Camping World (NYSE:CWH) Trading Down 5.3%

Camping World Holdings Inc (NYSE:CWH)’s stock price fell 5.3% on Monday . The stock traded as low as $12.89 and last traded at $12.90, 817,580 shares traded hands during trading. A decline of 5% from the average session volume of 860,121 shares. The stock had previously closed at $13.62.

Several brokerages recently issued reports on CWH. Zacks Investment Research lowered Camping World from a “hold” rating to a “sell” rating in a research report on Monday, November 18th. Bank of America lowered their target price on Camping World from $10.00 to $7.00 and set an “underperform” rating for the company in a research note on Wednesday, September 4th. ValuEngine upgraded shares of Camping World from a “hold” rating to a “buy” rating in a report on Tuesday, December 3rd. Citigroup lifted their price target on shares of Camping World from $11.00 to $14.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Finally, Northcoast Research cut shares of Camping World from a “buy” rating to a “neutral” rating in a report on Thursday, August 15th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $12.95.

The company has a debt-to-equity ratio of 79.52, a current ratio of 1.38 and a quick ratio of 0.27. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 11.52 and a beta of 3.23. The firm has a 50-day moving average price of $11.23 and a two-hundred day moving average price of $10.35.

Camping World (NYSE:CWH) last announced its earnings results on Thursday, November 7th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.04). The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.32 billion. Camping World had a negative net margin of 1.27% and a negative return on equity of 14,187.62%. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.49 EPS. On average, equities analysts predict that Camping World Holdings Inc will post -0.6 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 16th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date is Friday, December 13th. Camping World’s dividend payout ratio (DPR) is currently 28.57%.

In other Camping World news, major shareholder Abrams Capital Management, L.P bought 585,200 shares of the firm’s stock in a transaction that occurred on Tuesday, October 8th. The stock was acquired at an average price of $7.93 per share, with a total value of $4,640,636.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 49.40% of the stock is owned by company insiders.

Several large investors have recently added to or reduced their stakes in CWH. CSat Investment Advisory L.P. acquired a new position in Camping World during the second quarter valued at approximately $26,000. Tower Research Capital LLC TRC boosted its holdings in shares of Camping World by 305.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,905 shares of the company’s stock valued at $26,000 after buying an additional 2,188 shares during the last quarter. Aperio Group LLC acquired a new stake in shares of Camping World in the 2nd quarter valued at approximately $54,000. Balyasny Asset Management LLC bought a new position in shares of Camping World in the second quarter valued at $135,000. Finally, OneAscent Financial Services LLC bought a new position in shares of Camping World in the second quarter valued at $199,000. 41.09% of the stock is currently owned by institutional investors and hedge funds.

About Camping World (NYSE:CWH)

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

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