$0.23 EPS Expected for Camping World Holdings Inc (CWH) This Quarter

Equities research analysts expect Camping World Holdings Inc (NYSE:CWH) to post earnings per share (EPS) of $0.23 for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Camping World’s earnings. The lowest EPS estimate is $0.20 and the highest is $0.26. Camping World reported earnings per share of $0.14 in the same quarter last year, which suggests a positive year over year growth rate of 64.3%. The firm is expected to announce its next earnings results on Wednesday, March 14th.

On average, analysts expect that Camping World will report full-year earnings of $2.29 per share for the current financial year, with EPS estimates ranging from $2.25 to $2.31. For the next year, analysts expect that the firm will post earnings of $2.51 per share, with EPS estimates ranging from $2.23 to $3.14. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Camping World.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. Camping World had a return on equity of 116.85% and a net margin of 1.20%. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the firm earned $0.53 EPS. The company’s quarterly revenue was up 25.0% compared to the same quarter last year.

CWH has been the subject of a number of research analyst reports. Zacks Investment Research lowered Camping World from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. ValuEngine upgraded Camping World from a “hold” rating to a “buy” rating in a report on Tuesday, October 10th. Bank of America increased their target price on Camping World from $48.00 to $49.00 and gave the company a “buy” rating in a report on Tuesday, November 14th. Monness Crespi & Hardt restated a “buy” rating and issued a $55.00 target price (up previously from $47.00) on shares of Camping World in a report on Monday. Finally, Stephens increased their target price on Camping World from $44.00 to $50.00 and gave the company an “overweight” rating in a report on Monday, October 30th. One analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $46.54.

Shares of Camping World (NYSE:CWH) opened at $44.75 on Monday. The stock has a market capitalization of $3,928.71, a price-to-earnings ratio of 21.11, a PEG ratio of 1.09 and a beta of 4.15. Camping World has a 1-year low of $26.30 and a 1-year high of $47.62. The company has a quick ratio of 0.29, a current ratio of 1.29 and a debt-to-equity ratio of 2.74.

In other Camping World news, insider Roger L. Nuttall sold 33,555 shares of the stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $45.78, for a total transaction of $1,536,147.90. Following the transaction, the insider now directly owns 156,055 shares of the company’s stock, valued at $7,144,197.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Brent L. Moody sold 100,000 shares of the stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $45.47, for a total transaction of $4,547,000.00. Following the transaction, the insider now directly owns 193,494 shares in the company, valued at $8,798,172.18. The disclosure for this sale can be found here. Corporate insiders own 66.60% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. Legal & General Group Plc increased its position in Camping World by 6.7% during the second quarter. Legal & General Group Plc now owns 3,353 shares of the company’s stock worth $103,000 after buying an additional 211 shares during the last quarter. Sawgrass Asset Management LLC acquired a new position in Camping World during the third quarter worth $203,000. Scotia Capital Inc. acquired a new position in Camping World during the second quarter worth $273,000. Invictus RG acquired a new position in Camping World during the third quarter worth $302,000. Finally, Capco Asset Management LLC acquired a new position in Camping World during the third quarter worth $306,000. 33.98% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: This story was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this story on another publication, it was stolen and republished in violation of United States and international trademark & copyright laws. The original version of this story can be accessed at https://www.dispatchtribunal.com/2018/02/01/0-23-eps-expected-for-camping-world-holdings-inc-cwh-this-quarter.html.

About Camping World

Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including 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.

Get a free copy of the Zacks research report on Camping World (CWH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply