Camping World (NYSE:CWH) Research Coverage Started at Bank of America

Bank of America started coverage on shares of Camping World (NYSE:CWH) in a research report report published on Thursday morning, MarketBeat reports. The brokerage issued a buy rating and a $30.00 price target on the stock.

Several other research firms have also issued reports on CWH. Roth Mkm reissued a “buy” rating and set a $28.00 price target (up from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Monness Crespi & Hardt boosted their price objective on shares of Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Raymond James raised shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price on the stock in a report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $24.00 target price (down from $25.00) on shares of Camping World in a report on Monday, October 21st. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $28.00.

Camping World Stock Up 5.0 %

Shares of Camping World stock opened at $21.31 on Thursday. The business has a 50-day moving average price of $22.97 and a 200 day moving average price of $21.74. Camping World has a fifty-two week low of $17.29 and a fifty-two week high of $28.72. The firm has a market cap of $1.81 billion, a P/E ratio of -30.88 and a beta of 2.49. 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date is Friday, December 13th. Camping World’s dividend payout ratio (DPR) is -72.46%.

Institutional Investors Weigh In On Camping World

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Eminence Capital LP increased its stake in Camping World by 79.8% during the 2nd quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock valued at $77,589,000 after buying an additional 1,927,977 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Camping World by 4.5% in the third quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock valued at $23,701,000 after acquiring an additional 41,705 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Camping World by 20.3% during the second quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock valued at $12,834,000 after acquiring an additional 121,022 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Camping World by 11.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock worth $15,798,000 after purchasing an additional 65,798 shares during the period. Finally, Citigroup Inc. boosted its stake in Camping World by 22.6% during the 3rd quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock valued at $8,725,000 after purchasing an additional 66,355 shares in the last quarter. 52.54% of the stock is currently owned by institutional investors.

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.