Camping World Holdings, Inc. (NYSE:CWH) Receives $28.00 Average Price Target from Brokerages

Camping World Holdings, Inc. (NYSE:CWH) has been assigned a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $28.00.

A number of equities research analysts have issued reports on the company. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Monness Crespi & Hardt increased their price target on Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a report on Friday, September 27th. KeyCorp lifted their price objective on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Raymond James raised shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price 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.

Camping World Stock Up 1.1 %

Shares of NYSE CWH opened at $21.08 on Friday. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of -30.55 and a beta of 2.49. Camping World has a 12-month low of $17.29 and a 12-month high of $28.72. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The firm’s 50-day moving average price is $22.71 and its 200-day moving average price is $21.85.

Camping World Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were issued a dividend of $0.125 per share. 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 2.37%. Camping World’s payout ratio is -72.46%.

Institutional Trading of Camping World

Several institutional investors and hedge funds have recently modified their holdings of CWH. Quest Partners LLC raised its holdings in shares of 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. Point72 DIFC Ltd bought a new stake in shares of Camping World in the 2nd quarter valued at about $50,000. Truvestments Capital LLC bought a new stake in shares of Camping World in the 3rd quarter valued at about $165,000. nVerses Capital LLC purchased a new stake in shares of Camping World in the 3rd quarter worth approximately $191,000. Finally, Telos Capital Management Inc. bought a new position in shares of Camping World during the second quarter valued at approximately $196,000. Institutional investors own 52.54% of the company’s stock.

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.