Analysts Set Camping World Holdings, Inc. (NYSE:CWH) Price Target at $25.43

Shares of Camping World Holdings, Inc. (NYSE:CWH) have received an average rating of “Buy” from the six research firms that are covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $25.71.

A number of research firms recently issued reports on CWH. Truist Financial raised their price objective on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Friday. KeyCorp lowered their price target on shares of Camping World from $26.00 to $25.00 and set an “overweight” rating on the stock in a report on Friday, August 2nd. Monness Crespi & Hardt reduced their price objective on Camping World from $29.00 to $24.00 and set a “buy” rating for the company in a report on Wednesday, June 26th. Finally, Roth Mkm lowered their target price on Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday, August 5th.

Insiders Place Their Bets

In related news, CEO Marcus Lemonis sold 121,450 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $21.80, for a total value of $2,647,610.00. Following the completion of the transaction, the chief executive officer now directly owns 155,268 shares in the company, valued at approximately $3,384,842.40. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 43.80% of the company’s stock.

Institutional Investors Weigh In On Camping World

Several institutional investors and hedge funds have recently added to or reduced their stakes in CWH. Eminence Capital LP boosted its position in Camping World by 79.8% in the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock worth $77,589,000 after purchasing an additional 1,927,977 shares during the last quarter. Vanguard Group Inc. grew its position in Camping World by 1.0% during the first quarter. Vanguard Group Inc. now owns 4,075,412 shares of the company’s stock valued at $113,500,000 after buying an additional 40,137 shares during the period. Capital Research Global Investors increased its holdings in Camping World by 31.2% during the first quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock valued at $60,129,000 after buying an additional 513,320 shares during the last quarter. Interval Partners LP raised its position in Camping World by 98.9% in the first quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock worth $55,749,000 after acquiring an additional 995,096 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Camping World by 20.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock worth $12,834,000 after acquiring an additional 121,022 shares during the last quarter. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Trading Down 2.8 %

NYSE:CWH opened at $23.67 on Thursday. Camping World has a 12 month low of $16.18 and a 12 month high of $28.72. The company has a current ratio of 1.19, a quick ratio of 0.19 and a debt-to-equity ratio of 10.08. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of -591.75 and a beta of 2.47. The firm has a fifty day simple moving average of $21.73 and a two-hundred day simple moving average of $21.70.

Camping World (NYSE:CWH) last issued its earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. The firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the company earned $0.60 earnings per share. Camping World’s revenue for the quarter was down 5.3% compared to the same quarter last year. Analysts expect that Camping World will post -0.61 EPS for the current fiscal year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Investors of record on Friday, September 13th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Friday, September 13th. Camping World’s dividend payout ratio (DPR) is -1,250.00%.

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.