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

Camping World Holdings, Inc. (NYSE:CWH) has been assigned a consensus rating of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $27.43.

A number of research firms have recently weighed in on CWH. Bank of America began coverage on shares of Camping World in a research note on Thursday, December 19th. They set a “buy” rating and a $30.00 price target on the stock. Truist Financial lowered their price target on shares of Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, January 7th. StockNews.com raised shares of Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Raymond James raised 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 note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $24.00 price target (down from $25.00) on shares of Camping World in a research note on Monday, October 21st.

Institutional Investors Weigh In On Camping World

Hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in shares of Camping World by 611.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company’s stock worth $7,094,000 after purchasing an additional 251,748 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Camping World by 4.5% during the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock worth $23,701,000 after purchasing an additional 41,705 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Camping World by 11.2% during the 3rd 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. Barclays PLC boosted its stake in shares of Camping World by 96.9% during the 3rd quarter. Barclays PLC now owns 317,052 shares of the company’s stock worth $7,678,000 after purchasing an additional 156,055 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of Camping World during the 3rd quarter worth about $2,578,000. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Stock Up 0.3 %

Shares of Camping World stock opened at $23.13 on Wednesday. The company has a market cap of $1.96 billion, a P/E ratio of -33.52, a PEG ratio of 0.97 and a beta of 2.49. 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 one year low of $17.29 and a one year high of $28.72. The firm has a fifty day moving average of $22.63 and a two-hundred day moving average of $22.39.

Camping World Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were paid a $0.125 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.16%. Camping World’s payout ratio 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.