “outperform” rating and set a $22.00 price objective on shares of Camping World in a research note on Thursday, October 30th. Wall Street Zen downgraded Camping World from a “hold” rating to a “sell” rating in a research report on Saturday. Raymond James Financial cut their price objective on Camping World from $18.00 to $15.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. KeyCorp lowered their target price on shares of Camping World from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Camping World from $22.00 to $19.00 and set an “overweight” rating on the stock in a report on Monday, November 3rd.

Hedge Funds Weigh In On Camping World

A number of hedge funds and other institutional investors have recently modified their holdings of CWH. Eminence Capital LP boosted its stake in shares of Camping World by 123.3% during the second quarter. Eminence Capital LP now owns 4,134,705 shares of the company’s stock valued at $71,076,000 after purchasing an additional 2,283,331 shares during the period. Bank of America Corp DE raised its holdings in Camping World by 128.1% during the 3rd quarter. Bank of America Corp DE now owns 1,345,777 shares of the company’s stock valued at $21,250,000 after buying an additional 755,665 shares during the last quarter. Walleye Capital LLC boosted its position in Camping World by 807.5% during the 2nd quarter. Walleye Capital LLC now owns 587,149 shares of the company’s stock valued at $10,093,000 after buying an additional 522,449 shares during the period. Capital Research Global Investors grew its holdings in Camping World by 15.5% in the 3rd quarter. Capital Research Global Investors now owns 3,715,646 shares of the company’s stock worth $58,670,000 after acquiring an additional 499,999 shares during the last quarter. Finally, Balyasny Asset Management L.P. increased its position in shares of Camping World by 18.0% in the second quarter. Balyasny Asset Management L.P. now owns 3,221,271 shares of the company’s stock valued at $55,374,000 after acquiring an additional 490,245 shares during the period. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Stock Down 1.1%

CWH opened at $13.18 on Friday. The firm has a market capitalization of $1.35 billion, a P/E ratio of -14.17 and a beta of 2.00. Camping World has a one year low of $9.49 and a one year high of $24.36. The company has a fifty day moving average price of $11.40 and a 200-day moving average price of $14.13. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.26 and a quick ratio of 0.27.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 15th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, December 15th. Camping World’s dividend payout ratio is currently -53.76%.

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.