Camping World (NYSE:CWH) Reaches New 52-Week Low at $20.22

Camping World Holdings, Inc. (NYSE:CWH – Get Rating)’s share price reached a new 52-week low on Monday . The company traded as low as $20.22 and last traded at $21.00, with a volume of 397191 shares trading hands. The stock had previously closed at $22.02.

Analyst Ratings Changes

A number of analysts recently weighed in on CWH shares. BMO Capital Markets decreased their price target on Camping World from $30.00 to $26.00 and set a “market perform” rating on the stock in a research note on Thursday, February 23rd. TheStreet downgraded Camping World from a “b-” rating to a “c” rating in a research report on Tuesday, February 21st. Raymond James decreased their target price on Camping World from $30.00 to $28.00 and set an “outperform” rating on the stock in a research report on Thursday, February 23rd. Stephens reiterated an “overweight” rating and set a $31.00 target price on shares of Camping World in a research report on Wednesday, February 22nd. Finally, StockNews.com started coverage on Camping World in a research report on Thursday, March 16th. They set a “hold” rating on the stock. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $30.29.

Camping World Stock Performance

The stock has a 50-day simple moving average of $24.04 and a 200-day simple moving average of $25.41. The company has a debt-to-equity ratio of 6.46, a current ratio of 1.33 and a quick ratio of 0.19. The stock has a market cap of $1.69 billion, a PE ratio of 6.29 and a beta of 2.61.

Camping World (NYSE:CWH – Get Rating) last posted its quarterly earnings results on Tuesday, February 21st. The company reported ($0.33) earnings per share (EPS) 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 firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Equities analysts predict that Camping World Holdings, Inc. will post 1.16 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 29th. Stockholders of record on Tuesday, March 14th will be given a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 12.39%. The ex-dividend date is Monday, March 13th. Camping World’s payout ratio is 77.88%.

Institutional Investors Weigh In On Camping World

Institutional investors and hedge funds have recently modified their holdings of the stock. Quadrature Capital Ltd purchased a new position in Camping World in the third quarter valued at about $783,000. Dfpg Investments LLC purchased a new position in Camping World in the third quarter valued at about $286,000. Fox Run Management L.L.C. boosted its holdings in Camping World by 105.6% in the second quarter. Fox Run Management L.L.C. now owns 15,553 shares of the company’s stock valued at $336,000 after purchasing an additional 7,988 shares during the last quarter. Bennicas & Associates Inc. acquired a new stake in Camping World during the third quarter valued at approximately $648,000. Finally, Lane Generational LLC raised its stake in Camping World by 1.0% during the third quarter. Lane Generational LLC now owns 141,521 shares of the company’s stock valued at $3,583,000 after buying an additional 1,434 shares in the last quarter. Hedge funds and other institutional investors own 36.92% of the company’s stock.

Camping World Company Profile

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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.