In yesterday’s Wall Street session, Camping World Holdings Inc. (NYSE:CWH) shares traded at $27.40, down -12.38% 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 $40.00 and a low of $25.00, we find $34.00. Given the previous closing price of $31.27, this indicates a potential upside of 8.73 percent. CWH stock price is now -6.41% away from the 50-day moving average and 7.83% away from the 200-day moving average. The market capitalization of the company currently stands at $2.27B.
There are 3 analysts who have given it a hold rating, whereas 7 have given it a buy rating. Brokers who have rated the stock have averaged $32.90 as their price target over the next twelve months.
With the price target maintained at $40, Northcoast recently 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 $1.98 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 $13.84 million. Insiders disposed of 470,722 shares of company stock worth roughly $12.9 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 J. GOLDMAN & CO LP during the first quarter worth $8,227,000. JENKINS WEALTH invested $1,390,000 in shares of CWH during the first quarter. In the first quarter, KINGSVIEW WEALTH MANAGEMENT, LLC acquired a new stake in Camping World Holdings Inc. valued at approximately $1,197,000. BAYESIAN CAPITAL MANAGEMENT, LP acquired a new stake in CWH for approximately $822,000. PEAK6 INVESTMENTS LLC purchased a new stake in CWH valued at around $804,000 in the second quarter.
Wednesday morning saw Camping World Holdings Inc. (NYSE: CWH) opened at $26.34. 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 $4.85B, which is based on a 12.25 price-to-earnings ratio, a 0.35 price-to-earnings-growth ratio, and a beta of 2.64. The fifty day moving average price for CWH is $29.29 and a two-hundred day moving average price translates $25.41 for the stock.
According to the Auto & Truck Dealerships Company, earnings per share came in at $0.73, missing analysts’ expectations of $0.78 by -0.05. 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 $1.79B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 09/29/2023. Investors who held shares on 09/14/2023 were paid a $0.125 dividend. On an annualized basis, this represents a $2.50 dividend and a 9.12% percent yield. There was an ex-dividend date of 09/13/2023 for this dividend. In terms of dividend payout ratio, CWH is presently at 109.40%.
