In yesterday’s Wall Street session, Camping World Holdings Inc. (NYSE:CWH) shares traded at $32.33, up 1.16% from the previous session.
As of this writing, 11 analysts cover Camping World Holdings Inc. (NYSE:CWH). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $36.00 and a low of $25.00, we find $30.00. Given the previous closing price of $31.96, this indicates a potential downside of -6.13 percent. CWH stock price is now 18.26% away from the 50-day moving average and 29.39% away from the 200-day moving average. The market capitalization of the company currently stands at $2.73B.
There are 3 analysts who have given it a hold rating, whereas 6 have given it a buy rating. Brokers who have rated the stock have averaged $30.60 as their price target over the next twelve months.
With the price target enhanced from $25 to $36, DA Davidson Upgraded its rating from Neutral to Buy for Camping World Holdings Inc. (NYSE: CWH).
In other news, SCHICKLI KENT DILLON, Director sold 10,101 shares of the company’s stock on May 31. The stock was sold for $272,727 at an average price of $27.00. Upon completion of the transaction, the Director now directly owns 72,124 shares in the company, valued at $2.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 23, CHIEF EXECUTIVE OFFICER LEMONIS MARCUS sold 94,903 shares of the business’s stock. A total of $2,627,883 was realized by selling the stock at an average price of $27.69. This leaves the insider owning 505,268 shares of the company worth $16.34 million. Insiders disposed of 470,722 shares of company stock worth roughly $15.22 million over the past 1 year. A total of 3.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CWH stock. A new stake in Camping World Holdings Inc. shares was purchased by NEWPORT CAPITAL GROUP, LLC during the first quarter worth $19,810,000. J. GOLDMAN & CO LP invested $9,707,000 in shares of CWH during the first quarter. In the first quarter, BANK OF MONTREAL /CAN/ acquired a new stake in Camping World Holdings Inc. valued at approximately $1,980,000. JENKINS WEALTH acquired a new stake in CWH for approximately $1,640,000. KINGSVIEW WEALTH MANAGEMENT, LLC purchased a new stake in CWH valued at around $1,413,000 in the second quarter. In total, there are 304 active investors with 76.10% ownership of the company’s stock.
Thursday morning saw Camping World Holdings Inc. (NYSE: CWH) opened at $31.96. During the past 12 months, Camping World Holdings Inc. has had a low of $18.69 and a high of $33.99. As of last week, the company has a debt-to-equity ratio of 20.60, a current ratio of 1.40, and a quick ratio of 0.20. According to the stock market information, the enterprise value for the company is $4.90B, which is based on a 14.46 price-to-earnings ratio, a 0.42 price-to-earnings-growth ratio, and a beta of 2.62. The fifty day moving average price for CWH is $27.53 and a two-hundred day moving average price translates $25.03 for the stock.
The latest earnings results from Camping World Holdings Inc. (NYSE: CWH) was released for Mar, 2023. According to the Auto & Truck Dealerships Company, earnings per share came in at $0.14, beating analysts’ expectations of -$0.06 by 0.2. This compares to $2.43 EPS in the same period last year. The net profit margin was 1.40% and return on equity was 56.20% for CWH. The company reported revenue of $1.49 billion for the quarter, compared to $1.66 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.56 percent. For the current quarter, analysts expect CWH to generate $1.97B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/29/2023. Investors who held shares on 06/14/2023 were paid a $0.625 dividend. On an annualized basis, this represents a $2.50 dividend and a 7.73% percent yield. There was an ex-dividend date of 06/13/2023 for this dividend. In terms of dividend payout ratio, CWH is presently at 109.40%.
Camping World Holdings Inc.(CWH) Company Profile
Camping World Holdings, Inc., together 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. It also offers extended vehicle service contracts; roadside assistance plans; property and casualty insurance programs; travel protection and planning; and RV and outdoor related consumer shows, as well as produces various monthly and annual RV focused consumer magazines; and operates the Coast to Coast Club. In addition, the company provides new and used RVs; vehicle financing; RV repair and maintenance services; various RV parts, equipment, supplies, and accessories, which include towing and hitching products, satellite and GPS systems, electrical and lighting products, appliances and furniture, and other products; and collision repair services comprising fiberglass front and rear cap replacement, windshield replacement, interior remodel solutions, and paint and body work. Further, it offers equipment, gears, and supplies for camping, hunting, fishing, skiing, snowboarding, bicycling, skateboarding, and marine and watersports equipment and supplies, as well as operates Good Sam Club, a membership organization that offers savings on a range of products and services and provides co-branded credit cards. It serves customers through dealerships, and online and e-commerce platforms. Camping World Holdings, Inc. was founded in 1966 and is headquartered in Lincolnshire, Illinois.
