Camping World (NYSE:CWH) Releases Earnings Results, Hits Estimates

Camping World (NYSE:CWH - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.55) EPS for the quarter, meeting analysts' consensus estimates of ($0.55), Zacks reports. The business had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%.

Camping World Trading Down 1.1 %

NYSE:CWH traded down $0.21 during trading hours on Friday, hitting $19.45. The company had a trading volume of 1,317,680 shares, compared to its average volume of 1,260,033. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The company has a 50-day moving average of $22.03 and a 200 day moving average of $22.53. The company has a market cap of $1.65 billion, a P/E ratio of -28.19, a P/E/G ratio of 0.92 and a beta of 2.49. Camping World has a 1 year low of $17.29 and a 1 year high of $28.72.

Camping World Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be given a $0.125 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.57%. Camping World's dividend payout ratio (DPR) is presently -65.79%.

Wall Street Analyst Weigh In

CWH has been the subject of several recent analyst reports. StockNews.com raised shares of Camping World from a "sell" rating to a "hold" rating in a report on Thursday, November 14th. Bank of America started coverage on shares of Camping World in a research note on Thursday, December 19th. They issued a "buy" rating and a $30.00 price target on the stock. Finally, Truist Financial boosted their price objective on Camping World from $26.00 to $28.00 and gave the stock a "buy" rating in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Camping World presently has an average rating of "Moderate Buy" and a consensus price target of $27.71.

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Camping World Company Profile

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.