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

Camping World Holdings, Inc. (NYSE:CWH) President Matthew D. Wagner purchased 5,725 shares of the stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average price of $17.61 per share, with a total value of $100,817.25. Following the completion of the acquisition, the president now owns 300,640 shares of the company’s stock, valued at approximately $5,294,270.40. This represents a 1.94 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Camping World Trading Up 1.9 %

Shares of CWH stock opened at $18.24 on Thursday. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of -26.44, a price-to-earnings-growth ratio of 0.92 and a beta of 2.49. The firm’s 50 day moving average price is $21.93 and its two-hundred day moving average price is $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 (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.55). The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.13 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. On average, analysts anticipate that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.125 per share. The ex-dividend date is Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.74%. Camping World’s dividend payout ratio is currently -65.79%.

Institutional Trading of Camping World

Hedge funds have recently made changes to their positions in the company. Quest Partners LLC increased its stake in shares of Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after buying an additional 1,299 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after buying an additional 1,014 shares during the last quarter. Mpwm Advisory Solutions LLC bought a new stake in shares of Camping World in the fourth quarter worth $63,000. Sandia Investment Management LP bought a new stake in Camping World during the fourth quarter valued at $105,000. Finally, Summit Investment Advisors Inc. increased its stake in Camping World by 33.4% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock valued at $117,000 after purchasing an additional 1,390 shares during the last quarter. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on CWH shares. Truist Financial lifted their price target on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, February 10th. StockNews.com raised shares of Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Bank of America began coverage on shares of Camping World in a research report on Thursday, December 19th. They issued a “buy” rating and a $30.00 target price on the stock. 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.com, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.