Brokerages expect Camping World Holdings Inc (NYSE:CWH) to post $0.23 earnings per share (EPS) for the current quarter, according to Zacks. Five analysts have made estimates for Camping World’s earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.26. Camping World reported earnings of $0.14 per share during the same quarter last year, which indicates a positive year over year growth rate of 64.3%. The company is expected to issue its next quarterly earnings report on Wednesday, March 14th.
According to Zacks, analysts expect that Camping World will report full-year earnings of $2.29 per share for the current year, with EPS estimates ranging from $2.25 to $2.31. For the next year, analysts expect that the company will report earnings of $2.51 per share, with EPS estimates ranging from $2.23 to $3.14. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Camping World.
Camping World (NYSE:CWH) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.77 EPS for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.11. Camping World had a return on equity of 116.85% and a net margin of 1.20%. The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the company earned $0.53 earnings per share. The business’s revenue for the quarter was up 25.0% on a year-over-year basis.
CWH has been the topic of a number of recent analyst reports. Robert W. Baird reiterated a “buy” rating and issued a $50.00 price objective on shares of Camping World in a research report on Friday, December 22nd. Northcoast Research initiated coverage on Camping World in a research report on Friday, January 26th. They issued a “buy” rating and a $56.00 price objective on the stock. ValuEngine downgraded Camping World from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research downgraded Camping World from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Finally, Monness Crespi & Hardt reiterated a “buy” rating and issued a $55.00 price objective (up previously from $47.00) on shares of Camping World in a research report on Monday, January 29th. One research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $46.54.
Camping World (NYSE:CWH) traded down $2.02 during trading on Monday, hitting $40.13. The stock had a trading volume of 641,381 shares, compared to its average volume of 493,283. Camping World has a 52-week low of $26.30 and a 52-week 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. The company has a market capitalization of $3,680.00 and a price-to-earnings ratio of 20.79.
In other Camping World news, insider Roger L. Nuttall sold 33,555 shares of the firm’s stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $45.78, for a total transaction of $1,536,147.90. Following the sale, the insider now owns 156,055 shares in the company, valued at $7,144,197.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brent L. Moody sold 100,000 shares of the firm’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $45.47, for a total value of $4,547,000.00. Following the sale, the insider now owns 193,494 shares in the company, valued at approximately $8,798,172.18. The disclosure for this sale can be found here. Company insiders own 66.60% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Legal & General Group Plc increased its holdings in shares of Camping World by 6.7% in 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 period. Sawgrass Asset Management LLC purchased a new position in shares of Camping World in the third quarter worth about $203,000. Quantitative Systematic Strategies LLC purchased a new position in shares of Camping World in the fourth quarter worth about $269,000. Scotia Capital Inc. purchased a new position in shares of Camping World in the second quarter worth about $273,000. Finally, Invictus RG purchased a new position in shares of Camping World in the third quarter worth about $302,000. Institutional investors and hedge funds own 33.99% of the company’s stock.
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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.
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