Camping World (NYSE:CWH) CEO Marcus Lemonis sold 130,000 shares of the firm’s stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $35.51, for a total value of $4,616,300.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Camping World stock traded up $0.04 on Thursday, hitting $28.28. 691,228 shares of the stock traded hands, compared to its average volume of 886,809. The company has a current ratio of 1.36, a quick ratio of 0.29 and a debt-to-equity ratio of 9.99. The firm has a market capitalization of $2,571.50, a P/E ratio of 12.44, a P/E/G ratio of 0.76 and a beta of 2.83. Camping World has a 1 year low of $26.30 and a 1 year high of $47.62.
Camping World (NYSE:CWH) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. Camping World had a positive return on equity of 384.26% and a negative net margin of 0.42%. The business had revenue of $888.99 million during the quarter, compared to analyst estimates of $804.84 million. analysts predict that Camping World will post 2.9 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Friday, March 16th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, March 15th. This represents a $0.32 annualized dividend and a dividend yield of 1.13%. Camping World’s payout ratio is presently 13.97%.
Large investors have recently modified their holdings of the company. Eagle Asset Management Inc. increased its holdings in shares of Camping World by 4.5% during the third quarter. Eagle Asset Management Inc. now owns 1,147,173 shares of the company’s stock valued at $45,886,000 after acquiring an additional 49,155 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Camping World by 42.6% during the third quarter. Wells Fargo & Company MN now owns 359,389 shares of the company’s stock valued at $14,641,000 after acquiring an additional 107,299 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Camping World by 0.9% during the third quarter. Ameriprise Financial Inc. now owns 269,493 shares of the company’s stock valued at $10,980,000 after acquiring an additional 2,362 shares in the last quarter. State Street Corp increased its holdings in shares of Camping World by 24.6% during the second quarter. State Street Corp now owns 354,492 shares of the company’s stock valued at $10,937,000 after acquiring an additional 69,897 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its holdings in shares of Camping World by 39.7% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 149,329 shares of the company’s stock valued at $6,680,000 after acquiring an additional 42,426 shares in the last quarter. Hedge funds and other institutional investors own 42.80% of the company’s stock.
A number of analysts recently commented on the company. ValuEngine lowered Camping World from a “strong-buy” rating to a “buy” rating in a research note on Thursday. TheStreet lowered Camping World from a “c-” rating to a “d+” rating in a research note on Tuesday. Monness Crespi & Hardt reaffirmed a “buy” rating and issued a $55.00 price target (up previously from $47.00) on shares of Camping World in a research note on Monday, January 29th. BMO Capital Markets raised their price target on Camping World from $53.00 to $62.00 and gave the stock an “outperform” rating in a research note on Thursday, March 1st. Finally, Wells Fargo dropped their price target on Camping World from $52.00 to $43.00 and set an “outperform” rating for the company in a research note on Tuesday. They noted that the move was a valuation call. One analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company. Camping World currently has a consensus rating of “Buy” and an average target price of $49.00.
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Camping World Company Profile
Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides 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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