Short Interest in Camping World Holdings, Inc. (NYSE:CWH) Increases By 8.7%

Camping World Holdings, Inc. (NYSE:CWH) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 8,540,000 shares, a growth of 8.7% from the May 31st total of 7,860,000 shares. Approximately 20.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,000,000 shares, the short-interest ratio is presently 8.5 days.

Institutional Investors Weigh In On Camping World

A number of large investors have recently added to or reduced their stakes in CWH. Gotham Asset Management LLC raised its holdings in shares of Camping World by 45.0% during the 3rd quarter. Gotham Asset Management LLC now owns 21,163 shares of the company’s stock valued at $432,000 after buying an additional 6,570 shares in the last quarter. Schonfeld Strategic Advisors LLC raised its stake in shares of Camping World by 13.2% during the third quarter. Schonfeld Strategic Advisors LLC now owns 367,300 shares of the company’s stock worth $7,497,000 after acquiring an additional 42,767 shares in the last quarter. Axxcess Wealth Management LLC bought a new stake in shares of Camping World in the 3rd quarter worth approximately $215,000. Scopus Asset Management L.P. bought a new stake in shares of Camping World in the 3rd quarter worth approximately $918,000. Finally, Graham Capital Management L.P. bought a new position in shares of Camping World during the 3rd quarter valued at $461,000. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Monness Crespi & Hardt cut their target price on shares of Camping World from $29.00 to $24.00 and set a “buy” rating for the company in a research report on Wednesday, June 26th. KeyCorp reduced their price objective on shares of Camping World from $30.00 to $26.00 and set an “overweight” rating for the company in a research note on Friday, May 3rd. Roth Mkm restated a “buy” rating and set a $28.00 target price (down previously from $30.00) on shares of Camping World in a research report on Friday, May 3rd. Truist Financial reduced their price target on Camping World from $30.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. Finally, StockNews.com cut Camping World from a “hold” rating to a “sell” rating in a report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $28.33.

Camping World Trading Up 2.5 %

NYSE CWH traded up $0.44 during trading on Tuesday, reaching $18.01. The company’s stock had a trading volume of 145,397 shares, compared to its average volume of 965,565. The company has a debt-to-equity ratio of 11.24, a current ratio of 1.19 and a quick ratio of 0.17. The firm has a fifty day moving average of $19.85 and a 200 day moving average of $23.64. Camping World has a one year low of $16.18 and a one year high of $32.88.

Camping World (NYSE:CWH) last announced its earnings results on Wednesday, May 1st. The company reported ($0.46) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.01). Camping World had a net margin of 0.09% and a negative return on equity of 2.39%. The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.43 billion. On average, equities research analysts anticipate that Camping World will post 0.83 EPS for the current year.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, June 13th were given a $0.125 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $0.50 annualized dividend and a yield of 2.78%. Camping World’s dividend payout ratio (DPR) is presently -1,249.69%.

Camping World Company Profile

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.