Camping World Holdings Inc (NYSE:CWH) Receives $18.93 Consensus PT from Analysts

Camping World Holdings Inc (NYSE:CWH) has been assigned an average rating of “Hold” from the fourteen analysts that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $18.93.

Several research firms recently issued reports on CWH. Bank of America began coverage on shares of Camping World in a research report on Tuesday, March 26th. They issued a “neutral” rating and a $15.00 price target for the company. BMO Capital Markets cut shares of Camping World from an “outperform” rating to a “market perform” rating and set a $11.78 price objective on the stock. in a research note on Friday, June 7th. Zacks Investment Research raised shares of Camping World from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 7th. ValuEngine raised shares of Camping World from a “strong sell” rating to a “sell” rating in a research note on Friday, May 10th. Finally, Robert W. Baird reaffirmed an “outperform” rating on shares of Camping World in a research note on Tuesday, March 19th.

In related news, CEO Marcus Lemonis purchased 100,000 shares of the firm’s stock in a transaction dated Monday, May 13th. The shares were acquired at an average cost of $11.24 per share, with a total value of $1,124,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Abrams Capital Management, L.P purchased 413,446 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The shares were bought at an average cost of $13.44 per share, for a total transaction of $5,556,714.24. The disclosure for this purchase can be found here. Insiders have bought 1,770,706 shares of company stock worth $21,557,361 over the last three months. 49.40% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in CWH. Pearl River Capital LLC bought a new stake in shares of Camping World during the fourth quarter valued at approximately $42,000. BNP Paribas Arbitrage SA grew its stake in shares of Camping World by 52,007.7% during the first quarter. BNP Paribas Arbitrage SA now owns 6,774 shares of the company’s stock valued at $94,000 after purchasing an additional 6,761 shares during the last quarter. Camelot Portfolios LLC bought a new stake in shares of Camping World during the fourth quarter valued at approximately $115,000. Hodges Capital Management Inc. bought a new stake in shares of Camping World during the fourth quarter valued at approximately $115,000. Finally, Metropolitan Life Insurance Co. NY grew its stake in shares of Camping World by 358.2% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,283 shares of the company’s stock valued at $118,000 after purchasing an additional 8,039 shares during the last quarter. 40.74% of the stock is currently owned by institutional investors and hedge funds.

NYSE:CWH opened at $12.00 on Wednesday. Camping World has a 12-month low of $10.12 and a 12-month high of $27.17. The company has a debt-to-equity ratio of 264.05, a current ratio of 1.35 and a quick ratio of 0.22. The stock has a market capitalization of $1.08 billion, a P/E ratio of 10.71 and a beta of 2.88.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, June 13th. This represents a $0.32 annualized dividend and a dividend yield of 2.67%. Camping World’s dividend payout ratio (DPR) is currently 28.57%.

About Camping World

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

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Analyst Recommendations for Camping World (NYSE:CWH)

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