Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $22.73, but opened at $20.90. Camping World shares last traded at $20.98, with a volume of 1,883,494 shares.
Analyst Ratings Changes
Several equities research analysts have issued reports on CWH shares. Truist Financial increased their target price on Camping World from $26.00 to $28.00 and gave the stock a "buy" rating in a research report on Friday, September 20th. KeyCorp raised their price objective on shares of Camping World from $25.00 to $27.00 and gave the stock an "overweight" rating in a report on Wednesday. JPMorgan Chase & Co. reissued a "neutral" rating and set a $24.00 price target (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Roth Mkm reaffirmed a "buy" rating and issued a $28.00 target price (up previously from $26.00) on shares of Camping World in a research report on Wednesday. Finally, Monness Crespi & Hardt lifted their price target on shares of Camping World from $24.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, September 27th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $27.75.
Check Out Our Latest Analysis on CWH
Camping World Price Performance
The firm has a market cap of $1.70 billion, a PE ratio of -501.50 and a beta of 2.47. The stock's fifty day moving average price is $22.83 and its 200-day moving average price is $21.16. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.19 and a current ratio of 1.19.
Camping World (NYSE:CWH - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.10). The business had revenue of $1.80 billion during the quarter, compared to analysts' expectations of $1.87 billion. Camping World had a negative net margin of 0.22% and a negative return on equity of 10.04%. The company's quarterly revenue was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.60 EPS. As a group, equities analysts forecast that Camping World Holdings, Inc. will post -0.6 EPS for the current fiscal year.
Camping World Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Friday, September 13th were given a $0.125 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.48%. Camping World's dividend payout ratio is presently -1,250.00%.
Insider Buying and Selling
In related news, CEO Marcus Lemonis sold 121,450 shares of Camping World stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $21.80, for a total value of $2,647,610.00. Following the completion of the sale, the chief executive officer now owns 155,268 shares of the company's stock, valued at approximately $3,384,842.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 43.80% of the stock is owned by corporate insiders.
Institutional Trading of Camping World
Several large investors have recently added to or reduced their stakes in CWH. Point72 DIFC Ltd bought a new stake in shares of Camping World during the second quarter worth $50,000. Russell Investments Group Ltd. raised its position in shares of Camping World by 6,495.0% in the 1st quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company's stock valued at $110,000 after buying an additional 3,897 shares in the last quarter. ProShare Advisors LLC acquired a new position in Camping World during the 1st quarter worth approximately $209,000. nVerses Capital LLC acquired a new position in Camping World in the 3rd quarter valued at approximately $191,000. Finally, Handelsbanken Fonder AB bought a new stake in shares of Camping World in the 3rd quarter valued at $240,000. 52.54% of the stock is owned by institutional investors.
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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