Insider Promoting: Tenting World Holdings, Inc. (NYSE:CWH) CFO Sells 16,953 Shares of Inventory

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Camping World Holdings, Inc. (NYSE:CWH – Get Rating) CFO Karin L. Bell sold 16,953 shares of the company’s shares in a transaction on Friday, September 16. The shares were sold at an average price of $30.08 for a total transaction of $509,946.24. Upon completion of the transaction, the Chief Financial Officer now owns 105,898 shares of the Company, valued at approximately $3,185,411.84. The transaction was disclosed in a filing with the Securities & Exchange Commission available at this link.

Camping World inventory up 1.9%

Camping World shares rose $0.55 on Monday afternoon to hit $28.92. The company’s shares had a trading volume of 666,918 shares compared to an average volume of 1,307,476. The company has a market cap of $2.41 billion, a P/E of 5.43 and a beta of 2.72. The company has a quick ratio of 0.27, a current ratio of 1.39 and a debt to equity ratio of 4.96. The stock has a 50-day simple moving average of $28.80 and a 200-day simple moving average of $27.61. Camping World Holdings, Inc. has a 1 year low of $20.85 and a 1 year high of $46.77.

Camping World (NYSE:CWH – Get Rating) last announced its earnings results on Tuesday, August 2nd. The company reported $1.97 per share for the quarter, beating the consensus estimate of $1.70 by $0.27. The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.03 billion. Camping World had a net margin of 3.31% and a return on equity of 87.92%. In the same quarter last year, the company was trading at $2.40 per share. As a group, sell-side analysts expect Camping World Holdings, Inc. to report year-to-date earnings per share of 4.39.

Camping World announces dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 29th. Stockholders of record on Wednesday, September 14 will receive a dividend of $0.625 per share. The ex-dividend date of this dividend is Tuesday September 13th. That equates to an annualized dividend of $2.50 and a yield of 8.64%. Camping World’s payout ratio is 47.26%.

Institutional trading by Camping World

Hedge funds have recently changed their stock holdings. Rise Advisors LLC acquired a new stake in Camping World stock valued at $28,000 during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new $28,000 stake in Camping World in the second quarter. Creative Financial Designs Inc. ADV acquired a new interest in Camping World stock valued at approximately $37,000 during the first quarter. EMC Capital Management increased its position in Camping World by 51.3% in the second quarter. EMC Capital Management now owns 2,023 shares of the company, valued at $44,000, having purchased an additional 686 shares during this period. Finally, during the first quarter, Prospera Financial Services Inc acquired a new position in Camping World valued at approximately $49,000. 38.15% of the shares are owned by institutional investors.

Analysts set new price targets

CWH has been the subject of a number of research analyst reports. Truist Financial lowered its target price on Camping World to $26.00 in a research report on Thursday, May 26. Monness Crespi & Hardt raised their price target on Camping World to $36.00 from $32.00 and announced the stock on Thursday 4th TheStreet issued a research note on shares of Camping World on Friday 12th August upgraded from a “c+” rating to a “b-” rating. Finally, Raymond James increased his price target on Camping World shares to $36.00 from $32.00 and gave the stock an outperform rating in a research report on Thursday, August 4. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Camping World has a consensus rating of Hold and an average target price of $37.50.

Company profile of Camping World

(received rating)

Camping World Holdings, Inc, through its subsidiaries, sells recreational vehicles (RVs) and related products and services. It operates through two segments, Good Sam Services and Plans; and RV and outdoor retail. The Company offers a portfolio of services, protection plans, products and resources in the RV industry.

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