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

Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) has been given a consensus rating of "Moderate Buy" by the nine brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $28.00.

CWH has been the topic of several research reports. KeyCorp increased 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. Monness Crespi & Hardt increased their price target on Camping World from $24.00 to $30.00 and gave the stock a "buy" rating in a research report on Friday, September 27th. Truist Financial raised their price target on Camping World from $26.00 to $28.00 and gave the stock a "buy" rating in a report on Friday, September 20th. Roth Mkm restated a "buy" rating and set a $28.00 price objective (up from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Finally, Bank of America began coverage on Camping World in a research note on Thursday, December 19th. They issued a "buy" rating and a $30.00 target price on the stock.

Institutional Investors Weigh In On Camping World

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quest Partners LLC increased its position in shares of Camping World by 5,647.8% during the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company's stock valued at $32,000 after purchasing an additional 1,299 shares during the period. Point72 DIFC Ltd bought a new position in Camping World during the second quarter valued at about $50,000. Truvestments Capital LLC acquired a new position in Camping World during the third quarter worth about $165,000. nVerses Capital LLC bought a new stake in Camping World in the third quarter worth about $191,000. Finally, Telos Capital Management Inc. acquired a new stake in Camping World in the 2nd quarter valued at about $196,000. Institutional investors own 52.54% of the company's stock.

Camping World Stock Performance

CWH stock traded down $0.76 during trading on Friday, hitting $20.75. 1,289,082 shares of the company's stock traded hands, compared to its average volume of 1,102,146. The stock has a fifty day moving average price of $22.72 and a two-hundred day moving average price of $21.78. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. Camping World has a 52 week low of $17.29 and a 52 week high of $28.72. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of -30.07 and a beta of 2.49.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.50 annualized dividend and a yield of 2.41%. 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.