Matthew D. Wagner Buys 5,725 Shares of Camping World Holdings, Inc. (NYSE:CWH) Stock

Camping World Holdings, Inc. (NYSE:CWH) President Matthew D. Wagner bought 5,725 shares of the stock in a transaction on Tuesday, March 4th. The shares were acquired at an average price of $17.61 per share, with a total value of $100,817.25. Following the purchase, the president now owns 300,640 shares of the company’s stock, valued at $5,294,270.40. The trade was a 1.94 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Camping World Stock Performance

CWH stock opened at $18.24 on Thursday. The company has a market capitalization of $1.55 billion, a P/E ratio of -26.44, a PEG ratio of 0.92 and a beta of 2.49. The company has a 50-day simple moving average of $21.93 and a 200 day simple moving average of $22.53. Camping World Holdings, Inc. has a fifty-two week low of $17.00 and a fifty-two week high of $28.72. 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 posted its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting the consensus estimate of ($0.55). Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. Sell-side analysts predict that Camping World Holdings, Inc. will post -0.66 earnings per share 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. Shareholders of record on Friday, March 14th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date is Friday, March 14th. Camping World’s payout ratio is -65.79%.

Institutional Investors Weigh In On Camping World

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Camelot Portfolios LLC lifted its holdings in Camping World by 3.7% in the 4th quarter. Camelot Portfolios LLC now owns 14,100 shares of the company’s stock valued at $297,000 after acquiring an additional 500 shares during the last quarter. Creative Planning lifted its holdings in Camping World by 8.7% in the 3rd quarter. Creative Planning now owns 11,133 shares of the company’s stock valued at $270,000 after acquiring an additional 892 shares during the last quarter. Verdence Capital Advisors LLC lifted its holdings in Camping World by 1.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 62,603 shares of the company’s stock valued at $1,516,000 after acquiring an additional 965 shares during the last quarter. Blue Trust Inc. lifted its holdings in Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock valued at $32,000 after acquiring an additional 1,014 shares during the last quarter. Finally, Quest Partners LLC lifted its holdings in Camping World by 5,647.8% in the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after acquiring an additional 1,299 shares during the last quarter. 52.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CWH has been the subject of several analyst reports. StockNews.com raised shares of Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Bank of America initiated coverage on shares of Camping World in a report on Thursday, December 19th. They set a “buy” rating and a $30.00 price target for the company. Finally, Truist Financial boosted their price target on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.71.

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.