Camping World Holdings, Inc. (NYSE:CWH) Short Interest Update

Camping World Holdings, Inc. (NYSE:CWH - Get Free Report) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 7,940,000 shares, a growth of 9.5% from the February 29th total of 7,250,000 shares. Based on an average daily volume of 911,500 shares, the days-to-cover ratio is presently 8.7 days. Approximately 19.2% of the shares of the stock are sold short.

Camping World Stock Performance

CWH traded up $0.44 during trading on Wednesday, hitting $27.09. The stock had a trading volume of 733,155 shares, compared to its average volume of 926,964. The company has a current ratio of 1.21, a quick ratio of 0.16 and a debt-to-equity ratio of 7.55. The firm has a market cap of $2.29 billion, a PE ratio of 52.10 and a beta of 2.60. The company has a 50 day simple moving average of $26.11 and a 200-day simple moving average of $23.28. Camping World has a 12 month low of $16.18 and a 12 month high of $32.88.

Camping World (NYSE:CWH - Get Free Report) last issued its earnings results on Wednesday, February 21st. The company reported ($0.53) earnings per share for the quarter, beating the consensus estimate of ($0.59) by $0.06. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.15 billion. Camping World had a net margin of 0.50% and a return on equity of 16.62%. The firm's revenue was down 13.4% on a year-over-year basis. During the same period in the previous year, the business earned ($0.33) EPS. Analysts expect that Camping World will post 1.06 EPS for the current year.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, March 14th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend was Wednesday, March 13th. Camping World's payout ratio is presently 96.16%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CWH shares. Stephens reiterated an "overweight" rating and issued a $28.00 target price (up from $26.00) on shares of Camping World in a report on Wednesday, January 17th. Roth Mkm started coverage on Camping World in a report on Wednesday, December 13th. They issued a "buy" rating and a $30.00 price objective on the stock. Truist Financial boosted their price target on Camping World from $25.00 to $30.00 and gave the stock a "buy" rating in a research note on Tuesday, January 9th. KeyCorp upped their target price on Camping World from $25.00 to $30.00 and gave the company an "overweight" rating in a research note on Friday, January 12th. Finally, StockNews.com downgraded Camping World from a "hold" rating to a "sell" rating in a report on Friday, February 23rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, Camping World presently has a consensus rating of "Moderate Buy" and a consensus price target of $30.64.

Insider Buying and Selling

In other Camping World news, CEO Marcus Lemonis sold 100,000 shares of the business's stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the completion of the sale, the chief executive officer now directly owns 405,268 shares in the company, valued at approximately $10,387,018.84. The transaction was disclosed in a document filed with the SEC, which is available through this link. 44.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CWH. Schonfeld Strategic Advisors LLC bought a new position in shares of Camping World in the second quarter valued at about $9,768,000. Gendell Jeffrey L lifted its position in shares of Camping World by 68.0% in the 3rd quarter. Gendell Jeffrey L now owns 335,900 shares of the company's stock worth $6,856,000 after purchasing an additional 135,900 shares during the period. Adirondack Retirement Specialists Inc. lifted its position in shares of Camping World by 25.8% during the 3rd quarter. Adirondack Retirement Specialists Inc. now owns 305,294 shares of the company's stock valued at $6,231,000 after acquiring an additional 62,519 shares during the period. Deutsche Bank AG lifted its position in shares of Camping World by 40.8% during the 3rd quarter. Deutsche Bank AG now owns 387,831 shares of the company's stock valued at $7,916,000 after acquiring an additional 112,478 shares during the period. Finally, FMR LLC raised its holdings in Camping World by 9.5% during the third quarter. FMR LLC now owns 1,941,972 shares of the company's stock worth $39,636,000 after buying an additional 169,117 shares during the last quarter. Institutional investors and hedge funds own 52.54% of the company's stock.

About Camping World

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.