Camping World Holdings CEO Sells 100K Shares
The following is a report from MarketBeat.
Camping World Holdings CEO Marcus Lemonis sold 100,000 shares of Camping World stock in a transaction that occurred on Friday, March 15. The shares were sold at an average price of $25.63, for a total value of $2,563,000.00. Following the completion of the transaction, the chief executive officer now owns 405,268 shares in the company, valued at $10,387,018.84. The sale was disclosed in a document filed with the SEC, which is available here.
Camping World Price Performance
Shares of Camping World stock traded down $0.21 during trading on Tuesday, reaching $25.00. 1,015,535 shares of the stock traded hands, compared to its average volume of 947,888. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 48.08 and a beta of 2.61. The business has a 50 day simple moving average of $25.80 and a 200 day simple moving average of $22.97. The company has a debt-to-equity ratio of 7.55, a current ratio of 1.21 and a quick ratio of 0.16. Camping World Holdings has a 52-week low of $16.18 and a 52-week high of $32.88.
Camping World last released its quarterly earnings results on Wednesday, February 21. The company reported ($0.53) EPS for the quarter, topping the consensus estimate of ($0.59) by $0.06. Camping World had a return on equity of 16.62% and a net margin of 0.50%. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business posted ($0.33) earnings per share. The firm’s revenue was down 13.4% on a year-over-year basis. Sell-side analysts expect that Camping World Holdings will post 1.06 EPS for the current year.
Camping World Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 29. Stockholders of record on Thursday, March 14 will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend is Wednesday, March 13. Camping World’s dividend payout ratio is presently 96.16%.
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