Camping World Holdings, Inc. (NYSE:CWH - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock 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
CWH has been the topic of a number of recent analyst reports. Robert W. Baird restated a "neutral" rating and set a $18.00 price objective (down from $28.00) on shares of Camping World in a research note on Friday, April 4th. Truist Financial dropped their price target on shares of Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Baird R W cut shares of Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, KeyCorp dropped their target price on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $23.63.
Read Our Latest Analysis on Camping World
Camping World Stock Up 3.0 %
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 stock has a market capitalization of $1.41 billion, a P/E ratio of -20.09, a PEG ratio of 0.92 and a beta of 2.32. The stock's fifty day moving average is $16.03 and its two-hundred day moving average is $20.36.
Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting the consensus estimate of ($0.55). The business had revenue of $1.20 billion during 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%. As a group, research analysts predict that Camping World Holdings, Inc. will post -0.66 earnings per share 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 issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 3.61%. Camping World's payout ratio is presently -65.79%.
Insider Buying and Selling at Camping World
In other news, President Matthew D. Wagner acquired 5,725 shares of the stock in a transaction on Tuesday, March 4th. The shares were purchased at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the transaction, the president now owns 300,640 shares in the company, valued at approximately $5,294,270.40. This trade represents a 1.94 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 35.60% of the company's stock.
Institutional Trading of Camping World
A number of hedge funds have recently modified their holdings of the business. Blue Trust Inc. raised its position in Camping World by 195.0% during the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after buying an additional 1,014 shares during the period. Byrne Asset Management LLC acquired a new position in shares of Camping World in the 1st quarter valued at about $44,000. Mpwm Advisory Solutions LLC purchased a new stake in shares of Camping World in the fourth quarter worth approximately $63,000. Sandia Investment Management LP acquired a new stake in shares of Camping World during the fourth quarter worth approximately $105,000. Finally, Summit Investment Advisors Inc. lifted 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 worth $117,000 after buying an additional 1,390 shares in the last quarter. Hedge funds and other institutional investors 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.
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