Camping World (NYSE:CWH) Price Target Raised to $28.00 at Truist Financial

Camping World (NYSE:CWH) had its price target raised by Truist Financial from $26.00 to $28.00 in a research report sent to investors on Monday,Benzinga reports. Truist Financial currently has a buy rating on the stock.

A number of other research analysts also recently weighed in on CWH. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $24.00 target price (down previously from $25.00) on shares of Camping World in a report on Monday, October 21st. Roth Mkm reiterated a “buy” rating and issued a $28.00 price objective (up previously from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. KeyCorp upped their target price on shares of Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Finally, Bank of America assumed coverage on shares of Camping World in a research report on Thursday, December 19th. They set a “buy” rating and a $30.00 price objective for the company. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Camping World presently has an average rating of “Moderate Buy” and a consensus price target of $27.71.

Camping World Price Performance

Shares of CWH opened at $23.25 on Monday. The firm has a fifty day simple moving average of $22.42 and a two-hundred day simple moving average of $22.47. The firm has a market cap of $1.98 billion, a PE ratio of -33.70, a P/E/G ratio of 1.00 and a beta of 2.49. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. Camping World has a 1-year low of $17.29 and a 1-year high of $28.72.

Camping World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.15%. The ex-dividend date was Friday, December 13th. Camping World’s payout ratio is currently -72.46%.

Institutional Trading of Camping World

A number of large investors have recently added to or reduced their stakes in CWH. Geode Capital Management LLC increased its position in Camping World by 4.5% in the third quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock worth $23,701,000 after purchasing an additional 41,705 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Camping World by 26.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 827,823 shares of the company’s stock worth $17,451,000 after buying an additional 175,554 shares during the last quarter. Burkehill Global Management LP purchased a new stake in shares of Camping World during the 4th quarter valued at about $15,810,000. Citigroup Inc. lifted its holdings in shares of Camping World by 22.6% in the 3rd quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock valued at $8,725,000 after acquiring an additional 66,355 shares during the last quarter. Finally, Barclays PLC grew its position in Camping World by 96.9% in the third quarter. Barclays PLC now owns 317,052 shares of the company’s stock worth $7,678,000 after acquiring an additional 156,055 shares in the last quarter. Institutional investors own 52.54% of the company’s stock.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.