Camping World Holdings Inc. [NYSE: CWH] stock went on an upward path that rose over 7.39% on Wednesday, amounting to a one-week price increase of more than 21.32%. The company report on May 3, 2022 that Camping World Holdings, Inc. Reports Record First Quarter Revenue and Second Strongest First Quarter Earnings Since Inception.
Camping World Holdings, Inc. (NYSE: CWH) (the “Company” or “CWH”), America’s Recreation Dealer, today reported results for the first quarter ended March 31, 2022.
Marcus Lemonis, Chairman and CEO of Camping World Holdings, Inc. stated, “I am pleased with how the year has started, particularly in light of general macroeconomic conditions. We know how to navigate when things change up or down. I’ve been reminded of the value of our nimbleness and I am very pleased with how our team pivots and adjusts to maximize profitability.”.
Over the last 12 months, CWH stock dropped by -33.29%. The one-year Camping World Holdings Inc. stock forecast points to a potential upside of 23.33. The average equity rating for CWH stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.54 billion, with 44.82 million shares outstanding and 36.54 million shares in the current float. Compared to the average trading volume of 1.60M shares, CWH stock reached a trading volume of 3864432 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Camping World Holdings Inc. [CWH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CWH shares is $39.78 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CWH stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
DA Davidson have made an estimate for Camping World Holdings Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 13, 2022. The new note on the price target was released on March 02, 2022, representing the official price target for Camping World Holdings Inc. stock. On September 17, 2021, analysts decreased their price target for CWH shares from 54 to 50.
The Average True Range (ATR) for Camping World Holdings Inc. is set at 1.57, with the Price to Sales ratio for CWH stock in the period of the last 12 months amounting to 0.37. The Price to Book ratio for the last quarter was 8.64, with the Price to Cash per share for the same quarter was set at 3.21.
CWH Stock Performance Analysis:
Camping World Holdings Inc. [CWH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.32. With this latest performance, CWH shares gained by 8.81% in over the last four-week period, additionally sinking by -21.37% over the last 6 months – not to mention a drop of -33.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CWH stock in for the last two-week period is set at 64.71, with the RSI for the last a single of trading hit 74.82, and the three-weeks RSI is set at 57.99 for Camping World Holdings Inc. [CWH]. The present Moving Average for the last 50 days of trading for this stock 28.67, while it was recorded at 27.38 for the last single week of trading, and 36.23 for the last 200 days.
Insight into Camping World Holdings Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Camping World Holdings Inc. [CWH] shares currently have an operating margin of +11.44 and a Gross Margin at +34.35. Camping World Holdings Inc.’s Net Margin is presently recorded at +4.03.
Return on Equity for this stock inclined to 301.31, with Return on Assets sitting at 7.17.
Camping World Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 1.40.
CWH Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CWH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Camping World Holdings Inc. go to 34.70%.
Camping World Holdings Inc. [CWH] Insider Position Details
There are presently around $1,060 million, or 88.60% of CWH stock, in the hands of institutional investors. The top three institutional holders of CWH stocks are: ABRAMS CAPITAL MANAGEMENT, L.P. with ownership of 5,108,808, which is approximately 0% of the company’s market cap and around 4.10% of the total institutional ownership; VANGUARD GROUP INC, holding 3,741,104 shares of the stock with an approximate value of $106.25 million in CWH stocks shares; and FMR LLC, currently with $99.15 million in CWH stock with ownership of nearly 41.848% of the company’s market capitalization.
Positions in Camping World Holdings Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 150 institutional holders increased their position in Camping World Holdings Inc. [NYSE:CWH] by around 5,753,928 shares. Additionally, 113 investors decreased positions by around 4,449,963 shares, while 40 investors held positions by with 27,113,140 shares. The mentioned changes placed institutional holdings at 37,317,031 shares, according to the latest SEC report filing. CWH stock had 51 new institutional investments in for a total of 1,173,365 shares, while 42 institutional investors sold positions of 2,090,410 shares during the same period.