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

Camping World Holdings, Inc. (NYSE:CWH) President Matthew D. Wagner purchased 5,725 shares of the company’s stock in a transaction on Tuesday, March 4th. The shares were bought at an average cost of $17.61 per share, with a total value of $100,817.25. Following the transaction, the president now directly owns 300,640 shares of the company’s stock, valued at $5,294,270.40. This represents a 1.94 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Camping World Price Performance

CWH stock opened at $18.06 on Friday. Camping World Holdings, Inc. has a 52-week low of $17.00 and a 52-week high of $28.72. The stock’s fifty day simple moving average is $21.80 and its 200-day simple moving average is $22.47. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of -26.18, a price-to-earnings-growth ratio of 0.92 and a beta of 2.49.

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, hitting the consensus estimate of ($0.55). Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Equities research analysts expect that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors 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 2.77%. The ex-dividend date is Friday, March 14th. Camping World’s payout ratio is currently -65.79%.

Institutional Investors Weigh In On Camping World

A number of institutional investors have recently added to or reduced their stakes in CWH. Hood River Capital Management LLC purchased a new stake in Camping World during the fourth quarter valued at about $62,142,000. Vanguard Group Inc. grew its position in Camping World by 39.2% during the fourth quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company’s stock valued at $122,003,000 after acquiring an additional 1,630,307 shares during the period. Alyeska Investment Group L.P. purchased a new stake in Camping World during the fourth quarter valued at about $33,698,000. Interval Partners LP grew its position in Camping World by 71.8% during the fourth quarter. Interval Partners LP now owns 2,875,845 shares of the company’s stock valued at $60,623,000 after acquiring an additional 1,202,258 shares during the period. Finally, Capital Research Global Investors grew its position in Camping World by 39.8% during the fourth quarter. Capital Research Global Investors now owns 3,422,710 shares of the company’s stock valued at $72,151,000 after acquiring an additional 975,168 shares during the period. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on CWH. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Truist Financial raised their price target on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Finally, Bank of America began coverage on Camping World in a research report on Thursday, December 19th. They set a “buy” rating and a $30.00 price target for the company. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.