Shares of Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as $11.17 and last traded at $12.04, with a volume of 2671569 shares traded. The stock had previously closed at $12.01.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on CWH shares. Robert W. Baird reaffirmed a "neutral" rating and issued a $18.00 target price (down previously from $28.00) on shares of Camping World in a research report on Friday, April 4th. KeyCorp lowered their target price on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Truist Financial decreased their price target on Camping World from $28.00 to $16.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, Baird R W cut Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.63.
Get Our Latest Research Report on CWH
Camping World Price Performance
The company has a market capitalization of $1.41 billion, a P/E ratio of -20.09, a P/E/G ratio of 0.92 and a beta of 2.32. The company has a 50 day moving average price of $16.03 and a 200 day moving average price of $20.38. 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 earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.55). The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. On average, equities analysts predict that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.
Camping World Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were paid 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 3.61%. Camping World's dividend payout ratio (DPR) is presently -65.79%.
Insider Activity at Camping World
In other news, President Matthew D. Wagner acquired 5,725 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average cost of $17.61 per share, with a total value of $100,817.25. Following the completion of the purchase, the president now directly owns 300,640 shares of the company's stock, valued at $5,294,270.40. The trade was a 1.94 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 35.60% of the stock is owned by insiders.
Hedge Funds Weigh In On Camping World
A number of institutional investors have recently modified their holdings of CWH. Camelot Portfolios LLC increased its position in Camping World by 3.7% during the 4th quarter. Camelot Portfolios LLC now owns 14,100 shares of the company's stock worth $297,000 after purchasing an additional 500 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of 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 in the last quarter. Summit Investment Advisors Inc. lifted its stake in shares of Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock valued at $117,000 after acquiring an additional 1,390 shares during the last quarter. XTX Topco Ltd boosted its holdings in shares of Camping World by 17.8% during the 4th quarter. XTX Topco Ltd now owns 16,373 shares of the company's stock valued at $345,000 after acquiring an additional 2,470 shares in the last quarter. Finally, Byrne Asset Management LLC bought a new stake in Camping World during the 1st quarter worth $44,000. Institutional investors and hedge funds own 52.54% of the company's stock.
Camping World Company Profile
(
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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