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Shares of Camping World Holdings, Inc. (NYSE:CWH – Get Rating) have been assigned a consensus recommendation of “Hold” from the nine analysts that are presently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $32.83.
A number of equities analysts have commented on CWH shares. Raymond James dropped their price objective on shares of Camping World from $36.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, November 3rd. Truist Financial lowered their target price on shares of Camping World from $30.00 to $25.00 and set a “hold” rating for the company in a report on Friday, September 23rd. JPMorgan Chase & Co. lowered their target price on shares of Camping World from $46.00 to $37.00 and set an “overweight” rating for the company in a report on Thursday, November 3rd. Finally, StockNews.com initiated coverage on shares of Camping World in a report on Wednesday, October 12th. They issued a “hold” rating for the company.
Insider Activity at Camping World
In related news, CEO Marcus Lemonis sold 272,097 shares of Camping World stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $27.56, for a total transaction of $7,498,993.32. Following the completion of the sale, the chief executive officer now owns 600,171 shares in the company, valued at approximately $16,540,712.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 47.50% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Camping World
Large investors have recently modified their holdings of the business. CIBC Private Wealth Group LLC bought a new stake in shares of Camping World in the 2nd quarter valued at about $786,000. Dfpg Investments LLC bought a new stake in shares of Camping World in the 3rd quarter valued at about $286,000. Adirondack Retirement Specialists Inc. raised its holdings in shares of Camping World by 196.3% in the 2nd quarter. Adirondack Retirement Specialists Inc. now owns 601,035 shares of the company’s stock valued at $13,962,000 after purchasing an additional 398,192 shares in the last quarter. Fox Run Management L.L.C. raised its holdings in shares of Camping World by 105.6% in the 2nd quarter. Fox Run Management L.L.C. now owns 15,553 shares of the company’s stock valued at $336,000 after purchasing an additional 7,988 shares in the last quarter. Finally, Kendall Capital Management bought a new stake in shares of Camping World in the 2nd quarter valued at about $219,000. Institutional investors own 36.92% of the company’s stock.
Camping World Stock Performance
Shares of NYSE:CWH opened at $24.36 on Monday. Camping World has a 52 week low of $20.55 and a 52 week high of $39.74. The stock has a market capitalization of $2.04 billion, a P/E ratio of 5.37 and a beta of 2.56. The firm has a fifty day simple moving average of $25.26 and a two-hundred day simple moving average of $26.52. The company has a quick ratio of 0.25, a current ratio of 1.42 and a debt-to-equity ratio of 4.40.
Camping World (NYSE:CWH – Get Rating) last issued its quarterly earnings data on Tuesday, November 1st. The company reported $0.93 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.19). Camping World had a return on equity of 65.79% and a net margin of 2.79%. The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.82 billion. On average, analysts expect that Camping World will post 3.7 earnings per share for the current fiscal year.
Camping World Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 29th. Investors of record on Wednesday, December 14th were issued a dividend of $0.625 per share. The ex-dividend date of this dividend was Tuesday, December 13th. This represents a $2.50 dividend on an annualized basis and a yield of 10.26%. Camping World’s payout ratio is 55.07%.
Camping World Company Profile
Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs), and related products and services. 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.
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