Camping World (NYSE:CWH) Releases Earnings Results, Misses Expectations By $0.10 EPS

Camping World (NYSE:CWH) issued its quarterly earnings results on Tuesday. The company reported ($0.73) EPS for the quarter, missing analysts’ consensus estimates of ($0.63) by ($0.10), FiscalAI reports. Camping World had a negative net margin of 0.85% and a positive return on equity of 3.80%. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.16 billion.

Camping World Stock Performance

NYSE:CWH traded down $0.44 during midday trading on Tuesday, reaching $10.84. 3,732,219 shares of the company traded hands, compared to its average volume of 2,523,360. Camping World has a twelve month low of $9.49 and a twelve month high of $21.30. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.26 and a quick ratio of 0.27. The company has a fifty day moving average price of $11.90 and a 200 day moving average price of $13.65. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of -11.65 and a beta of 2.08.

Camping World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 15th were issued a $0.125 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.50 annualized dividend and a dividend yield of 4.6%. Camping World’s dividend payout ratio (DPR) is -53.76%.

Analysts Set New Price Targets

Several research firms have recently commented on CWH. Weiss Ratings reiterated a “sell (d)” rating on shares of Camping World in a research note on Monday, December 29th. Wall Street Zen raised shares of Camping World from a “sell” rating to a “hold” rating in a report on Sunday, February 8th. Citigroup reduced their price objective on shares of Camping World from $22.00 to $18.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Raymond James Financial decreased their price objective on shares of Camping World from $18.00 to $15.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Camping World from $22.00 to $19.00 and set an “overweight” rating for the company in a research report on Monday, November 3rd. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Camping World presently has an average rating of “Moderate Buy” and an average price target of $17.67.

Hedge Funds Weigh In On Camping World

Several hedge funds and other institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Camping World during the fourth quarter worth about $25,000. Quarry LP boosted its stake in Camping World by 2,275.8% during the 3rd quarter. Quarry LP now owns 1,568 shares of the company’s stock valued at $25,000 after purchasing an additional 1,502 shares during the period. Russell Investments Group Ltd. grew its position in Camping World by 923.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 5,539 shares of the company’s stock worth $87,000 after purchasing an additional 4,998 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Camping World during the third quarter valued at approximately $109,000. Finally, Oxford Asset Management LLP acquired a new position in shares of Camping World during the fourth quarter worth approximately $122,000. Institutional investors and hedge funds own 52.54% of the company’s stock.

About Camping World

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.