Camping World Holdings Inc (NYSE:CWH) price on Friday, January 17, fall -1.12% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $22.92.
A look at the stock’s price movement, the close in the last trading session was $23.18, moving within a range at $22.65 and $23.445. The beta value (5-Year monthly) was 2.517. Turning to its 52-week performance, $28.72 and $17.29 were the 52-week high and 52-week low respectively. Overall, CWH moved 5.23% over the past month.
Camping World Holdings Inc’s market cap currently stands at around $2.28 billion, with investors looking forward to this quarter’s earnings report slated for in February. The company has a Forward Dividend ratio of 0.50, with its dividend yield at 2.18%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 1.13B for the company’s revenue for the quarter, with a low and high estimate of 1.08B and 1.19B respectively. The average forecast suggests up to a 2.14% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 6.03B, representing a -3.22% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CWH is a 50% Sell. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 5 recommend CWH as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CWH’s current price about 6.52% and 0.47% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 56.34, while 7-day volatility ratio is 4.16% and 4.63% in the 30-day chart. Further, Camping World Holdings Inc (CWH) has a beta value of 2.52, and an average true range (ATR) of 1.03. Analysts have given the company’s stock an average 52-week price target of $27, forecast between a low of $27 and high of $27. Looking at the price targets, the low is -17.8% off current price level while to achieve the yearly target high, price needs to move -17.8%. Nonetheless, investors will most likely welcome a -17.8% jump to $27 which is the analysts’ median price.
If we refocus on Camping World Holdings Inc (NYSE:CWH), historical trading data shows that trading volumes averaged 1.42 over the past 10 days and 1.60 million over the past 3 months. The company’s latest data on shares outstanding shows there are 60.13 million shares.
The 5.62% of Camping World Holdings Inc’s shares are in the hands of company insiders while institutional holders own 72.67% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.64 million on 2024-12-31, giving us a short ratio of 5.4. The data shows that as of 2024-12-31 short interest in Camping World Holdings Inc (CWH) stood at 1279.0 of shares outstanding, with shares short rising to 6.16 million registered in 2024-11-29. Current price change has pushed the stock 8.73% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CWH stock continues to rise going into the next quarter.
