Shares of Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as $11.81 and last traded at $13.83, with a volume of 3989660 shares. The stock had previously closed at $12.60.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the company. KeyCorp dropped their price objective on Camping World from $27.00 to $22.00 and set an "overweight" rating on the stock in a research report on Thursday, March 20th. Robert W. Baird reiterated a "neutral" rating and issued a $18.00 price target (down from $28.00) on shares of Camping World in a research note on Friday, April 4th. Bank of America started 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. Baird R W downgraded shares of Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Finally, Truist Financial increased their price target on Camping World from $26.00 to $28.00 and gave the company a "buy" rating in a report on Monday, February 10th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $25.88.
Get Our Latest Stock Report on CWH
Camping World Price Performance
The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The stock has a market cap of $1.25 billion, a P/E ratio of -17.69, a P/E/G ratio of 0.92 and a beta of 2.32. The firm has a 50 day moving average price of $18.13 and a 200 day moving average price of $21.14.
Camping World (NYSE:CWH - Get Free Report) last released its earnings results 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 net margin of 0.40% and a negative return on equity of 23.77%. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.13 billion. On average, analysts forecast that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.
Camping World Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 4.10%. Camping World's dividend payout ratio is presently -65.79%.
Insider Buying and Selling
In related news, President Matthew D. Wagner bought 5,725 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the transaction, the president now owns 300,640 shares in the company, valued at $5,294,270.40. The trade was a 1.94 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. 43.80% of the stock is currently owned by company insiders.
Institutional Trading of Camping World
Institutional investors and hedge funds have recently bought and sold shares of the stock. Cinctive Capital Management LP grew its position in shares of Camping World by 117.2% during the fourth quarter. Cinctive Capital Management LP now owns 125,031 shares of the company's stock valued at $2,636,000 after purchasing an additional 67,459 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Camping World by 611.9% during the 3rd 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 in the last quarter. Geode Capital Management LLC increased its stake in Camping World by 4.5% in the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company's stock worth $23,701,000 after acquiring an additional 41,705 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Camping World during the 4th quarter worth approximately $1,465,000. Finally, Vanguard Group Inc. boosted its position in shares of Camping World by 39.2% during the 4th quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock valued at $122,003,000 after acquiring an additional 1,630,307 shares during the last quarter. 52.54% of the stock is currently owned by institutional investors.
About Camping World
(
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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.
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