Shares of Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as $17.12 and last traded at $17.13, with a volume of 337599 shares traded. The stock had previously closed at $18.68.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the company. Bank of America assumed coverage on Camping World in a research report on Thursday, December 19th. They issued a "buy" rating and a $30.00 price objective for the company. StockNews.com upgraded Camping World from a "sell" rating to a "hold" rating in a research note on Thursday, November 14th. Finally, Truist Financial raised their target price on Camping World from $26.00 to $28.00 and gave the company a "buy" rating in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Camping World presently has a consensus rating of "Moderate Buy" and an average target price of $27.71.
Check Out Our Latest Stock Analysis on Camping World
Camping World Price Performance
The firm 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 debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The business has a 50 day simple moving average of $21.74 and a 200-day simple moving average of $22.45.
Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.55). The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. Equities research analysts expect that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.
Camping World Announces Dividend
The business also recently declared 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. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 2.81%. Camping World's dividend payout ratio (DPR) is currently -65.79%.
Insider Buying and Selling at Camping World
In other news, President Matthew D. Wagner bought 5,725 shares of the company's stock in a transaction on Tuesday, March 4th. The shares were purchased at an average price of $17.61 per share, with a total value of $100,817.25. Following the transaction, the president now directly owns 300,640 shares in the company, valued at $5,294,270.40. This represents a 1.94 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 43.80% of the company's stock.
Hedge Funds Weigh In On Camping World
Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted 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 worth $122,003,000 after buying an additional 1,630,307 shares in the last quarter. Eminence Capital LP raised its holdings in shares of Camping World by 6.9% in the 4th quarter. Eminence Capital LP now owns 4,110,205 shares of the company's stock worth $86,643,000 after purchasing an additional 264,935 shares during the period. Capital Research Global Investors raised its holdings in shares of Camping World by 39.8% in the 4th quarter. Capital Research Global Investors now owns 3,422,710 shares of the company's stock worth $72,151,000 after purchasing an additional 975,168 shares during the period. Hood River Capital Management LLC bought a new stake in shares of Camping World in the 4th quarter worth approximately $62,142,000. Finally, Interval Partners LP raised its holdings in shares of Camping World by 71.8% in the 4th quarter. Interval Partners LP now owns 2,875,845 shares of the company's stock worth $60,623,000 after purchasing an additional 1,202,258 shares during the period. Institutional investors own 52.54% of the company's stock.
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.
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