Camping World Holdings Inc (NYSE: CWH) stock jumped 1.30% on Monday to $21.88 against a previous-day closing price of $21.60. With 0.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.1 million shares. During the session, the Auto & Truck Dealerships company that operates in wider Consumer Cyclical sector, reached to the highest price of $21.90 whereas the lowest price it dropped to was $21.26. The 52-week range on CWH shows that it touched its highest point at $32.88 and its lowest point at $16.18 during that stretch. It currently has a 1-year price target of $26.00. With its current market cap of 979.79 million, CWH has annualized dividend of $0.95 while the current yield stands at 4.36%. Beta for the stock currently stands at 2.73.
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 15.04%, but this was up by 27.14% over a month. Three-month performance dropped to -13.55% while six-month performance fell -15.94%. The stock lost -19.17% in the past year, while it has lost -1.97% so far this year. A look at the trailing 12-month EPS for CWH yields 0.23 with Next year EPS estimates of 1.40. For the next quarter, that number is -0.53. This implies an EPS growth rate of -83.95% for this year and 109.32% 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 23.47%.
Float and Shares Shorts:
At present, 42.44 million CWH shares are outstanding with a float of 40.95 million shares on hand for trading. On Oct 30, 2023, short shares totaled 5.05 million, which was 11.27% higher than short shares on Sep 28, 2023. In addition to Mr. Marcus A. Lemonis as the firm’s Chairman & CEO, Mr. Brent L. Moody serves as its President & Director.
Institutional Ownership:
Through their ownership of 72.82% of CWH’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 42.36% of CWH, in contrast to 28.76% held by mutual funds. Shares owned by individuals account for 26.17%. As the largest shareholder in CWH with 11.47% 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 3,798,207 shares, controlling over 8.53% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in CWH, holding 2,552,067 shares or 5.73% stake. With a 3.21% stake in CWH, the American Funds Small Cap World Fu is the largest stakeholder. A total of 1,429,309 shares are owned by the mutual fund manager. The Vanguard Total Stock Market ETF, which owns about 2.92% of CWH stock, is the second-largest Mutual Fund holder. It holds 1,302,180 shares valued at 21.81 million. Fidelity Value Fund holds 2.58% of the stake in CWH, owning 1,147,600 shares worth 19.22 million.
Analysts Ratings:
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 $35.00 and a low target of $19.00, the average target price over the next 12 months is $26.00. Based on these targets, CWH could surge 59.96% to reach the target high and fall by -13.16% to reach the target low. Reaching the average price target will result in a growth of 18.83% from current levels.
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 7 while that of sell transactions has risen to 10 over the past year. The total number of shares bought during that period was 136,200 while 412,752 shares were sold.
