Camping World Holdings Inc (NYSE:CWH) declared a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Monday, December 16th will be paid a dividend of 0.08 per share on Monday, December 30th. This represents a $0.32 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Friday, December 13th.
CWH stock traded up $0.77 during mid-day trading on Wednesday, reaching $13.28. The company had a trading volume of 1,046,621 shares, compared to its average volume of 862,973. The company has a quick ratio of 0.27, a current ratio of 1.38 and a debt-to-equity ratio of 79.52. The stock has a market capitalization of $1.06 billion, a P/E ratio of 11.86 and a beta of 3.23. Camping World has a one year low of $7.12 and a one year high of $18.00. The stock’s 50-day simple moving average is $10.70 and its two-hundred day simple moving average is $10.31.
Camping World (NYSE:CWH) last posted its earnings results on Thursday, November 7th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04). The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.32 billion. Camping World had a negative net margin of 1.27% and a negative return on equity of 14,187.62%. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.49 earnings per share. On average, research analysts forecast that Camping World will post -0.6 EPS for the current fiscal year.
Several equities research analysts have recently issued reports on CWH shares. Monness Crespi & Hardt reiterated a “buy” rating and set a $14.00 price target (down from $19.00) on shares of Camping World in a report on Thursday, August 8th. Zacks Investment Research cut Camping World from a “hold” rating to a “sell” rating in a research report on Monday, November 18th. Northcoast Research cut Camping World from a “buy” rating to a “neutral” rating in a research report on Thursday, August 15th. JPMorgan Chase & Co. cut Camping World from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $19.00 to $11.00 in a research report on Thursday, August 8th. Finally, Bank of America cut their price objective on Camping World from $10.00 to $7.00 and set an “underperform” rating for the company in a research report on Wednesday, September 4th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $12.95.
In other news, major shareholder Abrams Capital Management, L.P bought 47,682 shares of the company’s stock in a transaction dated Thursday, October 10th. The stock was bought at an average cost of $7.92 per share, for a total transaction of $377,641.44. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 49.40% of the company’s stock.
Camping World Company Profile
Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.
Featured Story: What is the LIBOR?
Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.