Camping World (NYSE:CWH) Cut to Sell at Wall Street Zen

Wall Street Zen lowered shares of Camping World (NYSE:CWH) from a hold rating to a sell rating in a report released on Saturday.

Several other research analysts have also commented on CWH. BMO Capital Markets reiterated an “outperform” rating and issued a $22.00 target price on shares of Camping World in a research report on Thursday, October 30th. Loop Capital assumed coverage on Camping World in a research note on Friday, October 31st. They set a “buy” rating and a $17.00 price objective on the stock. Truist Financial lowered their target price on shares of Camping World from $20.00 to $15.00 and set a “buy” rating for the company in a research note on Monday, November 10th. KeyCorp dropped their target price on shares of Camping World from $21.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Camping World in a report on Monday, December 29th. 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 stock. According to MarketBeat.com, Camping World has a consensus rating of “Moderate Buy” and a consensus target price of $17.67.

Camping World Price Performance

CWH opened at $13.11 on Friday. The company has a market capitalization of $1.34 billion, a P/E ratio of -14.09 and a beta of 2.08. The company has a 50-day moving average of $11.43 and a 200-day moving average of $14.07. 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 1-year low of $9.49 and a 1-year high of $24.36.

Camping World Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 15th were given a $0.125 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.50 annualized dividend and a yield of 3.8%. Camping World’s dividend payout ratio (DPR) is currently -53.76%.

Institutional Investors Weigh In On Camping World

Several large investors have recently made changes to their positions in the company. UBS Group AG raised its holdings in shares of Camping World by 78.3% during the fourth quarter. UBS Group AG now owns 474,336 shares of the company’s stock valued at $4,615,000 after buying an additional 208,241 shares during the last quarter. Vanguard Group Inc. increased its position in Camping World by 3.3% in the 4th quarter. Vanguard Group Inc. now owns 6,021,036 shares of the company’s stock valued at $58,585,000 after acquiring an additional 190,557 shares during the period. Evergreen Capital Management LLC bought a new stake in Camping World during the 4th quarter valued at $144,000. Burney Co. boosted its position in Camping World by 107.8% during the 4th quarter. Burney Co. now owns 201,614 shares of the company’s stock worth $1,962,000 after acquiring an additional 104,569 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its position in Camping World by 41.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 17,225 shares of the company’s stock worth $168,000 after acquiring an additional 5,029 shares during the period. Institutional investors and hedge funds own 52.54% of the company’s stock.

About Camping World

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.