Camping World (NYSE:CWH) Upgraded at Raymond James

Raymond James upgraded shares of Camping World (NYSE:CWH - Free Report) from a market perform rating to an outperform rating in a research report released on Wednesday, MarketBeat.com reports. They currently have $27.00 target price on the stock.

Several other equities analysts have also weighed in on CWH. JPMorgan Chase & Co. restated a "neutral" rating and issued a $24.00 price objective (down from $25.00) on shares of Camping World in a report on Monday, October 21st. 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 research note on Friday, September 27th. Truist Financial lifted their price objective on shares of Camping World from $26.00 to $28.00 and gave the stock a "buy" rating in a research note on Friday, September 20th. Roth Mkm lowered their target price on shares of Camping World from $28.00 to $26.00 and set a "buy" rating for the company in a research note on Monday, August 5th. Finally, KeyCorp lowered their price target on Camping World from $26.00 to $25.00 and set an "overweight" rating for the company in a report on Friday, August 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Camping World has a consensus rating of "Moderate Buy" and an average target price of $27.75.

Camping World Trading Down 0.7 %

Shares of NYSE CWH traded down $0.17 during midday trading on Wednesday, hitting $22.72. The stock had a trading volume of 954,354 shares, compared to its average volume of 992,705. The company has a debt-to-equity ratio of 10.08, a current ratio of 1.19 and a quick ratio of 0.19. Camping World has a fifty-two week low of $16.18 and a fifty-two week high of $28.72. The firm has a market cap of $1.92 billion, a P/E ratio of -568.25 and a beta of 2.47. The company's 50-day simple moving average is $22.79 and its 200 day simple moving average is $21.15.

Camping World (NYSE:CWH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.10). The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.87 billion. Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. The business's revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.60 earnings per share. Research analysts anticipate that Camping World will post -0.6 EPS for the current year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Friday, September 13th were given a $0.125 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.20%. Camping World's payout ratio is presently -1,250.00%.

Insider Activity at Camping World

In other Camping World news, CEO Marcus Lemonis sold 125,000 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $22.84, for a total transaction of $2,855,000.00. Following the transaction, the chief executive officer now owns 155,268 shares in the company, valued at $3,546,321.12. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 43.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Camping World

Large investors have recently bought and sold shares of the company. Point72 DIFC Ltd bought a new stake in shares of Camping World during the 2nd quarter worth approximately $50,000. Russell Investments Group Ltd. boosted its holdings in shares of Camping World by 6,495.0% in the 1st quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company's stock valued at $110,000 after purchasing an additional 3,897 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of Camping World in the 3rd quarter valued at $191,000. Telos Capital Management Inc. bought a new position in shares of Camping World in the 2nd quarter valued at $196,000. Finally, ProShare Advisors LLC acquired a new position in shares of Camping World during the 1st quarter worth $209,000. 52.54% of the stock is currently owned by institutional investors and hedge funds.

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.