Analysts Set Camping World Holdings, Inc. (NYSE:CWH) PT at $27.71

Camping World Holdings, Inc. (NYSE:CWH) has been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $27.71.

A number of equities research analysts recently issued reports on CWH shares. Bank of America started coverage on Camping World in a research report on Thursday, December 19th. They issued a “buy” rating and a $30.00 target price on the stock. Truist Financial lifted their target price on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, February 10th.

Insiders Place Their Bets

In other Camping World news, President Matthew D. Wagner purchased 5,725 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average cost of $17.61 per share, with a total value of $100,817.25. Following the completion of the transaction, the president now owns 300,640 shares of the company’s stock, valued at $5,294,270.40. The trade was a 1.94 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 43.80% of the company’s stock.

Hedge Funds Weigh In On Camping World

Large investors have recently made changes to their positions in the stock. Quest Partners LLC raised its position in Camping World by 5,647.8% during the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after purchasing an additional 1,299 shares in the last quarter. Blue Trust Inc. increased its holdings in Camping World by 195.0% during the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock valued at $32,000 after purchasing an additional 1,014 shares during the period. Mpwm Advisory Solutions LLC bought a new stake in Camping World during the 4th quarter valued at approximately $63,000. Sandia Investment Management LP purchased a new position in shares of Camping World during the 4th quarter worth approximately $105,000. Finally, Summit Investment Advisors Inc. grew its holdings in shares of Camping World by 33.4% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock worth $117,000 after acquiring an additional 1,390 shares during the period. 52.54% of the stock is owned by institutional investors.

Camping World Price Performance

Shares of CWH stock opened at $17.04 on Thursday. The stock’s fifty day moving average is $21.20 and its 200-day moving average is $22.24. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The stock has a market capitalization of $1.74 billion, a PE ratio of -24.69, a PEG ratio of 0.92 and a beta of 2.57. Camping World has a 52 week low of $15.39 and a 52 week high of $28.33.

Camping World (NYSE:CWH) last issued its earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.55). The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. Equities research analysts expect that Camping World will post -0.66 EPS for the current fiscal year.

Camping World Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be issued a $0.125 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 2.94%. Camping World’s payout ratio is currently -65.79%.

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.