Equities analysts expect that Camping World Holdings Inc (NYSE:CWH) will post earnings of $1.02 per share for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Camping World’s earnings, with the lowest EPS estimate coming in at $0.90 and the highest estimate coming in at $1.16. Camping World reported earnings of $0.84 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 21.4%. The firm is expected to report its next earnings results on Thursday, August 9th.
On average, analysts expect that Camping World will report full year earnings of $2.79 per share for the current fiscal year, with EPS estimates ranging from $2.54 to $2.98. For the next financial year, analysts expect that the company will post earnings of $3.26 per share, with EPS estimates ranging from $3.05 to $3.37. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Camping World.
Camping World (NYSE:CWH) last released its earnings results on Tuesday, May 8th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Camping World had a positive return on equity of 165.19% and a negative net margin of 0.50%. The firm’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.38 EPS.
A number of research firms have recently weighed in on CWH. BMO Capital Markets cut their price target on shares of Camping World from $62.00 to $42.00 and set an “outperform” rating on the stock in a report on Wednesday, May 9th. ValuEngine downgraded shares of Camping World from a “strong-buy” rating to a “buy” rating in a report on Thursday, April 12th. Credit Suisse Group cut their price target on shares of Camping World from $52.00 to $42.00 and set an “outperform” rating on the stock in a report on Wednesday, May 9th. KeyCorp cut their price target on shares of Camping World from $52.00 to $38.00 and set an “overweight” rating on the stock in a report on Wednesday, May 9th. Finally, Robert W. Baird cut their price target on shares of Camping World from $52.00 to $35.00 and set an “in-line” rating on the stock in a report on Wednesday, May 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $43.67.
Camping World stock opened at $24.14 on Monday. The firm has a market cap of $2.12 billion, a PE ratio of 10.54, a price-to-earnings-growth ratio of 0.67 and a beta of 2.20. The company has a current ratio of 1.47, a quick ratio of 0.38 and a debt-to-equity ratio of 13.09. Camping World has a 1-year low of $18.16 and a 1-year high of $47.62.
The company also recently announced a quarterly dividend, which was paid on Friday, June 29th. Investors of record on Friday, June 15th were issued a $0.08 dividend. The ex-dividend date was Thursday, June 14th. This represents a $0.32 annualized dividend and a yield of 1.33%. Camping World’s dividend payout ratio (DPR) is presently 13.97%.
In other news, Director Kent Dillon Schickli bought 25,000 shares of the company’s stock in a transaction that occurred on Thursday, May 24th. The shares were purchased at an average price of $19.96 per share, for a total transaction of $499,000.00. Following the acquisition, the director now directly owns 37,974 shares of the company’s stock, valued at approximately $757,961.04. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Marcus Lemonis bought 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 14th. The stock was purchased at an average price of $21.29 per share, for a total transaction of $212,900.00. The disclosure for this purchase can be found here. Insiders purchased a total of 48,000 shares of company stock worth $997,280 in the last quarter. Insiders own 49.20% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC acquired a new stake in Camping World in the 4th quarter worth $216,000. Caxton Associates LP acquired a new stake in Camping World in the 4th quarter worth $224,000. Guggenheim Capital LLC acquired a new stake in Camping World in the 4th quarter worth $227,000. WINTON GROUP Ltd acquired a new stake in Camping World in the 1st quarter worth $228,000. Finally, Virtu Financial LLC acquired a new stake in Camping World in the 4th quarter worth $324,000. Institutional investors own 44.69% of the company’s stock.
About Camping World
Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co-branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories.
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