Shares of Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $11.81 and last traded at $13.83, with a volume of 3989660 shares traded. The stock had previously closed at $12.60.
Analyst Upgrades and Downgrades
A number of analysts recently commented on CWH shares. Baird R W lowered Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Truist Financial cut their target price on Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a report on Monday. KeyCorp decreased their price target on shares of Camping World from $27.00 to $22.00 and set an "overweight" rating for the company in a research note on Thursday, March 20th. Bank of America assumed coverage on shares of Camping World in a report on Thursday, December 19th. They issued a "buy" rating and a $30.00 target price on the stock. Finally, Robert W. Baird reissued a "neutral" rating and set a $18.00 price objective (down from $28.00) on shares of Camping World in a report on Friday, April 4th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $24.38.
View Our Latest Stock Analysis on CWH
Camping World Price Performance
The company has a market cap of $1.24 billion, a P/E ratio of -17.67, a PEG ratio of 0.92 and a beta of 2.32. The business's fifty day moving average is $17.92 and its 200 day moving average is $21.03. 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 posted its earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting the consensus estimate of ($0.55). Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The firm had revenue of $1.20 billion during 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 EPS for the current year.
Camping World Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were issued a $0.125 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 annualized dividend and a dividend yield of 4.10%. Camping World's payout ratio is currently -65.79%.
Insider Buying and Selling at Camping World
In other Camping World news, President Matthew D. Wagner purchased 5,725 shares of Camping World stock in a transaction on 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 completion of the transaction, the president now directly owns 300,640 shares of the company's stock, valued at approximately $5,294,270.40. The trade was a 1.94 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 43.80% of the company's stock.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Hood River Capital Management LLC bought a new position in Camping World in the fourth quarter worth about $62,142,000. Vanguard Group Inc. grew its stake in Camping World by 39.2% in the fourth quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock worth $122,003,000 after purchasing an additional 1,630,307 shares during the period. Alyeska Investment Group L.P. purchased a new position in Camping World during the fourth quarter valued at $33,698,000. Interval Partners LP boosted its holdings in shares of Camping World by 71.8% during the 4th quarter. Interval Partners LP now owns 2,875,845 shares of the company's stock valued at $60,623,000 after buying an additional 1,202,258 shares in the last quarter. Finally, Capital Research Global Investors grew its position 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 buying an additional 975,168 shares during the period. 52.54% of the stock is owned by hedge funds and other 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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