A number of equities research analysts have weighed in on CWH shares. TheStreet lowered Camping World from a “b-” rating to a “c+” rating in a research note on Monday, April 25th. Trust Financial lowered their target price on Camping World to $26.00 in a research note on Thursday, May 26th. JPMorgan Chase & Co. decreased their price target on Camping World from $66.00 to $58.00 in a research note on Thursday, February 24th. BMO Capital Markets cut Camping World from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 23rd. Finally, DA Davidson began coverage on Camping World in a report on Wednesday, April 13th. They issued a “neutral” rating and a $29.00 price target for the company.
In related news, CEO Marcus Lemonis purchased 38,350 shares of the business’s stock in a transaction dated Friday, June 10th. The shares were bought at an average price of $26.36 per share, with a total value of $1,010,906.00. Following the purchase, the chief executive officer now directly owns 121,450 shares in the company, valued at approximately $3,201,422. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 47.50% of the company’s stock.
Institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. its raised stake in Camping World by 413.2% during the 4th quarter. Geneos Wealth Management Inc. Now owns 621 shares of the company’s stock worth $25,000 after buying an additional 500 shares during the period. Rise Advisors LLC bought a new position in shares of Camping World in the 4th quarter valued at about $28,000. Creative Financial Designs Inc. ADV bought a new position in shares of Camping World in the 1st quarter valued at about $37,000. Dark Forest Capital Management LP bought a new position in shares of Camping World in the 3rd quarter valued at about $40,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Camping World in the 4th quarter valued at about $40,000. 84.47% of the stock is currently owned by institutional investors and hedge funds.
Shares of Camping World stock opened at $23.26 on Thursday. The business has a 50-day simple moving average of $26.76 and a 200-day simple moving average of $31.33. The company has a debt-to-equity ratio of 6.98, a quick ratio of 0.23 and a current ratio of 1.33. The company has a market cap of $1.93 billion, a PE ratio of 4.15 and a beta of 2.82. Camping World has a one year low of $22.41 and a one year high of $46.77.
Camping World (NYSE:CWH – Get Rating) last posted its earnings results on Tuesday, May 3rd. The company reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.33 by ($0.18). The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.64 billion. Camping World had a net margin of 3.72% and a return on equity of 109.12%. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the company posted $1.40 EPS. On average, sell-side analysts predict that Camping World will post 4.9 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 29th. Shareholders of record on Tuesday, June 14th will be given a $0.625 dividend. The ex-dividend date of this dividend is Monday, June 13th. This represents a $2.50 dividend on an annualized basis and a yield of 10.75%. Camping World’s payout ratio is 44.56%.
About Camping World (Get Rating)
Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs), and related products and services. 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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