Camping World (NYSE:CWH – Get Rating) Its price target was lowered from $40.00 to $32.00 by Raymond James in a research report published Sunday morning, reports The Fly.
A number of other research firms have also recently commented on CWH. Monness Crespi & Hardt lowered their target price on Camping World shares to $32.00 from $40.00 and issued a buy rating on the stock in a report on Thursday, June. TheStreet downgraded shares of Camping World from a B rating to a C+ rating in a report Monday, April 25. StockNews.com began reporting on Camping World shares on Thursday, March 31st. You set a hold rating on the stock. Truist Financial lowered its price target on shares of Camping World to $26.00 in a report on Thursday, May 26. Finally, DA Davidson began reporting shares of Camping World in a report Wednesday, April 13. They put a Neutral rating and a price target of $29.00 on the stock. Four research analysts have rated the stock with a hold rating and three with a buy rating. The company currently has a consensus rating of Hold and an average target price of $36.17, according to MarketBeat.com.
Camping World value for money
CWH shares opened at $26.83 on Friday. The stock has a market cap of $2.23 billion, a P/E of 4.78, and a beta of 2.79. The company has a gearing ratio of 6.98, a quick ratio of 0.23 and a current ratio of 1.33. Camping World has a 52-week low of $20.85 and a 52-week high of $46.77. The company’s 50-day simple moving average is $24.97 and its 200-day simple moving average is $28.66.
Camping World (NYSE:CWH – Get Rating) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported earnings per share of $0.92 for the quarter, falling short of analyst consensus estimates of $1.22 ($0.30). Camping World had a return on equity of 109.12% and a net margin of 3.72%. The company made $1.66 billion in revenue for the quarter, compared to analysts’ expectations of $1.64 billion. In the same quarter last year, the company posted $1.40 per share. Camping World’s revenue for the quarter increased 6.7% compared to the same quarter last year. Analysts expect Camping World to report earnings per share of 4.9 for the current fiscal year.
Camping World announces dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. Registered investors received a dividend of $0.625 per share on Tuesday, June 14th. The ex-dividend date of this dividend was Monday June 13th. That equates to an annual dividend of $2.50 and a yield of 9.32%. Camping World’s Dividend Payout Ratio (DPR) is 44.56%.
Insider activity at Camping World
In other news from Camping World, CEO Marcus Lemonis acquired 38,350 shares of the company in a transaction on Friday, June 10. The shares were acquired at an average price of $26.36 per share for a total transaction of $1,010,906.00. Upon completion of the transaction, the Chief Executive Officer now owns 121,450 shares of the Company, valued at $3,201,422. The acquisition was disclosed in a filing with the SEC, which is available through the SEC’s website. 47.50% of the shares are owned by insiders.
Institutional inflows and outflows
Several institutional investors have recently added to or reduced their stakes in the company. Adirondack Retirement Specialists Inc. increased its position in Camping World by 196.3% in the second quarter. Adirondack Retirement Specialists Inc. now owns 601,035 shares of the Company’s stock valued at $13,962,000, having purchased an additional 398,192 shares during the period. Secure Asset Management LLC increased its position in Camping World by 114.9% in the second quarter. Secure Asset Management LLC now owns 15,923 shares of the company’s stock valued at $344,000, having purchased an additional 8,515 shares during the period. Exchange Traded Concepts LLC bought a new position in Camping World valued at approximately $405,000 during the second quarter. Boenning & Scattergood Inc. bought a new position in Camping World for approximately $749,000 during the second quarter. Finally, Private Advisor Group LLC increased its position in Camping World by 17.5% during the second quarter. Private Advisor Group LLC now owns 27,319 shares of the Company’s stock valued at $590,000, having purchased an additional 4,071 shares during the period. 84.47% of the shares are currently owned by institutional investors.
Company profile of Camping World
Camping World Holdings, Inc, through its subsidiaries, sells recreational vehicles (RVs) and related products and services. It operates through two segments, Good Sam Services and Plans; and RV and outdoor retail. The Company offers a portfolio of services, protection plans, products and resources in the RV industry.
Receive News & Reviews for Camping World Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Camping World and related companies with MarketBeat.com’s FREE daily email newsletter.