Analysts Set Camping World Holdings, Inc. (NYSE:CWH) Price Target at $28.00

Camping World Holdings, Inc. (NYSE:CWH) has been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $28.00.

Several research firms recently weighed in on CWH. Bank of America assumed coverage on shares of Camping World in a report on Thursday, December 19th. They issued a “buy” rating and a $30.00 price target on the stock. Raymond James upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price target on the stock 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 report on Thursday, November 14th. Truist Financial upped their target price on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, September 20th. 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.

Institutional Trading of Camping World

A number of institutional investors and hedge funds have recently bought and sold shares of CWH. Eminence Capital LP grew its holdings in shares of Camping World by 79.8% during the second 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 last quarter. Geode Capital Management LLC boosted its stake in Camping World by 4.5% during the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock valued at $23,701,000 after purchasing an additional 41,705 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Camping World by 20.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock worth $12,834,000 after purchasing an additional 121,022 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of 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 last quarter. Finally, Citigroup Inc. lifted its holdings in shares of Camping World by 22.6% during the third 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 Price Performance

Shares of CWH stock opened at $20.93 on Friday. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. 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 $1.78 billion, a P/E ratio of -30.33 and a beta of 2.49. The business’s 50 day moving average price is $22.70 and its 200-day moving average price is $21.86.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend was Friday, December 13th. Camping World’s dividend payout ratio (DPR) is -72.46%.

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.