Camping World Holdings Inc (NYSE:CWH) has been given a consensus recommendation of “Buy” by the fourteen analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $43.00.
Several analysts recently commented on CWH shares. ValuEngine cut Camping World from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 23rd. TheStreet cut Camping World from a “c-” rating to a “d+” rating in a report on Tuesday, April 10th. KeyCorp reduced their target price on Camping World from $52.00 to $38.00 and set an “overweight” rating on the stock in a report on Wednesday, May 9th. Wells Fargo & Co cut their price target on Camping World from $52.00 to $43.00 and set an “outperform” rating on the stock in a report on Tuesday, April 10th. They noted that the move was a valuation call. Finally, Credit Suisse Group set a $42.00 price target on Camping World and gave the stock a “buy” rating in a report on Tuesday.
In related news, Director Kent Dillon Schickli purchased 25,000 shares of the stock in a transaction that occurred on Thursday, May 24th. The stock was acquired at an average cost of $19.96 per share, with a total value of $499,000.00. Following the transaction, the director now owns 37,974 shares of the company’s stock, valued at approximately $757,961.04. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Marcus Lemonis purchased 10,000 shares of the stock in a transaction that occurred on Monday, May 14th. The stock was bought at an average cost of $21.29 per share, with a total value of $212,900.00. The disclosure for this purchase can be found here. Insiders have bought 48,000 shares of company stock worth $997,280 over the last ninety days. 49.20% of the stock is owned by insiders.
Several institutional investors have recently made changes to their positions in the company. Citadel Advisors LLC grew its stake in shares of Camping World by 1,380.3% during the 4th quarter. Citadel Advisors LLC now owns 1,343,779 shares of the company’s stock worth $60,107,000 after acquiring an additional 1,253,001 shares during the period. Carillon Tower Advisers Inc. purchased a new stake in shares of Camping World in the 4th quarter valued at about $41,840,000. Glenmede Trust Co. NA purchased a new stake in shares of Camping World in the 4th quarter valued at about $41,478,000. Lodge Hill Capital LLC purchased a new stake in shares of Camping World in the 4th quarter valued at about $38,244,000. Finally, Point72 Asset Management L.P. purchased a new stake in shares of Camping World in the 1st quarter valued at about $22,782,000. 44.70% of the stock is owned by hedge funds and other institutional investors.
Shares of NYSE:CWH traded up $1.12 during midday trading on Friday, hitting $24.68. 2,317,855 shares of the stock were exchanged, compared to its average volume of 2,925,881. The stock has a market cap of $2.06 billion, a P/E ratio of 10.78, a price-to-earnings-growth ratio of 0.66 and a beta of 2.53. The company has a current ratio of 1.47, a quick ratio of 0.38 and a debt-to-equity ratio of 13.09. Camping World has a 12 month low of $18.16 and a 12 month high of $47.62.
Camping World (NYSE:CWH) last released its quarterly earnings results on Tuesday, May 8th. The company reported $0.41 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). Camping World had a positive return on equity of 165.19% and a negative net margin of 0.50%. The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the firm posted $0.38 earnings per share. The business’s revenue for the quarter was up 20.4% on a year-over-year basis. equities analysts forecast that Camping World will post 2.79 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Friday, June 15th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Thursday, June 14th. Camping World’s payout ratio is 13.97%.
Camping World Company Profile
Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co-branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories.
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