Trexquant Investment LP Acquires Shares of 107,067 Camping World $CWH

Key Points

• Trexquant Investment LP has made a new investment in Camping World, purchasing 107,067 shares valued at approximately $1.73 million, which accounts for about 0.10% of the company.
• Camping World recently reported $1.98 billion in revenue for the last quarter, exceeding analyst estimates, but missed earnings expectations with an EPS of $0.57.
• The company announced a quarterly dividend of $0.125 per share, resulting in an annualized dividend yield of 2.8%, despite a negative payout ratio of -250.00%.

Trexquant Investment LP bought a new position in shares of Camping World (NYSE:CWH - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 107,067 shares of the company's stock, valued at approximately $1,730,000. Trexquant Investment LP owned about 0.10% of Camping World as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Byrne Asset Management LLC acquired a new stake in shares of Camping World in the first quarter valued at $44,000. Mpwm Advisory Solutions LLC acquired a new position in Camping World during the 4th quarter worth $63,000. US Bancorp DE acquired a new position in Camping World during the 1st quarter worth $72,000. Sandia Investment Management LP acquired a new position in Camping World during the 4th quarter worth $105,000. Finally, CWM LLC grew its stake in Camping World by 1,060.1% during the 1st quarter. CWM LLC now owns 7,645 shares of the company's stock worth $124,000 after purchasing an additional 6,986 shares in the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Stock Performance

Shares of Camping World stock traded down $0.09 on Tuesday, hitting $17.69. The stock had a trading volume of 1,474,966 shares, compared to its average volume of 2,190,393. Camping World has a 52-week low of $11.17 and a 52-week high of $25.97. The company has a current ratio of 1.26, a quick ratio of 0.24 and a debt-to-equity ratio of 3.12. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of -88.43 and a beta of 1.92. The company's 50 day moving average price is $17.22 and its 200 day moving average price is $16.52.

Camping World (NYSE:CWH - Get Free Report) last posted its earnings results on Tuesday, July 29th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.01). Camping World had a negative net margin of 0.13% and a negative return on equity of 2.81%. The firm had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.87 billion. During the same period in the previous year, the firm posted $0.38 earnings per share. The firm's revenue for the quarter was up 9.4% on a year-over-year basis. On average, research analysts anticipate that Camping World will post -0.66 EPS for the current year.

Camping World Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.50 annualized dividend and a yield of 2.8%. Camping World's dividend payout ratio is currently -250.00%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CWH. Zacks Research raised Camping World from a "strong sell" rating to a "hold" rating in a research note on Friday. Citigroup reissued a "buy" rating and set a $23.00 target price (up from $21.00) on shares of Camping World in a research note on Monday, June 16th. Raymond James Financial lowered their target price on Camping World from $20.00 to $18.00 and set an "outperform" rating for the company in a research note on Thursday, July 31st. Truist Financial boosted their target price on Camping World from $16.00 to $20.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. Finally, KeyCorp lifted their price target on Camping World from $18.00 to $21.00 and gave the stock an "overweight" rating in a report on Thursday, August 14th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, Camping World presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.78.

Camping World Profile

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.