Camping World (NYSE:CWH - Get Free Report) will announce its earnings results after the market closes on Monday, October 28th. Analysts expect the company to announce earnings of $0.07 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.10). The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.87 billion. Camping World had a negative net margin of 0.22% and a negative return on equity of 10.04%. Camping World's quarterly revenue was down 5.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.60 earnings per share. On average, analysts expect Camping World to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Camping World Stock Performance
Shares of NYSE CWH traded down $0.02 during midday trading on Tuesday, hitting $21.27. 1,376,647 shares of the stock traded hands, compared to its average volume of 968,633. The firm has a 50-day moving average of $22.65 and a two-hundred day moving average of $21.29. The firm has a market capitalization of $1.80 billion, a P/E ratio of -533.75 and a beta of 2.47. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.19 and a current ratio of 1.19. Camping World has a one year low of $16.18 and a one year high of $28.72.
Camping World Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Friday, September 13th were issued a $0.125 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.35%. Camping World's dividend payout ratio is currently -1,250.00%.
Insider Activity
In other news, CEO Marcus Lemonis sold 125,000 shares of the firm's stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $22.84, for a total transaction of $2,855,000.00. Following the completion of the transaction, the chief executive officer now owns 155,268 shares in the company, valued at $3,546,321.12. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 43.80% of the company's stock.
Analyst Ratings Changes
A number of brokerages recently commented on CWH. Monness Crespi & Hardt raised their target price on Camping World from $24.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, September 27th. KeyCorp decreased their target price on Camping World from $26.00 to $25.00 and set an "overweight" rating on the stock in a report on Friday, August 2nd. Truist Financial raised their target price on Camping World from $26.00 to $28.00 and gave the stock a "buy" rating in a report on Friday, September 20th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $24.00 price target (down previously from $25.00) on shares of Camping World in a research note on Monday. Finally, Roth Mkm cut their price target on Camping World from $28.00 to $26.00 and set a "buy" rating for the company in a research note on Monday, August 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $27.29.
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Camping World Company Profile
(
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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.
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