Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) shares fell 16.6% during mid-day trading on Thursday . The company traded as low as $14.00 and last traded at $14.00. 1,038,706 shares traded hands during trading, a decline of 16% from the average session volume of 1,231,846 shares. The stock had previously closed at $16.78.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on CWH shares. KeyCorp decreased their price objective on shares of 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 reissued a "neutral" rating and set a $18.00 price objective (down previously from $28.00) on shares of Camping World in a research note on Friday. Truist Financial upped 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. Baird R W cut Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday. Finally, Bank of America started coverage on Camping World in a research report on Thursday, December 19th. They set a "buy" rating and a $30.00 price objective for the company. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $25.88.
Check Out Our Latest Analysis on Camping World
Camping World Stock Down 4.5 %
The firm's 50 day simple moving average is $19.35 and its 200-day simple moving average is $21.58. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The company has a market cap of $1.29 billion, a price-to-earnings ratio of -18.30, a P/E/G ratio of 0.92 and a beta of 2.32.
Camping World (NYSE:CWH - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) earnings per share (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 the consensus estimate of $1.13 billion. As a group, sell-side analysts anticipate that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.
Camping World Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 14th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 3.96%. Camping World's payout ratio is currently -65.79%.
Insider Transactions at Camping World
In related news, President Matthew D. Wagner purchased 5,725 shares of the stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the acquisition, the president now directly owns 300,640 shares in the company, valued at approximately $5,294,270.40. The trade was a 1.94 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 43.80% of the company's stock.
Institutional Trading of Camping World
Several large investors have recently made changes to their positions in the stock. Camelot Portfolios LLC grew its position in Camping World by 3.7% in 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 during the last quarter. Blue Trust Inc. boosted its stake in Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after purchasing an additional 1,014 shares in the last quarter. Summit Investment Advisors Inc. boosted its position in 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 buying an additional 1,390 shares during the last quarter. XTX Topco Ltd raised its stake in shares of Camping World by 17.8% during the fourth quarter. XTX Topco Ltd now owns 16,373 shares of the company's stock worth $345,000 after buying an additional 2,470 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC acquired a new position in Camping World in the fourth quarter valued at about $63,000. Institutional investors 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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