Camping World (NYSE:CWH - Free Report) had its target price cut by Truist Financial from $28.00 to $26.00 in a research note issued to investors on Tuesday,Benzinga reports. They currently have a buy rating on the stock.
Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $24.00 price target (down from $25.00) on shares of Camping World in a research report on Monday, October 21st. Roth Mkm reiterated a "buy" rating and issued a $28.00 target price (up from $26.00) on shares of Camping World in a report on Wednesday, October 30th. StockNews.com upgraded shares of Camping World from a "sell" rating to a "hold" rating in a report on Thursday, November 14th. KeyCorp upped their price target on Camping World from $25.00 to $27.00 and gave the company an "overweight" rating in a report on Wednesday, October 30th. Finally, Raymond James raised 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. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $27.78.
Read Our Latest Stock Analysis on CWH
Camping World Price Performance
NYSE CWH traded down $0.11 on Tuesday, reaching $21.38. 975,929 shares of the stock traded hands, compared to its average volume of 1,162,954. Camping World has a 12 month low of $17.29 and a 12 month high of $28.72. 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 firm's fifty day simple moving average is $22.67 and its 200 day simple moving average is $21.95. The company has a market cap of $1.82 billion, a price-to-earnings ratio of -30.99 and a beta of 2.49.
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 given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend was Friday, December 13th. Camping World's payout ratio is presently -72.46%.
Institutional Trading of Camping World
Several hedge funds and other institutional investors have recently modified their holdings of CWH. Eminence Capital LP increased its position in Camping World by 79.8% in the 2nd quarter. Eminence Capital LP now owns 4,344,303 shares of the company's stock worth $77,589,000 after purchasing an additional 1,927,977 shares during the last quarter. Geode Capital Management LLC increased its holdings in Camping World by 4.5% in the third quarter. Geode Capital Management LLC now owns 978,330 shares of the company's stock worth $23,701,000 after buying an additional 41,705 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Camping World by 20.3% in the second quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company's stock worth $12,834,000 after buying an additional 121,022 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Camping World by 11.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company's stock valued at $15,798,000 after acquiring an additional 65,798 shares in the last quarter. Finally, Citigroup Inc. lifted its stake in Camping World by 22.6% in the third quarter. Citigroup Inc. now owns 360,258 shares of the company's stock valued at $8,725,000 after acquiring an additional 66,355 shares during the last quarter. 52.54% of the stock is currently owned by hedge funds and other institutional investors.
About Camping World
(
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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.
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