Camping World (NYSE:CWH – Get Rating) had its price target boosted by Raymond James from $32.00 to $36.00 in a research report sent to investors on Thursday, Benzinga reports. They currently have an outperform rating on the stock.
A number of other research firms have also recently weighed in on CWH. TheStreet cut Camping World from a b- rating to a c+ rating in a report on Monday, April 25th. DA Davidson initiated coverage on Camping World in a research note on Wednesday, April 13th. They issued a neutral rating and a $29.00 target price on the stock. Truist Financial reduced their target price on Camping World to $26.00 in a research note on Thursday, May 26th. Finally, Monness Crespi & Hardt upped their target price on Camping World from $32.00 to $36.00 and gave the company a buy rating in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Camping World has a consensus rating of Hold and an average price target of $37.50.
Get Camping World alerts:Camping World Stock Performance
NYSE CWH opened at $29.02 on Thursday. The company has a current ratio of 1.39, a quick ratio of 0.23 and a debt-to-equity ratio of 4.96. The business's 50 day moving average is $24.99 and its two-hundred day moving average is $28.00. Camping World has a 12-month low of $20.85 and a 12-month high of $46.77. The stock has a market capitalization of $2.41 billion, a price-to-earnings ratio of 5.49 and a beta of 2.79.
Camping World (NYSE:CWH – Get Rating) last released its quarterly earnings results on Tuesday, August 2nd. The company reported $2.16 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.21. Camping World had a return on equity of 87.92% and a net margin of 3.31%. During the same period in the previous year, the company posted $2.40 EPS. Research analysts expect that Camping World will post 5.04 EPS for the current year.Camping World Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 29th. Shareholders of record on Tuesday, June 14th were paid a dividend of $0.625 per share. This represents a $2.50 dividend on an annualized basis and a dividend yield of 8.61%. The ex-dividend date of this dividend was Monday, June 13th. Camping World's dividend payout ratio is presently 47.26%.
Insiders Place Their Bets
In other Camping World news, CEO Marcus Lemonis purchased 38,350 shares of Camping World stock in a transaction on Friday, June 10th. The shares were bought at an average price of $26.36 per share, with a total value of $1,010,906.00. Following the purchase, the chief executive officer now directly owns 121,450 shares in the company, valued at approximately $3,201,422. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 47.50% of the company's stock.
Institutional Trading of Camping World
A number of institutional investors and hedge funds have recently made changes to their positions in CWH. HG Vora Capital Management LLC acquired a new stake in shares of Camping World during the 1st quarter worth $117,390,000. Adirondack Retirement Specialists Inc. increased its holdings in shares of Camping World by 196.3% during the 2nd quarter. Adirondack Retirement Specialists Inc. now owns 601,035 shares of the company's stock worth $13,962,000 after buying an additional 398,192 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Camping World by 63.7% during the 4th quarter. Millennium Management LLC now owns 972,806 shares of the company's stock worth $39,301,000 after buying an additional 378,660 shares during the last quarter. Stansberry Asset Management LLC increased its holdings in shares of Camping World by 1,099.3% during the 1st quarter. Stansberry Asset Management LLC now owns 408,464 shares of the company's stock worth $11,416,000 after buying an additional 374,406 shares during the last quarter. Finally, Great West Life Assurance Co. Can increased its holdings in shares of Camping World by 12,962.0% during the 1st quarter. Great West Life Assurance Co. Can now owns 369,786 shares of the company's stock worth $10,318,000 after buying an additional 366,955 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors and hedge funds.
Camping World Company Profile
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Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs), and related products and services. 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.
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