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Shares of Camping World Holdings, Inc. (NYSE:CWH – Get Rating) have earned an average recommendation of “Hold” from the nine analysts that are covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $32.83.
Several equities research analysts have recently issued reports on CWH shares. Raymond James reduced their target price on Camping World from $36.00 to $30.00 and set an “outperform” rating on the stock in a report on Thursday, November 3rd. JPMorgan Chase & Co. reduced their target price on Camping World from $46.00 to $37.00 and set an “overweight” rating on the stock in a report on Thursday, November 3rd. Truist Financial reduced their target price on Camping World from $30.00 to $25.00 and set a “hold” rating on the stock in a report on Friday, September 23rd. Finally, StockNews.com started coverage on Camping World in a report on Wednesday, October 12th. They issued a “hold” rating on the stock.
Camping World Price Performance
NYSE CWH opened at $24.58 on Thursday. The business’s fifty day moving average is $26.75 and its 200 day moving average is $26.85. Camping World has a fifty-two week low of $20.85 and a fifty-two week high of $41.70. The company has a market capitalization of $2.05 billion, a PE ratio of 5.41 and a beta of 2.55. The company has a debt-to-equity ratio of 4.40, a quick ratio of 0.25 and a current ratio of 1.42.
Camping World (NYSE:CWH – Get Rating) last announced its quarterly earnings data on Tuesday, November 1st. The company reported $0.93 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.19). Camping World had a net margin of 2.79% and a return on equity of 65.79%. The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Sell-side analysts predict that Camping World will post 3.73 earnings per share for the current year.
Camping World Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 29th. Shareholders of record on Wednesday, December 14th will be given a dividend of $0.625 per share. This represents a $2.50 annualized dividend and a yield of 10.17%. The ex-dividend date of this dividend is Tuesday, December 13th. Camping World’s dividend payout ratio is currently 55.07%.
Insider Transactions at Camping World
In related news, CEO Marcus Lemonis sold 272,097 shares of the firm’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $27.56, for a total value of $7,498,993.32. Following the transaction, the chief executive officer now directly owns 600,171 shares of the company’s stock, valued at approximately $16,540,712.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Camping World news, CEO Marcus Lemonis sold 272,097 shares of the firm’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $27.56, for a total value of $7,498,993.32. Following the transaction, the chief executive officer now directly owns 600,171 shares of the company’s stock, valued at approximately $16,540,712.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Karin L. Bell sold 16,953 shares of the firm’s stock in a transaction that occurred on Friday, September 16th. The stock was sold at an average price of $30.08, for a total transaction of $509,946.24. Following the sale, the chief financial officer now owns 105,898 shares of the company’s stock, valued at approximately $3,185,411.84. The disclosure for this sale can be found here. Insiders have sold a total of 289,504 shares of company stock valued at $8,022,560 in the last ninety days. 47.50% of the stock is currently owned by corporate insiders.
Institutional Trading of Camping World
Several institutional investors have recently added to or reduced their stakes in the stock. Insight Advisors LLC PA increased its holdings in Camping World by 14.8% in the 3rd quarter. Insight Advisors LLC PA now owns 60,889 shares of the company’s stock valued at $1,542,000 after purchasing an additional 7,870 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Camping World by 5.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 544,382 shares of the company’s stock valued at $13,784,000 after purchasing an additional 25,995 shares during the last quarter. Arbor Capital Management Inc. ADV increased its holdings in Camping World by 20.5% in the 3rd quarter. Arbor Capital Management Inc. ADV now owns 75,614 shares of the company’s stock valued at $2,045,000 after purchasing an additional 12,848 shares during the last quarter. Balyasny Asset Management LLC increased its holdings in Camping World by 173.7% in the 3rd quarter. Balyasny Asset Management LLC now owns 50,277 shares of the company’s stock valued at $1,273,000 after purchasing an additional 31,910 shares during the last quarter. Finally, Truvestments Capital LLC grew its stake in shares of Camping World by 32.3% in the third quarter. Truvestments Capital LLC now owns 23,490 shares of the company’s stock worth $595,000 after acquiring an additional 5,733 shares in the last quarter. Institutional investors and hedge funds own 38.15% of the company’s stock.
Camping World Company Profile
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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