Shares of Camping World Holdings Inc (NYSE:CWH) have received an average recommendation of “Buy” from the fourteen brokerages that are covering the company, MarketBeat.com reports. Thirteen analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $44.11.
A number of equities analysts have weighed in on CWH shares. Monness Crespi & Hardt reaffirmed a “buy” rating and issued a $47.00 target price (up from $40.00) on shares of Camping World in a research note on Tuesday, October 24th. Zacks Investment Research raised shares of Camping World from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research note on Wednesday, November 1st. Stephens boosted their target price on shares of Camping World from $44.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday, October 30th. Robert W. Baird reaffirmed a “buy” rating and issued a $40.00 target price on shares of Camping World in a research note on Friday, October 27th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $53.00 target price (up from $40.00) on shares of Camping World in a research note on Monday, October 30th.
Shares of Camping World (NYSE:CWH) traded up $0.07 during midday trading on Friday, hitting $46.27. 443,827 shares of the company’s stock were exchanged, compared to its average volume of 484,003. Camping World has a one year low of $26.30 and a one year high of $47.62. The company has a market capitalization of $3,970.65, a P/E ratio of 21.34, a PEG ratio of 1.20 and a beta of 3.90. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.29 and a current ratio of 1.29.
Camping World (NYSE:CWH) last announced its earnings results on Thursday, November 9th. The company reported $0.77 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.11. Camping World had a net margin of 1.20% and a return on equity of 116.85%. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the firm posted $0.53 earnings per share. The company’s revenue was up 25.0% on a year-over-year basis. research analysts expect that Camping World will post 2.29 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, December 14th. Camping World’s dividend payout ratio is 16.16%.
In related news, insider Roger L. Nuttall sold 41,594 shares of the business’s stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $37.70, for a total transaction of $1,568,093.80. Following the completion of the transaction, the insider now owns 62,386 shares in the company, valued at $2,351,952.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Brent L. Moody sold 50,300 shares of the business’s stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $38.05, for a total transaction of $1,913,915.00. Following the transaction, the insider now owns 81,464 shares of the company’s stock, valued at approximately $3,099,705.20. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,082,636 shares of company stock valued at $326,435,911. 66.60% of the stock is owned by corporate insiders.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Legal & General Group Plc grew its holdings in Camping World by 6.7% during the second quarter. Legal & General Group Plc now owns 3,353 shares of the company’s stock valued at $103,000 after purchasing an additional 211 shares during the period. Sawgrass Asset Management LLC acquired a new position in Camping World during the third quarter valued at approximately $203,000. Invictus RG acquired a new position in Camping World during the third quarter valued at approximately $302,000. Capco Asset Management LLC acquired a new position in Camping World during the third quarter valued at approximately $306,000. Finally, Quantbot Technologies LP acquired a new position in Camping World during the third quarter valued at approximately $320,000. Hedge funds and other institutional investors own 33.98% of the company’s stock.
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Camping World Company Profile
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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