Camping World (NYSE:CWH) Hits New 1-Year Low – What’s Next?

Camping World (NYSE:CWHGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $8.12 and last traded at $8.47, with a volume of 2432917 shares traded. The stock had previously closed at $10.85.

Trending Headlines about Camping World

Here are the key news stories impacting Camping World this week:

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CWH. Weiss Ratings reissued a “sell (d)” rating on shares of Camping World in a research note on Monday, December 29th. Citigroup reduced their price target on shares of Camping World from $22.00 to $18.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Wall Street Zen upgraded shares of Camping World from a “sell” rating to a “hold” rating in a report on Sunday, February 8th. KeyCorp reduced 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, JPMorgan Chase & Co. dropped 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 note on Monday, November 3rd. Eight 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. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.67.

View Our Latest Research Report on CWH

Camping World Stock Down 16.8%

The firm has a 50-day moving average price of $11.92 and a two-hundred day moving average price of $13.62. The firm has a market cap of $923.58 million, a price-to-earnings ratio of -9.73 and a beta of 2.08. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 15th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.5%. 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

Large investors have recently bought and sold shares of the stock. Quarry LP increased its position in shares of Camping World by 2,275.8% during the third quarter. Quarry LP now owns 1,568 shares of the company’s stock worth $25,000 after purchasing an additional 1,502 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Camping World during the fourth quarter worth approximately $25,000. State of Wyoming purchased a new stake in Camping World in the third quarter valued at approximately $43,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Camping World in the third quarter valued at approximately $83,000. Finally, Russell Investments Group Ltd. grew its position in shares of Camping World by 923.8% during the third quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock worth $87,000 after acquiring an additional 4,998 shares during the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

About Camping World

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.