Raymond James has recently raised Camping World Holdings Inc (CWH) stock to Outperform rating, as announced on October 30, 2024, according to Finviz. Earlier, on September 27, 2024, Monness Crespi & Hardt had reiterated the stock to Buy, setting a price target of $30 for CWH stock. ROTH MKM also reiterated Buy rating with a price target of $26. Additionally, Monness Crespi & Hardt reiterated Buy rating on June 26, 2024, with a target price of $24. Stephens analysts, in their report published on January 18, 2024, also reiterated Overweight rating and set a price target of $28 for Camping World Holdings Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Camping World Holdings Inc (CWH) Stock Trading Recap
On Tuesday, Camping World Holdings Inc (CWH) stock saw a modest uptick, ending the day at $21.91 which represents a slight increase of $1.33 or 6.46% from the prior close of $20.58. The stock opened at $20.59 and touched a low of $20.54 during the day, reaching a high of $21.91. The volume of shares traded was 2.75 million exceeding the average volume of 1.24 million.
CWH Stock Performance and Moving Averages
In recent trading, Camping World Holdings Inc (CWH) stock price has shown some volatility, fluctuating -4.28% over the last five trades and -4.90% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 7.93%, and it has gained 12.36% in the previous three months. Currently, CWH is trading at -0.77%, -3.61%, and -2.79% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, CWH, a Consumer Cyclical sector stock, is trading -23.71% below its 52-week high but remains 26.72% above its 52-week low. The Average True Range (ATR) (14 days) of 1.11 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Camping World Holdings Inc’s Profitability and Valuation Ratios
Camping World Holdings Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 2.89% and a profit margin of -0.40%, with a gross margin of 7.93%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Camping World Holdings Inc’s market capitalization stands at $2.18 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 24.06. Additionally, the Price-to-Sales Ratio is 0.36, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 9.21, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 7.54% of Camping World Holdings Inc (CWH)’s shares, while financial institutions hold 88.84%.
Notable insider trades include ABRAMS CAPITAL MANAGEMENT, L.P, Former 10% Owner at Camping World Holdings Inc (CWH), who sold 2000000 shares on Sep 27 ’24, at $23.9 each, totaling $47.80 million. On Sep 13 ’24, LEMONIS MARCUS, CHIEF EXECUTIVE OFFICER, sold 125000 shares for $22.84 each, amounting to $2.86 million. Additionally, on Sep 12 ’24, LEMONIS MARCUS sold 125000 shares at $22.02 each, generating $2.75 million.
