Camping World Holdings Inc (CWH) Shares Plummet Below 1-Year High

Camping World Holdings Inc (NYSE: CWH)’s stock price has decreased by -3.49 compared to its previous closing price of 21.76. However, the company has seen a -13.04% decrease in its stock price over the last five trading sessions. businesswire.com reported 2024-11-22 that LINCOLNSHIRE, Ill.–(BUSINESS WIRE)–Camping World Holdings, Inc. (NYSE: CWH) (the “Company” or “Camping World”) announced today that its Board of Directors declared a regular cash dividend of $0.125 per share on the Company’s Class A Common Stock. Payment is expected to be made on December 30, 2024 to stockholders of record at the close of business on December 13, 2024. Future declarations of quarterly dividends are subject to the determination and discretion of Camping World’s Board of Direct.

Is It Worth Investing in Camping World Holdings Inc (NYSE: CWH) Right Now?

The 36-month beta value for CWH is at 2.50. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for CWH is 56.73M, and currently, shorts hold a 10.86% of that float. The average trading volume for CWH on December 19, 2024 was 1.44M shares.

CWH’s Market Performance

The stock of Camping World Holdings Inc (CWH) has seen a -13.04% decrease in the past week, with a -7.53% drop in the past month, and a -14.36% fall in the past quarter. The volatility ratio for the week is 5.27%, and the volatility levels for the past 30 days are at 4.05% for CWH. The simple moving average for the past 20 days is -11.38% for CWH’s stock, with a -5.50% simple moving average for the past 200 days.

Analysts’ Opinion of CWH

Many brokerage firms have already submitted their reports for CWH stocks, with Raymond James repeating the rating for CWH by listing it as a “Outperform.” The predicted price for CWH in the upcoming period, according to Raymond James is $27 based on the research report published on October 30, 2024 of the current year 2024.

Monness Crespi & Hardt, on the other hand, stated in their research note that they expect to see CWH reach a price target of $30, previously predicting the price at $24. The rating they have provided for CWH stocks is “Buy” according to the report published on September 27th, 2024.

ROTH MKM gave a rating of “Buy” to CWH, setting the target price at $26 in the report published on August 05th of the current year.

CWH Trading at -8.77% from the 50-Day Moving Average

After a stumble in the market that brought CWH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.88% of loss for the given period.

Volatility was left at 4.05%, however, over the last 30 days, the volatility rate increased by 5.27%, as shares sank -7.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.97% lower at present.

During the last 5 trading sessions, CWH fell by -13.04%, which changed the moving average for the period of 200-days by -26.39% in comparison to the 20-day moving average, which settled at $23.70. In addition, Camping World Holdings Inc saw -20.03% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CWH starting from ABRAMS CAPITAL MANAGEMENT, L.P, who sale 2,000,000 shares at the price of $23.90 back on Sep 27 ’24. After this action, ABRAMS CAPITAL MANAGEMENT, L.P now owns 3,108,808 shares of Camping World Holdings Inc, valued at $47,800,000 using the latest closing price.

ML Acquisition Company, LLC, the Officer of Camping World Holdings Inc, proposed sale 121,450 shares at $21.72 during a trade that took place back on Sep 11 ’24, which means that ML Acquisition Company, LLC is holding shares at $2,637,803 based on the most recent closing price.

Stock Fundamentals for CWH

Current profitability levels for the company are sitting at:

  • 0.03 for the present operating margin
  • 0.29 for the gross margin

The net margin for Camping World Holdings Inc stands at -0.02. The total capital return value is set at 0.06. Equity return is now at value -18.54, with -0.51 for asset returns.

Based on Camping World Holdings Inc (CWH), the company’s capital structure generated 0.96 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 24.04. The interest coverage ratio of the stock is 0.71.

Currently, EBITDA for the company is 336.39 million with net debt to EBITDA at 14.84. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 26.09for trailing twelve months and the total asset turnover is 1.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.

Conclusion

In conclusion, Camping World Holdings Inc (CWH) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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