Camping World Holdings, Inc. (NYSE:CWH) Short Interest Update

Camping World Holdings, Inc. (NYSE:CWH) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 7,870,000 shares, an increase of 19.2% from the February 13th total of 6,600,000 shares. Based on an average daily volume of 1,340,000 shares, the short-interest ratio is presently 5.9 days. Approximately 16.5% of the company’s stock are short sold.

Camping World Stock Down 1.6 %

Shares of CWH stock traded down $0.28 during trading on Thursday, hitting $17.14. 600,217 shares of the company were exchanged, compared to its average volume of 1,171,772. 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 has a market capitalization of $1.75 billion, a price-to-earnings ratio of -24.79, a P/E/G ratio of 0.92 and a beta of 2.57. The business’s 50-day simple moving average is $21.02 and its 200 day simple moving average is $22.17. Camping World has a twelve month low of $15.39 and a twelve month high of $28.33.

Camping World (NYSE:CWH) last posted its quarterly earnings results on Tuesday, February 25th. The company reported ($0.55) EPS for the quarter, hitting the consensus estimate of ($0.55). The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.13 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. As a group, analysts forecast that Camping World will post -0.66 EPS for the current fiscal year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio (DPR) is presently -65.79%.

Insider Transactions at Camping World

In other news, President Matthew D. Wagner bought 5,725 shares of Camping World stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average cost of $17.61 per share, with a total value of $100,817.25. Following the completion of the transaction, the president now owns 300,640 shares in the company, valued at approximately $5,294,270.40. This trade represents a 1.94 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 43.80% of the company’s stock.

Institutional Trading of Camping World

A number of institutional investors have recently added to or reduced their stakes in CWH. Quest Partners LLC lifted its stake in Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after acquiring an additional 1,299 shares during the last quarter. Blue Trust Inc. increased its position in Camping World by 195.0% during the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares during the period. Mpwm Advisory Solutions LLC bought a new stake in Camping World in the 4th quarter valued at $63,000. Sandia Investment Management LP acquired a new stake in shares of Camping World in the 4th quarter valued at $105,000. Finally, Summit Investment Advisors Inc. boosted its stake in shares of Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock valued at $117,000 after purchasing an additional 1,390 shares in the last quarter. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CWH. KeyCorp dropped their price target on shares of Camping World from $27.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday. Bank of America began coverage on shares of Camping World in a research note on Thursday, December 19th. They issued a “buy” rating and a $30.00 price target for the company. Finally, Truist Financial lifted their price target on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $27.00.

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.