Brokerages expect that Camping World Holdings Inc (NYSE:CWH) will report $0.27 earnings per share for the current quarter, Zacks reports. Five analysts have provided estimates for Camping World’s earnings, with the lowest EPS estimate coming in at $0.25 and the highest estimate coming in at $0.29. Camping World reported earnings per share of $0.25 during the same quarter last year, which would indicate a positive year-over-year growth rate of 8%. The firm is expected to issue its next quarterly earnings results on Tuesday, February 26th.
On average, analysts expect that Camping World will report full-year earnings of $2.24 per share for the current year, with EPS estimates ranging from $2.05 to $2.50. For the next fiscal year, analysts forecast that the company will report earnings of $2.83 per share, with EPS estimates ranging from $2.20 to $3.30. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Camping World.
Camping World (NYSE:CWH) last posted its quarterly earnings data on Tuesday, November 6th. The company reported $0.49 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.62 by ($0.13). Camping World had a positive return on equity of 163.37% and a negative net margin of 0.42%. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the firm posted $0.76 earnings per share. The company’s quarterly revenue was up 6.2% on a year-over-year basis.
CWH has been the subject of a number of research reports. ValuEngine downgraded shares of Camping World from a “hold” rating to a “sell” rating in a research report on Monday, July 16th. Zacks Investment Research upgraded shares of Camping World from a “strong sell” rating to a “hold” rating in a research report on Monday, August 6th. Stephens restated a “buy” rating and set a $37.00 target price on shares of Camping World in a research report on Thursday, August 9th. Northcoast Research set a $28.00 target price on shares of Camping World and gave the company a “buy” rating in a research report on Wednesday, August 8th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Camping World from $42.00 to $36.00 and set an “overweight” rating for the company in a research report on Wednesday, August 15th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $37.92.
NYSE CWH opened at $17.03 on Wednesday. The firm has a market cap of $1.60 billion, a P/E ratio of 7.44, a price-to-earnings-growth ratio of 0.69 and a beta of 1.91. Camping World has a 1 year low of $16.40 and a 1 year high of $47.62. The company has a debt-to-equity ratio of 9.93, a current ratio of 1.43 and a quick ratio of 0.35.
In other news, President Brent L. Moody acquired 10,000 shares of the firm’s stock in a transaction on Friday, November 9th. The stock was acquired at an average price of $17.26 per share, for a total transaction of $172,600.00. Following the completion of the transaction, the president now owns 220,000 shares in the company, valued at approximately $3,797,200. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Marcus Lemonis acquired 25,000 shares of the firm’s stock in a transaction on Friday, September 14th. The stock was purchased at an average price of $19.74 per share, with a total value of $493,500.00. The disclosure for this purchase can be found here. Insiders have purchased 40,700 shares of company stock valued at $766,363 over the last 90 days. 49.20% of the stock is currently owned by insiders.
Several institutional investors have recently modified their holdings of the business. Abrams Capital Management L.P. acquired a new position in shares of Camping World in the third quarter worth about $49,635,000. Elk Creek Partners LLC raised its position in shares of Camping World by 11.5% in the third quarter. Elk Creek Partners LLC now owns 619,826 shares of the company’s stock worth $13,215,000 after acquiring an additional 63,823 shares during the period. Rafferty Asset Management LLC acquired a new position in shares of Camping World in the third quarter worth about $317,000. BlackRock Inc. raised its position in shares of Camping World by 1.1% in the third quarter. BlackRock Inc. now owns 2,161,974 shares of the company’s stock worth $46,095,000 after acquiring an additional 24,524 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Camping World by 2.2% in the third quarter. Bank of New York Mellon Corp now owns 188,408 shares of the company’s stock worth $4,017,000 after acquiring an additional 3,977 shares during the period. Institutional investors and hedge funds own 54.41% of the company’s stock.
Camping World Company Profile
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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