Camping World Holdings, Inc. (NYSE:CWH) Given Consensus Rating of “Moderate Buy” by Analysts

Camping World Holdings, Inc. (NYSE:CWH) has been given an average recommendation of “Moderate Buy” by the seven analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $27.43.

A number of equities analysts have recently issued reports on the stock. Bank of America assumed coverage on shares of Camping World in a research report on Thursday, December 19th. They set a “buy” rating and a $30.00 price objective on the stock. KeyCorp upped their target price on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Roth Mkm reiterated a “buy” rating and set a $28.00 price target (up previously from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. StockNews.com raised shares of Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $24.00 target price (down previously from $25.00) on shares of Camping World in a research note on Monday, October 21st.

Camping World Price Performance

Camping World stock opened at $23.00 on Wednesday. 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 $1.95 billion, a price-to-earnings ratio of -33.33, a PEG ratio of 0.97 and a beta of 2.49. The stock’s 50 day moving average price is $22.61 and its two-hundred day moving average price is $22.37. Camping World has a 52-week low of $17.29 and a 52-week high of $28.72.

Camping World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were issued a $0.125 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.17%. Camping World’s payout ratio is -72.46%.

Institutional Investors Weigh In On Camping World

Hedge funds and other institutional investors have recently modified their holdings of the stock. Quest Partners LLC boosted its holdings in Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after acquiring an additional 1,299 shares in the last quarter. Blue Trust Inc. increased its stake 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 in the last quarter. Point72 DIFC Ltd bought a new position in Camping World in the 2nd quarter valued at approximately $50,000. Truvestments Capital LLC purchased a new position in Camping World in the 3rd quarter worth about $165,000. Finally, nVerses Capital LLC bought a new position in Camping World during the third quarter valued at approximately $191,000. Institutional investors own 52.54% of the company’s stock.

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.