Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $16.55 and last traded at $16.72, with a volume of 247271 shares. The stock had previously closed at $17.76.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the stock. Bank of America assumed coverage on shares of Camping World in a research report on Thursday, December 19th. They issued a "buy" rating and a $30.00 price objective on the stock. StockNews.com raised Camping World from a "sell" rating to a "hold" rating in a research report on Thursday, November 14th. 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 research report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Camping World presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.71.
Check Out Our Latest Report on Camping World
Camping World Stock Performance
The company's 50-day simple moving average is $21.46 and its 200-day simple moving average is $22.37. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of -23.90, a PEG ratio of 0.92 and a beta of 2.57. 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) EPS for the quarter, meeting 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. On average, analysts expect that Camping World Holdings, Inc. will post -0.66 EPS for the current year.
Camping World Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be issued 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 3.03%. Camping World's payout ratio is currently -65.79%.
Insider Activity
In other Camping World news, President Matthew D. Wagner bought 5,725 shares of the stock in a transaction on Tuesday, March 4th. The stock was acquired at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the acquisition, the president now owns 300,640 shares in the company, valued at $5,294,270.40. This trade represents a 1.94 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 43.80% of the stock is owned by company insiders.
Institutional Trading of Camping World
Large investors have recently modified their holdings of the stock. Quest Partners LLC lifted its holdings in shares of Camping World by 5,647.8% in the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company's stock worth $32,000 after purchasing an additional 1,299 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after purchasing an additional 1,014 shares during the period. Mpwm Advisory Solutions LLC purchased a new position in shares of Camping World in the fourth quarter worth about $63,000. Sandia Investment Management LP bought a new position in shares of Camping World in the fourth quarter valued at approximately $105,000. Finally, Summit Investment Advisors Inc. increased its stake in Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock worth $117,000 after acquiring an additional 1,390 shares during the last quarter. Institutional investors and hedge funds 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.
Featured Stories
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
