Insider Selling: Camping World Holdings, Inc. (NYSE:CWH) CFO Sells 16,953 Shares of Stock

Camping World Holdings, Inc. (NYSE:CWHGet Rating) CFO Karin L. Bell sold 16,953 shares of the stock in a transaction on Friday, September 16th. The shares were sold at an average price of $30.08, for a total value of $509,946.24. Following the sale, the chief financial officer now owns 105,898 shares of the company’s stock, valued at approximately $3,185,411.84. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Camping World Stock Performance

NYSE CWH opened at $28.92 on Tuesday. The stock has a 50-day simple moving average of $28.93 and a two-hundred day simple moving average of $27.60. The firm has a market capitalization of $2.41 billion, a P/E ratio of 5.47 and a beta of 2.72. Camping World Holdings, Inc. has a fifty-two week low of $20.85 and a fifty-two week high of $46.77. The company has a debt-to-equity ratio of 4.96, a quick ratio of 0.27 and a current ratio of 1.39.

Camping World (NYSE:CWHGet Rating) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.27. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.03 billion. Camping World had a return on equity of 87.92% and a net margin of 3.31%. During the same quarter last year, the business posted $2.40 EPS. On average, equities analysts forecast that Camping World Holdings, Inc. will post 4.39 earnings per share for the current year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 29th. Stockholders of record on Wednesday, September 14th will be given a dividend of $0.625 per share. This represents a $2.50 dividend on an annualized basis and a dividend yield of 8.64%. The ex-dividend date of this dividend is Tuesday, September 13th. Camping World’s dividend payout ratio (DPR) is presently 47.26%.

Institutional Investors Weigh In On Camping World

A number of institutional investors have recently modified their holdings of the business. Captrust Financial Advisors grew its position in shares of Camping World by 26.7% during the 2nd quarter. Captrust Financial Advisors now owns 322,341 shares of the company’s stock valued at $6,959,000 after acquiring an additional 67,861 shares during the period. ExodusPoint Capital Management LP acquired a new stake in shares of Camping World during the 2nd quarter valued at about $846,000. Walleye Capital LLC acquired a new stake in shares of Camping World during the 2nd quarter valued at about $478,000. Price T Rowe Associates Inc. MD grew its position in shares of Camping World by 19.4% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 10,071 shares of the company’s stock valued at $217,000 after acquiring an additional 1,635 shares during the period. Finally, Corton Capital Inc. acquired a new stake in Camping World in the 2nd quarter worth about $392,000. 38.15% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CWH has been the subject of a number of research analyst reports. Truist Financial reduced their target price on Camping World to $26.00 in a research note on Thursday, May 26th. TheStreet upgraded Camping World from a “c+” rating to a “b-” rating in a research note on Friday, August 12th. Raymond James raised their target price on Camping World from $32.00 to $36.00 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. Finally, Monness Crespi & Hardt raised their target price on Camping World from $32.00 to $36.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Camping World currently has an average rating of “Hold” and a consensus target price of $37.50.

Camping World Company Profile

(Get Rating)

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.

Further Reading

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