Camping World (NYSE:CWH – Get Free Report)’s share price traded up 7.7% during mid-day trading on Monday after Citigroup raised their price target on the stock from $21.00 to $23.00. Citigroup currently has a buy rating on the stock. Camping World traded as high as $19.25 and last traded at $19.26. 571,992 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 1,638,950 shares. The stock had previously closed at $17.89.
Several other equities research analysts also recently issued reports on the company. Truist Financial increased their price objective on Camping World from $16.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, June 3rd. KeyCorp reissued an “overweight” rating and issued a $18.00 price objective (up from $16.00) on shares of Camping World in a research note on Friday, May 23rd. Baird R W downgraded Camping World from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. Robert W. Baird cut their price target on Camping World from $18.00 to $15.00 and set a “neutral” rating for the company in a research note on Thursday, May 1st. Finally, JPMorgan Chase & Co. raised Camping World from a “neutral” rating to an “overweight” rating and cut their price target for the stock from $23.00 to $21.00 in a research note on Thursday, May 1st. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.44.
Institutional Trading of Camping World
Camping World Stock Performance
The company has a debt-to-equity ratio of 3.53, a current ratio of 1.26 and a quick ratio of 0.19. The company has a market cap of $1.86 billion, a price-to-earnings ratio of -39.59 and a beta of 1.88. The stock has a 50-day moving average price of $15.32 and a 200 day moving average price of $18.66.
Camping World (NYSE:CWH – Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.07. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a negative return on equity of 8.66% and a negative net margin of 0.47%. Camping World’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the company earned ($0.40) earnings per share. As a group, analysts anticipate that Camping World will post -0.66 EPS for the current fiscal year.
Camping World Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.75%. Camping World’s dividend payout ratio is -108.70%.
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.
Further Reading
- Five stocks we like better than Camping World
- Using the MarketBeat Dividend Yield Calculator
- Analyst Downgrades Joby, But Overlooks Major Regulatory Wins
- What is the Hang Seng index?
- U.S. Steel Stock Burns the Bears With Surprise Upside Move
- Stock Average Calculator
- Lululemon, UNH, Enphase: Bad News, Good Opportunity?
Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.