Camping World Holdings Inc. (NYSE: CWH) stock jumped 1.11% on Tuesday to $26.32 against a previous-day closing price of $26.03. With 0.96 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.11 million shares. During the session, the Auto & Truck Dealerships company that operates in wider Consumer Cyclical sector, reached to the highest price of $26.39 whereas the lowest price it dropped to was $25.86. The 52-week range on CWH shows that it touched its highest point at $33.99 and its lowest point at $18.69 during that stretch. It currently has a 1-year price target of $27.78. With its current market cap of 2.25 billion, CWH has annualized dividend of $2.50 while the current yield stands at 9.50%. Beta for the stock currently stands at 2.58.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CWH was up-trending over the past week, with a rise of 2.77%, but this was up by 21.57% over a month. Three-month performance surged to 11.86% while six-month performance fell -4.43%. The stock gained 1.00% in the past year, while it has gained 17.92% so far this year. A look at the trailing 12-month EPS for CWH yields 2.24 with Next year EPS estimates of 2.34. For the next quarter, that number is 0.77. This implies an EPS growth rate of -47.00% for this year and 59.81% for next year. EPS is expected to grow by 34.70% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.50%.
Float and Shares Shorts:
At present, 44.45 million CWH shares are outstanding with a float of 38.56 million shares on hand for trading. On Apr 27, 2023, short shares totaled 7.44 million, which was 16.72% higher than short shares on Mar 30, 2023. In addition to Mr. Marcus A. Lemonis as the firm’s Chairman & CEO, Mr. Brent L. Moody serves as its Pres & Director.
Through their ownership of 72.30% of CWH’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 36.39% of CWH, in contrast to 27.04% held by mutual funds. Shares owned by individuals account for 25.93%. As the largest shareholder in CWH with 11.49% of the stake, Abrams Capital Management LP holds 5,108,808 shares worth 5,108,808. A second-largest stockholder of CWH, The Vanguard Group, Inc., holds 3,474,656 shares, controlling over 7.81% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in CWH, holding 2,392,069 shares or 5.38% stake. With a 2.93% stake in CWH, the Vanguard Total Stock Market ETF is the largest stakeholder. A total of 1,302,180 shares are owned by the mutual fund manager. The Fidelity Value Fund, which owns about 2.83% of CWH stock, is the second-largest Mutual Fund holder. It holds 1,256,800 shares valued at 28.14 million. Vanguard Small Cap Index Fund holds 2.35% of the stake in CWH, owning 1,044,410 shares worth 23.38 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, CWH reported revenue of $2.17B and operating income of $258.04M. The EBITDA in the recently reported quarter was $257.97M and diluted EPS was $2.01.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CWH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With CWH analysts setting a high price target of $34.00 and a low target of $25.00, the average target price over the next 12 months is $28.30. Based on these targets, CWH could surge 29.18% to reach the target high and fall by -5.02% to reach the target low. Reaching the average price target will result in a growth of 7.52% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Summary of Insider Activity:
Insiders traded CWH stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 2 while that of sell transactions has risen to 17 over the past year. The total number of shares bought during that period was 113,350 while 464,855 shares were sold.