Equities research analysts expect Camping World Holdings Inc (NYSE:CWH) to post $0.72 earnings per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Camping World’s earnings. The highest EPS estimate is $1.02 and the lowest is $0.61. Camping World reported earnings of $0.77 per share in the same quarter last year, which would suggest a negative year over year growth rate of 6.5%. The business is expected to announce its next quarterly earnings report on Thursday, November 8th.
On average, analysts expect that Camping World will report full-year earnings of $2.36 per share for the current financial year, with EPS estimates ranging from $2.24 to $2.75. For the next financial year, analysts expect that the business will report earnings of $3.08 per share, with EPS estimates ranging from $2.70 to $3.30. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that cover Camping World.
Camping World (NYSE:CWH) last announced its earnings results on Tuesday, August 7th. The company reported $0.96 EPS for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.10). Camping World had a negative net margin of 0.30% and a positive return on equity of 211.54%. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.48 billion.
CWH has been the subject of a number of research reports. ValuEngine cut shares of Camping World from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 25th. Zacks Investment Research cut shares of Camping World from a “hold” rating to a “strong sell” rating in a report on Thursday, September 6th. JPMorgan Chase & Co. reduced their target price on shares of Camping World from $42.00 to $36.00 and set an “overweight” rating for the company in a report on Wednesday, August 15th. Credit Suisse Group set a $42.00 target price on shares of Camping World and gave the company a “buy” rating in a report on Tuesday, June 12th. Finally, Northcoast Research set a $28.00 target price on shares of Camping World and gave the company a “buy” rating in a report on Wednesday, August 8th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $39.58.
In other news, CEO Marcus Lemonis purchased 25,000 shares of the business’s stock in a transaction that occurred on Friday, September 14th. The stock was purchased at an average cost of $19.74 per share, with a total value of $493,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 49.20% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rothschild Asset Management Inc. raised its holdings in Camping World by 2.8% during the second quarter. Rothschild Asset Management Inc. now owns 517,128 shares of the company’s stock worth $12,918,000 after purchasing an additional 14,161 shares in the last quarter. State of Wisconsin Investment Board acquired a new position in Camping World during the second quarter worth about $4,496,000. Carillon Tower Advisers Inc. grew its position in Camping World by 42.4% during the second quarter. Carillon Tower Advisers Inc. now owns 1,331,687 shares of the company’s stock worth $33,265,000 after buying an additional 396,306 shares during the period. Sei Investments Co. grew its position in Camping World by 11.1% during the first quarter. Sei Investments Co. now owns 140,079 shares of the company’s stock worth $4,518,000 after buying an additional 13,995 shares during the period. Finally, Strs Ohio grew its position in Camping World by 32.2% during the second quarter. Strs Ohio now owns 525,000 shares of the company’s stock worth $13,114,000 after buying an additional 127,800 shares during the period. 54.86% of the stock is owned by hedge funds and other institutional investors.
Shares of NYSE:CWH traded up $1.35 on Monday, reaching $21.26. The company’s stock had a trading volume of 3,807,800 shares, compared to its average volume of 1,614,483. Camping World has a 52-week low of $18.16 and a 52-week high of $47.62. The company has a debt-to-equity ratio of 9.93, a quick ratio of 0.35 and a current ratio of 1.43. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 9.08, a PEG ratio of 0.69 and a beta of 1.55.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 14th will be issued a dividend of $0.08 per share. The ex-dividend date is Thursday, September 13th. This represents a $0.32 annualized dividend and a yield of 1.51%. Camping World’s dividend payout ratio is currently 13.97%.
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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