Camping World (NYSE:CWH) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Camping World (NYSE:CWH) have earned an average rating of “Moderate Buy” from the twelve brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $17.6667.

CWH has been the topic of a number of research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Camping World in a report on Monday, December 29th. Citigroup lowered their target price on Camping World from $22.00 to $18.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Raymond James Financial dropped their price target on Camping World from $18.00 to $15.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Loop Capital began coverage on Camping World in a report on Friday, October 31st. They issued a “buy” rating and a $17.00 price objective for the company. Finally, BMO Capital Markets restated an “outperform” rating and issued a $22.00 price objective on shares of Camping World in a research note on Thursday, October 30th.

Camping World Price Performance

CWH opened at $11.73 on Wednesday. Camping World has a fifty-two week low of $9.49 and a fifty-two week high of $24.36. The firm has a 50-day moving average of $10.73 and a 200 day moving average of $14.60. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.27 and a current ratio of 1.26. The firm has a market cap of $1.20 billion, a P/E ratio of -12.61 and a beta of 2.00.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.33 by $0.10. Camping World had a negative net margin of 0.85% and a positive return on equity of 3.80%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same quarter in the previous year, the firm posted $0.17 earnings per share. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. On average, research analysts expect that Camping World will post -0.66 EPS for the current year.

Camping World Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Monday, December 15th were given a $0.125 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.50 annualized dividend and a dividend yield of 4.3%. Camping World’s payout ratio is -53.76%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CWH. Vident Advisory LLC bought a new stake in Camping World during the 1st quarter valued at $218,000. AQR Capital Management LLC purchased a new position in shares of Camping World in the first quarter valued at $1,787,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Camping World by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,339 shares of the company’s stock valued at $539,000 after purchasing an additional 1,401 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Camping World by 66.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 889,377 shares of the company’s stock valued at $14,372,000 after purchasing an additional 354,333 shares during the period. Finally, Voleon Capital Management LP lifted its holdings in Camping World by 76.9% during the 1st quarter. Voleon Capital Management LP now owns 53,074 shares of the company’s stock worth $858,000 after purchasing an additional 23,071 shares in the last quarter. 52.54% of the stock is owned by institutional investors.

Camping World Company Profile

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.