Camping World Holdings, Inc. (NYSE:CWH) Short Interest Update

Camping World Holdings, Inc. (NYSE:CWH) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 7,050,000 shares, a drop of 6.7% from the January 15th total of 7,560,000 shares. Based on an average trading volume of 1,260,000 shares, the short-interest ratio is presently 5.6 days.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. KeyCorp lifted their price target on Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $24.00 price target (down previously from $25.00) on shares of Camping World in a research note on Monday, October 21st. Raymond James raised Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price target for the company in a research note on Wednesday, October 30th. Finally, Truist Financial lifted their price objective on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.71.

Hedge Funds Weigh In On Camping World

Hedge funds have recently added to or reduced their stakes in the business. Quest Partners LLC lifted its position in shares of Camping World by 5,647.8% in the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after buying an additional 1,299 shares during the last quarter. Blue Trust Inc. lifted its position in Camping World by 195.0% in 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 during the last quarter. Sandia Investment Management LP bought a new stake in Camping World in the 4th quarter valued at about $105,000. Summit Investment Advisors Inc. lifted its position in Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock valued at $117,000 after purchasing an additional 1,390 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new position in shares of Camping World during the third quarter worth approximately $165,000. Institutional investors and hedge funds own 52.54% of the company’s stock.

Camping World Stock Down 1.0 %

Shares of NYSE:CWH traded down $0.24 during midday trading on Monday, reaching $22.75. The company had a trading volume of 911,199 shares, compared to its average volume of 1,124,048. Camping World has a one year low of $17.29 and a one year high of $28.72. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The stock has a market capitalization of $1.93 billion, a P/E ratio of -32.96, a PEG ratio of 1.00 and a beta of 2.49. The stock’s fifty day moving average price is $22.31 and its 200-day moving average price is $22.50.

Camping World Dividend Announcement

The company also recently declared 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 of this dividend was Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.20%. Camping World’s dividend payout ratio (DPR) is -72.46%.

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.