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

Shares of Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eight analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $27.75.

Several research firms have commented on CWH. Raymond James raised shares of Camping World from a "market perform" rating to an "outperform" rating and set a $27.00 price objective for the company in a research note on Wednesday, October 30th. StockNews.com raised shares of Camping World from a "sell" rating to a "hold" rating in a research note on Thursday, November 14th. Roth Mkm reaffirmed 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. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $24.00 target price (down from $25.00) on shares of Camping World in a research report on Monday, October 21st. Finally, Truist Financial lifted their target price on Camping World from $26.00 to $28.00 and gave the stock a "buy" rating in a research report on Friday, September 20th.

Camping World Price Performance

NYSE CWH traded down $0.26 on Tuesday, hitting $23.60. 1,041,155 shares of the stock were exchanged, compared to its average volume of 1,090,424. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The stock has a fifty day moving average price of $23.16 and a two-hundred day moving average price of $21.45. Camping World has a 52-week low of $17.29 and a 52-week high of $28.72.

Camping World Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.12%. Camping World's payout ratio is currently -72.46%.

Insider Activity at Camping World

In related news, CEO Marcus Lemonis sold 125,000 shares of Camping World stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $22.84, for a total value of $2,855,000.00. Following the completion of the sale, the chief executive officer now directly owns 155,268 shares in the company, valued at $3,546,321.12. The trade was a 44.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 43.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Camping World

Large investors have recently added to or reduced their stakes in the company. Quest Partners LLC raised its holdings in Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company's stock worth $32,000 after purchasing an additional 1,299 shares in the last quarter. Point72 DIFC Ltd bought a new position in Camping World in the second quarter worth about $50,000. Truvestments Capital LLC bought a new position in Camping World in the third quarter worth about $165,000. nVerses Capital LLC bought a new position in Camping World in the third quarter worth about $191,000. Finally, Telos Capital Management Inc. bought a new position in Camping World in the second quarter worth about $196,000. 52.54% of the stock is currently owned by institutional investors.

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.