Camping World (NYSE:CWH – Get Rating) released its earnings results on Tuesday. The company reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.21, Fidelity Earnings reports. Camping World had a return on equity of 93.03% and a net margin of 3.31%. During the same quarter in the previous year, the business posted $2.40 EPS.
Camping World Price Performance
CWH stock traded up $1.26 on Thursday, reaching $31.10. The company had a trading volume of 34,130 shares, compared to its average volume of 776,157. Camping World has a 1 year low of $20.85 and a 1 year high of $46.77. The company has a debt-to-equity ratio of 6.98, a quick ratio of 0.23 and a current ratio of 1.33. The company's fifty day moving average is $24.92 and its 200 day moving average is $28.19. The company has a market cap of $2.59 billion, a P/E ratio of 5.64 and a beta of 2.79.
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The company also recently declared a quarterly dividend, which was paid on Wednesday, June 29th. Stockholders of record on Tuesday, June 14th were paid a dividend of $0.625 per share. This represents a $2.50 annualized dividend and a dividend yield of 8.04%. The ex-dividend date was Monday, June 13th. Camping World's dividend payout ratio (DPR) is 47.26%.
Insider Activity at Camping World
In related news, CEO Marcus Lemonis bought 38,350 shares of Camping World stock in a transaction that occurred on Friday, June 10th. The shares were purchased at an average price of $26.36 per share, with a total value of $1,010,906.00. Following the purchase, the chief executive officer now owns 121,450 shares in the company, valued at $3,201,422. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 47.50% of the stock is owned by corporate insiders.Institutional Investors Weigh In On Camping World
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp lifted its stake in Camping World by 3.4% in the 1st quarter. Bank of New York Mellon Corp now owns 525,929 shares of the company's stock valued at $14,700,000 after buying an additional 17,443 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Camping World by 16.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 387,593 shares of the company's stock valued at $10,835,000 after buying an additional 55,017 shares in the last quarter. Great West Life Assurance Co. Can lifted its stake in Camping World by 12,962.0% in the 1st quarter. Great West Life Assurance Co. Can now owns 369,786 shares of the company's stock valued at $10,318,000 after buying an additional 366,955 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in Camping World by 29.6% in the 1st quarter. Advisors Asset Management Inc. now owns 327,185 shares of the company's stock valued at $9,145,000 after acquiring an additional 74,773 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Camping World by 9.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 319,619 shares of the company's stock valued at $8,934,000 after acquiring an additional 26,493 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have issued reports on CWH. TheStreet cut Camping World from a "b-" rating to a "c+" rating in a research report on Monday, April 25th. Raymond James dropped their target price on Camping World from $40.00 to $32.00 in a research report on Sunday, July 24th. Monness Crespi & Hardt dropped their target price on Camping World from $40.00 to $32.00 and set a "buy" rating on the stock in a research report on Thursday, June 30th. DA Davidson began coverage on Camping World in a research report on Wednesday, April 13th. They set a "neutral" rating and a $29.00 target price on the stock. Finally, Truist Financial dropped their target price on Camping World to $26.00 in a research report on Thursday, May 26th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $36.17.
Camping World Company Profile
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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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