Camping World (NYSE:CWH) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Camping World (NYSE:CWH) from a sell rating to a hold rating in a research report report published on Sunday.

CWH has been the subject of a number of other reports. Citigroup decreased their target price on Camping World from $22.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Loop Capital began coverage on Camping World in a research report on Friday, October 31st. They set a “buy” rating and a $17.00 price objective for the company. BMO Capital Markets restated an “outperform” rating and set a $22.00 price objective on shares of Camping World in a research note on Thursday, October 30th. Raymond James Financial cut their target price on Camping World from $18.00 to $15.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Camping World from $22.00 to $19.00 and set an “overweight” rating for the company in a research report on Monday, November 3rd. Eight equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Camping World has a consensus rating of “Moderate Buy” and an average target price of $17.67.

Camping World Trading Up 4.8%

NYSE CWH opened at $13.65 on Friday. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.27 and a current ratio of 1.26. Camping World has a one year low of $9.49 and a one year high of $24.36. The company has a 50-day simple moving average of $11.60 and a 200-day simple moving average of $13.94. The firm has a market capitalization of $1.40 billion, a PE ratio of -14.68 and a beta of 2.08.

Camping World Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Monday, December 15th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, December 15th. Camping World’s dividend payout ratio (DPR) is -53.76%.

Hedge Funds Weigh In On Camping World

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC acquired a new position in Camping World during the 1st quarter valued at about $1,787,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Camping World by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,339 shares of the company’s stock valued at $539,000 after acquiring an additional 1,401 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Camping World by 66.2% during the first quarter. Goldman Sachs Group Inc. now owns 889,377 shares of the company’s stock valued at $14,372,000 after acquiring an additional 354,333 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Camping World by 17.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 119,259 shares of the company’s stock worth $1,927,000 after purchasing an additional 17,665 shares in the last quarter. Finally, KLP Kapitalforvaltning AS raised its holdings in Camping World by 28.0% during the second quarter. KLP Kapitalforvaltning AS now owns 13,700 shares of the company’s stock worth $236,000 after purchasing an additional 3,000 shares in the last quarter. Institutional investors own 52.54% of the company’s stock.

Camping World Company Profile

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.