Zacks: Analysts Anticipate Camping World Holdings, Inc. (NYSE:CWH) to Announce $1.70 Earnings Per Share

Analysts predict that Camping World Holdings, Inc. (NYSE:CWHGet Rating) will report $1.70 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Camping World’s earnings. The highest EPS estimate is $1.97 and the lowest is $1.14. Camping World reported earnings of $2.51 per share in the same quarter last year, which indicates a negative year over year growth rate of 32.3%. The company is scheduled to announce its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Camping World will report full-year earnings of $4.98 per share for the current fiscal year, with EPS estimates ranging from $3.73 to $5.87. For the next fiscal year, analysts expect that the company will post earnings of $4.28 per share, with EPS estimates ranging from $2.22 to $5.22. Zacks’ EPS calculations are an average based on a survey of research analysts that cover Camping World.

Camping World (NYSE:CWHGet Rating) last released its quarterly earnings results on Tuesday, May 3rd. The company reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.33 by ($0.18). Camping World had a net margin of 3.72% and a return on equity of 109.12%. The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the previous year, the business earned $1.40 EPS. The business’s revenue was up 6.7% on a year-over-year basis.

Several brokerages recently issued reports on CWH. Zacks Investment Research raised Camping World from a “sell” rating to a “hold” rating in a research note on Tuesday, May 3rd. Robert W. Baird decreased their price target on shares of Camping World from $56.00 to $40.00 in a research note on Thursday, February 24th. Raymond James decreased their target price on shares of Camping World from $45.00 to $40.00 in a research note on Wednesday, May 4th. TheStreet lowered Camping World from a “b-” rating to a “c+” rating in a research note on Monday, April 25th. Finally, JPMorgan Chase & Co. dropped their price target on Camping World from $66.00 to $58.00 in a research note on Thursday, February 24th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $43.33.

A number of hedge funds and other institutional investors have recently bought and sold shares of CWH. Swiss National Bank boosted its position in shares of Camping World by 5.0% during the 3rd quarter. Swiss National Bank now owns 91,100 shares of the company’s stock worth $3,541,000 after purchasing an additional 4,300 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Camping World by 14.8% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 10,109 shares of the company’s stock worth $408,000 after buying an additional 1,300 shares during the period. National Bank of Canada FI bought a new position in Camping World in the 4th quarter valued at $61,000. Cornerstone Investment Partners LLC bought a new stake in shares of Camping World during the 4th quarter worth $1,525,000. Finally, Fort Sheridan Advisors LLC purchased a new position in shares of Camping World in the third quarter valued at about $593,000. Institutional investors and hedge funds own 84.47% of the company’s stock.

Shares of Camping World stock opened at $27.01 on Friday. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 6.98. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 4.81 and a beta of 2.82. Camping World has a 52 week low of $24.58 and a 52 week high of $46.77. The stock’s 50-day simple moving average is $28.25 and its 200-day simple moving average is $34.12.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 29th. Investors of record on Tuesday, June 14th will be paid a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 9.26%. The ex-dividend date of this dividend is Monday, June 13th. Camping World’s dividend payout ratio (DPR) is currently 44.56%.

About Camping World (Get Rating)

Camping World Holdings, Inc, through its subsidiaries, retails recreational vehicles (RVs), and related products and services. 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.

Recommended Stories

Get a free copy of the Zacks research report on Camping World (CWH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Camping World (NYSE:CWH)

Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.