Camping World (NYSE:CWH) Now Covered by Analysts at KeyCorp

Posted by Defense World Staff on Apr 20th, 2023

KeyCorp initiated coverage on shares of Camping World (NYSE:CWH – Get Rating) in a research report released on Wednesday morning, Briefing.com reports. The brokerage issued an overweight rating and a $25.00 price objective on the stock.

Other equities research analysts also recently issued research reports about the stock. Stephens reaffirmed an overweight rating and set a $31.00 price objective on shares of Camping World in a research report on Wednesday, February 22nd. StockNews.com raised shares of Camping World from a sell rating to a hold rating in a research note on Friday, March 24th. BMO Capital Markets reduced their price target on shares of Camping World from $30.00 to $26.00 and set a market perform rating for the company in a research note on Thursday, February 23rd. TheStreet lowered shares of Camping World from a b- rating to a c rating in a research note on Tuesday, February 21st. Finally, Raymond James reduced their price target on shares of Camping World from $30.00 to $28.00 and set an outperform rating for the company in a research note on Thursday, February 23rd. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Camping World presently has an average rating of Moderate Buy and a consensus target price of $29.71.

Camping World Price Performance

Shares of NYSE:CWH opened at $21.95 on Wednesday. The company has a quick ratio of 0.19, a current ratio of 1.33 and a debt-to-equity ratio of 6.46. Camping World has a fifty-two week low of $18.69 and a fifty-two week high of $33.99. The firm has a 50-day simple moving average of $21.95 and a 200 day simple moving average of $24.30. The company has a market cap of $1.84 billion, a PE ratio of 6.84 and a beta of 2.55.

Camping World (NYSE:CWH – Get Rating) last announced its quarterly earnings data on Tuesday, February 21st. The company reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.18). Camping World had a net margin of 1.97% and a return on equity of 53.93%. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. On average, sell-side analysts anticipate that Camping World will post 1.16 EPS for the current year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 29th. Investors of record on Tuesday, March 14th were issued a $0.625 dividend. The ex-dividend date of this dividend was Monday, March 13th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 11.39%. Camping World’s payout ratio is currently 77.88%.

Institutional Trading of Camping World

A number of hedge funds and other institutional investors have recently made changes to their positions in CWH. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of Camping World in the 2nd quarter worth approximately $28,000. Bogart Wealth LLC bought a new stake in shares of Camping World in the 3rd quarter worth approximately $38,000. Ensign Peak Advisors Inc acquired a new stake in shares of Camping World during the third quarter valued at approximately $70,000. MBM Wealth Consultants LLC raised its holdings in shares of Camping World by 40.9% during the third quarter. MBM Wealth Consultants LLC now owns 3,082 shares of the company’s stock valued at $79,000 after acquiring an additional 895 shares during the period. Finally, U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Camping World during the fourth quarter valued at approximately $105,000. 36.92% of the stock is currently owned by institutional investors.

Camping World Company Profile

(Get Rating)

Camping World Holdings, Inc operates as a retailer of recreational vehicles (RV) and related products and services. It operates through the following segments: Good Sam Services & Plans, and RV & Outdoor Retail. The Good Sam Services & Plans segment consists of programs, plans, and services that are geared towards protecting, insuring, and promoting the RV lifestyle.