The stock of Camping World Holdings Inc. (NYSE:CWH) decreased by -$0.12 on Friday to finish at $27.60, down -0.43 percent. The last five days have seen an average of 853,620 shares of common stock traded. 19 times new highs were reached in the current year, with a gain of $5.28. The average number of shares traded over the last 20 days was 1,145,785, while the average volume over the last 50 days totaled 1,073,038.
CWH stock dropped -14.63% since last month. On 08/03/23, the company’s shares reached a one-month low of $25.61. The stock touched a high of $33.99 on 07/13/23, after rallying from a low of $18.69 in 52 weeks. The price of CWH stock has risen by 23.66% or $5.28 this year, reaching a new high 19 times. Still, the stock price is down -18.80% from the 52-week high.
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Insider Transactions
CWH stock investors should be aware that Camping World Holdings Inc. (CWH) stock had its last reported insider trading activity 75 days ago on May 31. On May 31, Director SCHICKLI KENT DILLON sold 10,101 shares at $27.00 each. This transaction resulted in the insider making $272,727. On Nov 23, LEMONIS MARCUS sold 94,903 shares at a price of US$27.69. After the transaction, the insider now owns 505,268 shares. CHIEF EXECUTIVE OFFICER LEMONIS MARCUS had earlier sold 272,097 shares on Nov 22 for $27.56 a share. The transaction was completed for $7,497,669.
Valuation Metrics
Camping World Holdings Inc. (CWH) has a trailing price-to-earnings (P/E) ratio of 31.83. Beta for the stock is 2.66. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.36, the price-to-book (PB) ratio of 8.96, and the price-to-cash flow ratio of 25.04.
Company paid $0.1250 per share in dividends, a decrease of -80.0% from $0.6250 last year. A $0.50 dividend decrease was reported on Tuesday August 1 2023.
Financial Health
For the three months ended June 29, Camping World Holdings Inc.’s quick ratio was 0.20, while its current ratio was 1.30, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 11.99, and the total debt to equity ratio is 20.67. As far as profitability goes, gross margin for the trailing twelve months is 30.60% percent. Camping World Holdings Inc.’s EBITDA margin for the year ended June 29 was 10.38%, whereas its operating margin stood at 5.50% for the same period. Based on annual data, it had gross profit of $2.26 billion and revenue of $6.97 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CWH’s return on assets (ROA) during the last 12 months has been 0.80%. There was a 15.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 25.50%.
Earnings Surprise
According to Camping World Holdings Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.9 billion, while revenues fell by -14.1% to $1.49 billion. It was predicted that Camping World Holdings Inc.’s quarterly earnings would be $0.73, but it ended up being $0.78, beating the consensus by -6.40%. EBITDA was $150.44 million for the quarter. At the end of Camping World Holdings Inc.’s most recent quarter ended June 29, its liabilities totaled 4.54 billion, while its total debt was $3.65 billion. Equity owned by shareholders amounts to $84.02 million.
Technical Picture
Here’s a quick look at Camping World Holdings Inc.’s (CWH) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 34.79%, suggesting the stock is Neutral, with a 71.89% historical volatility rate.
The stochastic %K and %D were 29.87% and 32.74% respectively, while the average true range (ATR) was 1.25. Based on the 14-day stochastic reading of 28.72%, the RSI (14) reading is 39.35%. On the 9-day MACD Oscillator, the stock is at -0.34, and the 14-day reading is at -1.69.
Analyst Ratings
In its most recent analyst report, Truist raised its rating on Camping World Holdings Inc. (NYSE: CWH) to a Buy. Prior to this, analysts firm rated the stock as a Hold. Analysts have assigned Camping World Holdings Inc. (CWH) an Buy rating. CWH is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 8 others recommend it as a buy.
What is CWH’s price target for the next 12 months?
The current consensus forecast for the stock is between $25.00 and $40.00, with a median target price of $34.50. In analyzing these forecasts, the average price target given by analysts for Camping World Holdings Inc. (CWH) is $33.70.
