At the last check on Friday, Camping World Holdings Inc.’s (NYSE:CWH) stock was up $0.68, moving up 2.75 percent to $25.41. The average number of shares traded per day over the past five days has been 1,048,469 shares. 4 times new highs have been achieved over the past 5 days, with a $1.07 gain in that time frame. In the last twenty days, the average volume was 828,852, while in the previous 50 days, it was 984,285.
Since last month, CWH stock retreated -4.15%. Shares of the company fell to $24.30 on 08/28/23, the lowest level in the past month. A 52-week high of $32.88 was reached on 07/13/23 after having rallying from a 52-week low of $18.69. Since the beginning of this year, CWH’s stock price has risen by 13.84% or $3.26, and marked a new high 19 times. However, the stock has declined by -22.72% since its 52-week high.
CWH stock investors should be aware that Camping World Holdings Inc. (CWH) stock had its last reported insider trading activity 93 days ago on May 31. SCHICKLI KENT DILLON, the Director of the company, disposed of 10,101 shares for $27.00 on May 31. It resulted in a $272,727 divestment by the insider. LEMONIS MARCUS sold 94,903 shares at an average price of $27.69 on Nov 23. The insider now owns 505,268 shares following the transaction. On Nov 22, CHIEF EXECUTIVE OFFICER LEMONIS MARCUS sold 272,097 shares at $27.56 apiece. The transaction was valued at $7,497,669.
Valuation Metrics
Right now, Camping World Holdings Inc. (CWH) has a P/E ratio of about 29.31. The stock’s beta is 2.67. Besides these, the trailing price-to-sales (P/S) ratio of 0.33, the price-to-book (PB) ratio of 8.25, and the price-to-cash flow ratio of 23.28 may also be considered.
The latest dividend of $0.1250 per share was paid out, which is -80.0% less than last year’s $0.6250. On Tuesday August 1 2023, a $0.50 dividend decrease was announced.
Financial Health
In the three months ended June 29, Camping World Holdings Inc.’s quick ratio stood at 0.20, while its current ratio was 1.30, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 11.99, and the total debt-to-equity ratio was 20.67. On the profitability front, the trailing twelve-month gross margin is 30.60% percent. In the year ended June 29, EBITDA margin amounted to 10.38%, whereas operating margins totaled 5.50%. Based on annual data, CWH earned $2.26 billion in gross profit and brought in $6.97 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 15.10%. Return on equity (ROE) for the past 12 months was 25.50%.
In Camping World Holdings Inc.’s quarter-end financial report for June 29, it reported total debt of $1.52 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CWH’s revenue fell -14.1% to $1.49 billion during the quarter, while net income inched up to $1.9 billion. While analysts expected Camping World Holdings Inc. to report $0.78 quarterly earnings, the actual figure was $0.73 per share, beating the consensus estimate by -6.40%. During the quarter, the company generated $150.44 million in EBITDA. The liabilities of Camping World Holdings Inc. were 4.54 billion at the end of its most recent quarter ended June 29, and its total debt was $3.65 billion. The value of shareholders’ equity is $84.02 million.
Technical Picture
This quick technical analysis looks at Camping World Holdings Inc.’s (CWH) price momentum. With a historical volatility rate of 37.25%, the RSI 9-day stood at 45.26% on 31 August.
With respect to its five-day moving average, the current Camping World Holdings Inc. price is up by +4.37% percent or $1.07. At present, CWH shares trade -6.74% below its 20-day simple moving average and +18.76% percent above its 100-day simple moving average. However, the stock is currently trading approximately -9.71% below its SMA50 and -9.87% below its SMA200.
Stochastic coefficient K was 23.53% and Stochastic coefficient D was 24.56%, while ATR was 0.96. Given the Stochastic reading of 36.26% for the 14-day period, the RSI (14) reading has been calculated as 42.33%. As of today, the MACD Oscillator reading stands at -0.01, while the 14-day reading stands at -0.30.
Analyst Ratings
Citigroup launched its rating on Camping World Holdings Inc. (NYSE: CWH) to a Buy in a note to investors on Sep-01-23. Camping World Holdings Inc. (CWH) has been rated Buy by analysts. According to 0 brokerage firms, CWH is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Camping World Holdings Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $34.50, the current consensus forecast for the stock is $25.00 – $40.00. Based on these forecasts, analysts predict Camping World Holdings Inc. (CWH) will achieve an average price target of $33.70.
