Shares of Camping World Holdings Inc (NYSE:CWH) have received an average recommendation of “Buy” from the fourteen brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $44.71.
Several brokerages have issued reports on CWH. Zacks Investment Research lowered Camping World from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. ValuEngine lowered Camping World from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Credit Suisse Group reaffirmed a “buy” rating on shares of Camping World in a report on Sunday, October 1st. Bank of America raised their price objective on Camping World from $48.00 to $49.00 and gave the stock a “buy” rating in a report on Tuesday, November 14th. Finally, Forward View reaffirmed a “buy” rating and set a $45.00 price objective on shares of Camping World in a report on Monday, November 13th.
Camping World (NYSE CWH) opened at $43.56 on Wednesday. The stock has a market capitalization of $3,810.00 and a PE ratio of 22.57. Camping World has a twelve month low of $26.30 and a twelve month high of $47.62. The company has a current ratio of 1.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.74.
Camping World (NYSE:CWH) last issued its quarterly earnings data on Thursday, November 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.11. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.20 billion. Camping World had a return on equity of 116.85% and a net margin of 1.20%. The business’s quarterly revenue was up 25.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.53 earnings per share. sell-side analysts forecast that Camping World will post 2.29 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.32 annualized dividend and a dividend yield of 0.73%. Camping World’s dividend payout ratio (DPR) is 16.58%.
In related news, insider Roger L. Nuttall sold 33,555 shares of the firm’s stock in a transaction dated Tuesday, December 26th. The shares were sold at an average price of $45.78, for a total value of $1,536,147.90. Following the completion of the sale, the insider now owns 156,055 shares in the company, valued at $7,144,197.90. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Marcus Lemonis sold 700,000 shares of the firm’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $40.50, for a total transaction of $28,350,000.00. The disclosure for this sale can be found here. Insiders have sold 7,797,354 shares of company stock valued at $316,467,007 in the last quarter. Insiders own 66.60% of the company’s stock.
Large investors have recently made changes to their positions in the stock. Legal & General Group Plc lifted its position in Camping World by 6.7% in the second quarter. Legal & General Group Plc now owns 3,353 shares of the company’s stock valued at $103,000 after purchasing an additional 211 shares during the period. Sawgrass Asset Management LLC acquired a new stake in Camping World in the third quarter valued at about $203,000. Scotia Capital Inc. acquired a new stake in Camping World in the second quarter valued at about $273,000. Invictus RG acquired a new stake in Camping World in the third quarter valued at about $302,000. Finally, Capco Asset Management LLC acquired a new stake in Camping World in the third quarter valued at about $306,000. Hedge funds and other institutional investors own 33.98% of the company’s stock.
Camping World Company Profile
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including 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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