Camping World (NYSE:CWH) Sets New 1-Year Low – Should You Sell?

Camping World Holdings, Inc. (NYSE:CWH)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $16.55 and last traded at $16.72, with a volume of 247271 shares traded. The stock had previously closed at $17.76.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Truist Financial increased their price objective on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Bank of America started coverage on Camping World in a report on Thursday, December 19th. They set a “buy” rating and a $30.00 target price on the stock. Finally, StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Camping World has an average rating of “Moderate Buy” and a consensus price target of $27.71.

Camping World Trading Up 3.5 %

The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of -23.98, a P/E/G ratio of 0.92 and a beta of 2.57. The company has a 50-day moving average price of $21.55 and a 200-day moving average price of $22.41. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67.

Camping World (NYSE:CWH) last issued its quarterly earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.55). The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. Research analysts predict that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Friday, March 14th. Camping World’s dividend payout ratio is currently -65.79%.

Insider Activity

In other news, President Matthew D. Wagner bought 5,725 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average cost of $17.61 per share, with a total value of $100,817.25. Following the completion of the transaction, the president now directly owns 300,640 shares in the company, valued at $5,294,270.40. This represents a 1.94 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 43.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Camping World

Institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in Camping World by 611.9% during the third quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company’s stock worth $7,094,000 after buying an additional 251,748 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Camping World by 4.5% during the third quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock valued at $23,701,000 after purchasing an additional 41,705 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Camping World by 11.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock valued at $15,798,000 after purchasing an additional 65,798 shares in the last quarter. Barclays PLC boosted its holdings in Camping World by 96.9% during the third quarter. Barclays PLC now owns 317,052 shares of the company’s stock valued at $7,678,000 after purchasing an additional 156,055 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new stake in Camping World during the third quarter valued at approximately $2,578,000. 52.54% of the stock is owned by institutional investors and hedge funds.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. 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.