Camping World Holdings Inc. (CWH) CFO Sells $1,574,691.30 in Stock
Camping World Holdings Inc. (NYSE:CWH) CFO Thomas F. Wolfe sold 41,769 shares of the business’s stock in a transaction on Friday, September 22nd. The stock was sold at an average price of $37.70, for a total value of $1,574,691.30. Following the completion of the transaction, the chief financial officer now owns 62,529 shares of the company’s stock, valued at approximately $2,357,343.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Camping World Holdings Inc. (NYSE:CWH) traded up 1.80% during mid-day trading on Friday, reaching $38.43. The company had a trading volume of 271,089 shares. Camping World Holdings Inc. has a 52 week low of $20.45 and a 52 week high of $39.54. The stock’s 50-day moving average price is $38.82 and its 200 day moving average price is $38.82. The firm’s market capitalization is $1.13 billion.
Camping World Holdings (NYSE:CWH) last posted its quarterly earnings data on Thursday, August 10th. The company reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.15. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Camping World Holdings had a negative return on equity of 319.74% and a net margin of 2.51%. The business’s quarterly revenue was up 20.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 EPS. On average, equities research analysts predict that Camping World Holdings Inc. will post $2.12 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.83%. Camping World Holdings’s dividend payout ratio is currently 14.29%.
A number of institutional investors and hedge funds have recently modified their holdings of CWH. Legal & General Group Plc lifted its position in Camping World Holdings by 6.7% during the 2nd quarter. Legal & General Group Plc now owns 3,353 shares of the company’s stock worth $103,000 after acquiring an additional 211 shares during the period. Meeder Asset Management Inc. acquired a new stake in Camping World Holdings during the 2nd quarter worth about $111,000. Quantbot Technologies LP lifted its position in Camping World Holdings by 180.2% during the 1st quarter. Quantbot Technologies LP now owns 5,686 shares of the company’s stock worth $183,000 after acquiring an additional 3,657 shares during the period. FNY Partners Fund LP acquired a new stake in Camping World Holdings during the 1st quarter worth about $193,000. Finally, Affinity Investment Advisors LLC acquired a new stake in Camping World Holdings during the 2nd quarter worth about $208,000. 31.53% of the stock is owned by institutional investors.
Several research firms have recently weighed in on CWH. BMO Capital Markets boosted their price target on Camping World Holdings from $36.00 to $40.00 and gave the stock an “outperform” rating in a research note on Monday, August 14th. Zacks Investment Research upgraded Camping World Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. ValuEngine upgraded Camping World Holdings from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Bank of America Corporation restated a “buy” rating on shares of Camping World Holdings in a research note on Monday, June 12th. Finally, Goldman Sachs Group, Inc. (The) upgraded Camping World Holdings from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $30.00 to $34.00 in a research note on Friday, June 9th. Thirteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Camping World Holdings currently has an average rating of “Buy” and an average target price of $36.96.
Camping World Holdings Company Profile
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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