Camping World Holdings, Inc. (NYSE:CWH) Short Interest Update

Camping World Holdings, Inc. (NYSE:CWH) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 7,050,000 shares, a decrease of 6.7% from the January 15th total of 7,560,000 shares. Based on an average daily volume of 1,260,000 shares, the short-interest ratio is presently 5.6 days.

Camping World Stock Performance

NYSE CWH opened at $22.32 on Wednesday. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of -32.34, a PEG ratio of 1.00 and a beta of 2.49. The company has a 50-day simple moving average of $22.31 and a two-hundred day simple moving average of $22.50. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. Camping World has a 12-month low of $17.29 and a 12-month high of $28.72.

Camping World Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were given a dividend of $0.125 per share. The ex-dividend date was Friday, December 13th. This represents a $0.50 annualized dividend and a yield of 2.24%. Camping World’s payout ratio is -72.46%.

Institutional Trading of Camping World

Several hedge funds and other institutional investors have recently bought and sold shares of CWH. Quest Partners LLC increased its stake in shares of Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after buying an additional 1,299 shares during the period. Blue Trust Inc. grew its holdings in Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares during the last quarter. Mpwm Advisory Solutions LLC bought a new stake in Camping World in the 4th quarter worth $63,000. Sandia Investment Management LP purchased a new position in shares of Camping World in the fourth quarter valued at about $105,000. Finally, Summit Investment Advisors Inc. raised its stake in shares of Camping World by 33.4% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock valued at $117,000 after acquiring an additional 1,390 shares during the last quarter. Institutional investors own 52.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CWH. Roth Mkm reiterated a “buy” rating and set a $28.00 target price (up from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. Raymond James upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price for the company in a research report on Wednesday, October 30th. KeyCorp raised their price target on Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Truist Financial upped their price objective on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Finally, Bank of America assumed coverage on Camping World in a report on Thursday, December 19th. They set a “buy” rating and a $30.00 price objective on the stock. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.71.

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.