Camping World Holdings, Inc. (NYSE:CWH) Short Interest Update

Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 7,870,000 shares, an increase of 19.2% from the February 13th total of 6,600,000 shares. Approximately 16.5% of the shares of the company are sold short. Based on an average trading volume of 1,340,000 shares, the short-interest ratio is presently 5.9 days.

Insider Activity at Camping World

In other news, President Matthew D. Wagner bought 5,725 shares of Camping World stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average cost of $17.61 per share, with a total value of $100,817.25. Following the acquisition, the president now owns 300,640 shares of the company's stock, valued at approximately $5,294,270.40. This trade represents a 1.94 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 43.80% of the stock is owned by corporate insiders.

Institutional Trading of Camping World

Institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its holdings in Camping World by 611.9% in the third quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company's stock valued at $7,094,000 after buying an additional 251,748 shares during the period. Geode Capital Management LLC raised its stake in shares of Camping World by 4.5% in the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company's stock valued at $23,701,000 after acquiring an additional 41,705 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Camping World by 11.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company's stock valued at $15,798,000 after acquiring an additional 65,798 shares in the last quarter. Barclays PLC boosted its position in shares of 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 buying an additional 156,055 shares during the period. Finally, Wellington Management Group LLP acquired a new stake in shares of Camping World in the third quarter valued at about $2,578,000. 52.54% of the stock is owned by hedge funds and other institutional investors.

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Camping World Trading Down 0.9 %

Shares of CWH traded down $0.15 on Friday, hitting $16.87. 2,193,309 shares of the stock traded hands, compared to its average volume of 1,183,975. Camping World has a 1 year low of $15.39 and a 1 year high of $28.33. The stock's 50 day moving average is $20.81 and its two-hundred day moving average is $22.10. The firm has a market capitalization of $1.72 billion, a P/E ratio of -24.44, a P/E/G ratio of 0.92 and a beta of 2.57. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67.

Camping World (NYSE:CWH - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.55). Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The business had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.13 billion. As a group, sell-side analysts predict that Camping World will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.125 per share. The ex-dividend date is Friday, March 14th. This represents a $0.50 annualized dividend and a dividend yield of 2.96%. Camping World's payout ratio is currently -65.79%.

Analyst Ratings Changes

CWH has been the topic of a number of research reports. KeyCorp lowered their price target on Camping World from $27.00 to $22.00 and set an "overweight" rating on the stock in a report on Thursday. Bank of America assumed coverage on Camping World in a report on Thursday, December 19th. They set a "buy" rating and a $30.00 price target for the company. Finally, Truist Financial upped their price objective on shares of Camping World from $26.00 to $28.00 and gave the stock a "buy" rating in a research report on Monday, February 10th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $27.00.

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.