In the most recent three years, Camping World has met its obligation to its shareholders by raising the dividend it pays annually by an average of 34.2%. Profits properly cover the dividend according to Camping World’s payout ratio of 67.9%, which indicates that the company is doing well enough to pay dividends. However, with a prospective payout ratio of 105.5%, analysts anticipate that Camping World will earn $2.37 per share in 2019, which indicates that the firm may be unable to fund its annual dividend payment of $2.50 if it maintains its current payout ratio.
On Tuesday, CWH started trading at $27.29 per share. The stock carries a P/E ratio of 6.01 and a beta value of 2.60. The market capitalization of the company is $2.28 billion. The ratio of debt to equity is 4.40, the ratio of current assets to current liabilities is 1.42, and the ratio of quick assets to current liabilities is 0.25. The moving average for the company over the past fifty days is $26.93, and the moving average for the past 200 days is $27.07. The stock price of Camping World has ranged from $20.85 up to $46.77 during the past year.
The most recent quarterly earnings report for Camping World (NYSE: CWH) was released on November 1. The company had a net income of $0.93 per share during the third quarter, which was $0.19 less than the consensus expectation of $1.12 that industry analysts had provided. . The return on equity for Camping World was 65.79%, and the net margin for the company was 2.79%. The revenue for the quarter came in at $1.86 billion, which is significantly more than the average expectation of $1.82 billion from analysts. According to the findings of equity research analysts, Camping World will have $3.94 per share in 2018.
Several analysts who conduct equity analysis have provided recent commentary on the stock. JPMorgan Chase & Co. lowered their price target on Camping World shares from $46.00 to $37.00 and gave the company an “overweight” rating in a report released on Thursday, November 3. A research note published by StockNews.com on October 12 marked the beginning of that website’s coverage of shares issued by Camping World. They recommend that investors “hold on” to the shares. Raymond James lowered their price target for Camping World from $36.00 to $20.00 and rated the company “outperform” in a research note published on Thursday, November 3. Trust Financial lowered its price target on Camping World from $30.00 to $25.00 and assigned the stock a “ hold” rating in a research note published on Friday, September 23. The report was issued.
Last but not least, in a research study released on Friday, August 12, The Street improved Camping World from a rating of “c+” to a rating of “b-.” In addition, five equities research analysts advise investors to keep the stock in their portfolios, while only three say they should acquire it. According to Bloomberg, the consensus recommendation for Camping World stock is “Hold,” the objective price is set at $32.83 a share.
In other information concerning Camping World, Chief Financial Officer Karin L. Bell sold 16,953 shares of the company’s stock on Friday, September 16. At an average price of $30.08 per share, the stock could bring in a total of 509,946.24 dollars when sold. The firm’s chief financial officer currently has 105,898 shares of the company’s stock, valued at roughly 3,185,411.84 dollars. You can learn more about the transaction by following the link in the previous sentence, which takes you to a document submitted to the Securities and Exchange Commission. There are 47.50% of the company’s shares held privately.
Institutional investors and hedge funds have recently been active in the company’s stock market, buying and selling shares. During the third quarter, Balyasny Asset Management LLC made a 173.7% increase in the investment it already held in Camping World. Following the acquisition of 31,910 additional shares over the time frame in question, Balyasny Asset Management LLC now holds a total of 50,277 shares of the company’s stock, which has a value of $1,273,000. In addition, Mercer Global Advisors Inc. (ADV) added 12.9% more stock to its existing position in Camping World during the third quarter. Mercer Global Advisors, Inc. It grew its holdings during the most recent quarter by buying an additional 1,945 shares. As a result, ADV now owns 17,055 shares of the company’s stock, which are valued at $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, $432,000, The Camping World holdings that Vanguard Group Inc. manages went up by 0.8% during the third quarter. Vanguard Group Inc. now owns 3,485,467 shares of the company’s stock, valued at $88,251,000 following the acquisition of an additional 28,282 shares during the period in question. During the third quarter, Price T. Rowe Associates Inc. (MD) boosted the percentage of Camping World stock owned by 35.4%. As a result of the acquisition of 3,561 additional shares during the time frame in question, Price T. Rowe Associates Inc., MD, now holds 13,632 shares of the company’s stock, which has a value of $346,000. Last but not least, during the third quarter, Ensign Peak Advisors Inc. purchased a new position in Camping World that was valued at around $70,000. Institutional investors and hedge funds own 38.15% of the company’s stock.