Camping World Holdings, Inc. (NYSE:CWH – Get Rating) stock has been given an average recommendation of “Hold” by the nine market research firms currently covering the stock, reports MarketBeat. Three research analysts have given the stock a hold rating and one has given the company a buy rating. The average 12-month target price set by analysts covering the stock over the last year is $37.50.
A number of equity analysts recently commented on the stock. Raymond James lowered his target price on shares of Camping World from $45.00 to $40.00 in a research report on Wednesday, May 4th. Monness Crespi & Hardt lowered their target price on Camping World shares to $32.00 from $40.00 and issued a buy rating on the stock in a research report on Thursday, June 30. StockNews.com began reporting on Camping World stock in a research note on Thursday, March 31st. They gave the stock a “hold” rating. Truist Financial lowered its target price on shares of Camping World to $26.00 in a research note on Thursday, May 26. Finally, on Wednesday, April 13, DA Davidson took over coverage of Camping World shares in a research note. They put a “neutral” rating and a price target of $29.00 on the stock.
Insider activity at Camping World
Additionally, CEO Marcus Lemonis acquired 38,350 shares of the stock in a transaction on Friday, June 10. The shares were purchased at an average price of $26.36 per share for a total transaction of $1,010,906.00. Following the transaction, the Chief Executive Officer now directly owns 121,450 shares of the Company, valued at $3,201,422. The acquisition was disclosed in a filing with the SEC, which is available through the SEC’s website. 47.50% of the shares are owned by company insiders.
Institutional trading by Camping World
Several major investors have recently bought and sold shares in the company. HG Vora Capital Management LLC acquired a new interest in Camping World valued at approximately $117,390,000 during the first quarter. Millennium Management LLC increased its position in Camping World by 63.7% in the fourth quarter. Millennium Management LLC now owns 972,806 shares of the company’s stock valued at $39,301,000 after purchasing an additional 378,660 shares last quarter. Kanen Wealth Management LLC increased its stake in Camping World by 9.4% in the fourth quarter. Kanen Wealth Management LLC now owns 621,138 shares of the company’s stock valued at $25,094,000 after purchasing an additional 53,590 shares during the period. Bank of New York Mellon Corp increased its stake in Camping World by 3.4% in the first quarter. The Bank of New York Mellon Corp now owns 525,929 shares of the company’s stock valued at $14,700,000 after purchasing an additional 17,443 shares during the period. Finally, Stansberry Asset Management LLC increased its stake in Camping World by 1,099.3% during the first quarter. Stansberry Asset Management LLC now owns 408,464 shares of the company’s stock valued at $11,416,000 after purchasing an additional 374,406 shares during the period. 84.47% of the shares are owned by institutional investors and hedge funds.
Camping World value for money
CWH shares opened at $23.70 on Monday. The company has a market cap of $1.97 billion, a P/E of 4.22 and a beta of 2.79. The company’s 50-day moving average price is $25.26 and its 200-day moving average price is $29.14. The company has a gearing ratio of 6.98, a quick ratio of 0.23 and a current ratio of 1.33. Camping World has a 12-month low of $20.85 and a 12-month high of $46.77.
Camping World (NYSE:CWH – Get Rating) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported earnings per share of $0.92 for the quarter, missing the consensus estimate of $1.22 ($0.30). Camping World had a net margin of 3.72% and a return on equity of 109.12%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.64 billion. In the same period last year, the company posted $1.40 per share. Camping World’s revenue increased 6.7% compared to the prior-year quarter. As a group, research analysts expect Camping World to post 4.9 EPS for the current fiscal year.
Camping World announces dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. A dividend of $0.625 per share was paid to shareholders of record on Tuesday, June 14th. That equates to a dividend of $2.50 on an annualized basis and a dividend yield of 10.55%. The ex-dividend date of this dividend was Monday June 13th. Camping World’s payout ratio is currently 44.56%.
Company profile of Camping World
Camping World Holdings, Inc, through its subsidiaries, sells recreational vehicles (RVs) and related products and services. It operates through two segments, Good Sam Services and Plans; and RV and outdoor retail. The Company offers a portfolio of services, protection plans, products and resources in the RV industry.
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