Camping World (NYSE:CWH) Review by Raymond James – Defense World reiterated | Gmx Pharm


Raymond James reiterated his rating on shares of Camping World (NYSE:CWH – Get Rating) in a report released Monday morning, Benzinga reports.

Several other research firms have also commented on CWH. Truist Financial lowered its target price on Camping World to $26.00 in a research report on Thursday, May 26. StockNews.com began coverage of Camping World in a research note on Thursday, March 31st. You set a hold rating for the company. TheStreet downgraded Camping World from B- to C+ in a research note on Monday 25 April. DA Davidson opened coverage of Camping World in a research note on Wednesday, April 13. They put a neutral rating on the company and a target price of $29.00. Finally, Monness Crespi & Hardt lowered its price target on Camping World to $32.00 from $40.00 and issued a research note on Thursday, June 30, issuing a buy rating on the company. Four research analysts have rated the stock with a hold rating and two with a buy rating. The company currently has a consensus rating of Hold and a consensus price target of $36.17, according to MarketBeat.com.

Camping World stock increased by 5.2%

NYSE:CWH opened at $27.50 on Monday. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 4.90 and a beta of 2.79. Camping World has a 12-month low of $20.85 and a 12-month high of $46.77. The 50-day moving average price of the stock is $24.79 and the 200-day moving average price is $28.46. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt to equity ratio of 6.98.

Camping World (NYSE:CWH – Get Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported earnings per share of $0.92 for the quarter, missing the consensus estimate of $1.22 ($0.30). The company had revenue of $1.66 billion in the quarter, compared to analyst estimates of $1.64 billion. Camping World had a return on equity of 109.12% and a net margin of 3.72%. The company’s revenue for the quarter increased 6.7% compared to the same quarter last year. In the same period last year, the company earned $1.40 per share. Equities analysts expect Camping World to report earnings per share of 4.8 for the current fiscal year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. Investors of record were paid a dividend of $0.625 on Tuesday June 14th. The ex-dividend date was Monday June 13th. That equates to an annualized dividend of $2.50 and a yield of 9.09%. Camping World’s Dividend Payout Ratio (DPR) is currently 44.56%.

Insider activity at Camping World

In related news, CEO Marcus Lemonis bought 38,350 shares of the company’s stock in a transaction on Friday, June 10. The stock was purchased at an average price of $26.36 per share for a total transaction of $1,010,906.00. Following the transaction, the Chief Executive Officer now owns 121,450 shares of the Company, valued at approximately $3,201,422. The acquisition was disclosed in a legal filing with the SEC available at this hyperlink. 47.50% of the shares are currently owned by company insiders.

Institutional trading by Camping World

A number of institutional investors have recently changed their holdings in CWH. Geneos Wealth Management Inc. increased its holding in Camping World stock by 413.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 621 shares of the company’s stock, valued at $25,000, after buying another 500 shares last quarter. Rise Advisors LLC acquired a new position in Camping World stock valued at $28,000 during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of Camping World worth $40,000 in Q4. Creative Financial Designs Inc. ADV purchased a new position in Camping World stock valued at $37,000 during the first quarter. Finally, MBM Wealth Consultants LLC acquired a new position in Camping World stock valued at $54,000 during the fourth quarter. 84.47% of the shares are currently owned by institutional investors.

About camping world

(received rating)

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.

See also

Analyst Recommendations for Camping World (NYSE:CWH)



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