Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) President Matthew D. Wagner purchased 5,725 shares of the stock in a transaction on Tuesday, March 4th. The shares were purchased at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the acquisition, the president now directly owns 300,640 shares of the company's stock, valued at approximately $5,294,270.40. This represents a 1.94 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Camping World Price Performance
CWH traded down $0.27 during trading hours on Friday, hitting $17.80. The company's stock had a trading volume of 1,713,288 shares, compared to its average volume of 1,311,650. The business's 50-day moving average price is $21.74 and its 200-day moving average price is $22.45. Camping World Holdings, Inc. has a 12 month low of $17.00 and a 12 month high of $28.72. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of -25.80, a P/E/G ratio of 0.92 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 (NYSE:CWH - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting the consensus estimate of ($0.55). Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The company had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.13 billion. Sell-side analysts expect that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal year.
Camping World Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.81%. The ex-dividend date is Friday, March 14th. Camping World's payout ratio is -65.79%.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on CWH. Bank of America began 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 on the stock. Truist Financial lifted their price objective on shares of Camping World from $26.00 to $28.00 and gave the company a "buy" rating in a research report on Monday, February 10th. Finally, StockNews.com upgraded shares of Camping World from a "sell" rating to a "hold" rating in a research report on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Camping World presently has a consensus rating of "Moderate Buy" and a consensus target price of $27.71.
View Our Latest Analysis on Camping World
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the company. Camelot Portfolios LLC boosted its stake in Camping World by 3.7% during the fourth quarter. Camelot Portfolios LLC now owns 14,100 shares of the company's stock worth $297,000 after buying an additional 500 shares during the period. Creative Planning boosted its stake in Camping World by 8.7% during the third quarter. Creative Planning now owns 11,133 shares of the company's stock worth $270,000 after buying an additional 892 shares during the period. Verdence Capital Advisors LLC boosted its stake in Camping World by 1.6% during the third quarter. Verdence Capital Advisors LLC now owns 62,603 shares of the company's stock worth $1,516,000 after buying an additional 965 shares during the period. Blue Trust Inc. boosted its stake in Camping World by 195.0% during the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after buying an additional 1,014 shares during the period. Finally, Quest Partners LLC boosted its stake in Camping World by 5,647.8% during the third quarter. Quest Partners LLC now owns 1,322 shares of the company's stock worth $32,000 after buying an additional 1,299 shares during the period. 52.54% of the stock is owned by hedge funds and other institutional investors.
About Camping World
(
Get Free Report)
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.
Read More
Before you consider Camping World, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Camping World wasn't on the list.
While Camping World currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.