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.
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.
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.