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

Camping World Holdings, Inc. (NYSE:CWH) reached a new 52-week low on Monday . The company traded as low as $16.55 and last traded at $16.72, with a volume of 247271 shares changing hands. The stock had previously closed at $17.76.

Analyst Ratings Changes

A number of equities research analysts have weighed in on CWH shares. Bank of America began coverage on Camping World in a report on Thursday, December 19th. They set a “buy” rating and a $30.00 price objective on the stock. Truist Financial lifted their target price on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Finally, StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $27.71.

Camping World Stock Up 3.5 %

The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The firm’s 50-day moving average is $21.55 and its two-hundred day moving average is $22.41. The stock has a market cap of $1.69 billion, a P/E ratio of -23.98, a PEG ratio of 0.92 and a beta of 2.57.

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 firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.13 billion. On average, equities research analysts anticipate that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.02%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio (DPR) is presently -65.79%.

Insider Buying and Selling

In other Camping World news, President Matthew D. Wagner bought 5,725 shares of the stock in a transaction on Tuesday, March 4th. The stock was purchased at an average price of $17.61 per share, with a total value of $100,817.25. Following the acquisition, the president now owns 300,640 shares of the company’s stock, valued at approximately $5,294,270.40. The trade was 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 hyperlink. 43.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Camping World

A number of institutional investors have recently bought and sold shares of the business. Jefferies Financial Group Inc. acquired a new stake in Camping World during the 4th quarter worth $788,000. University of Texas Texas AM Investment Management Co. grew its holdings in Camping World by 85.7% during the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 85,352 shares of the company’s stock worth $1,799,000 after acquiring an additional 39,396 shares during the period. Castleark Management LLC acquired a new stake in Camping World during the 4th quarter worth $3,605,000. Mpwm Advisory Solutions LLC acquired a new stake in Camping World during the 4th quarter worth $63,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Camping World by 26.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 101,594 shares of the company’s stock worth $2,142,000 after acquiring an additional 21,143 shares during the period. Institutional investors and hedge funds own 52.54% of the company’s stock.

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.