Analysts Expect Camping World Holdings, Inc. (NYSE:CWH) to Announce $1.72 EPS

Wall Street brokerages predict that Camping World Holdings, Inc. (NYSE:CWHGet Rating) will post $1.72 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for Camping World’s earnings. The highest EPS estimate is $1.94 and the lowest is $1.14. Camping World posted earnings of $2.51 per share in the same quarter last year, which would suggest a negative year over year growth rate of 31.5%. The firm is expected to issue its next earnings results on Monday, January 1st.

On average, analysts expect that Camping World will report full-year earnings of $5.27 per share for the current year, with EPS estimates ranging from $3.73 to $8.80. For the next fiscal year, analysts anticipate that the business will post earnings of $4.61 per share, with EPS estimates ranging from $2.22 to $8.22. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that follow Camping World.

Camping World (NYSE:CWHGet Rating) last posted 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). The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Camping World had a return on equity of 109.12% and a net margin of 3.72%. The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.40 EPS.

A number of equities analysts recently commented on the company. Zacks Investment Research raised Camping World from a “sell” rating to a “hold” rating in a report on Tuesday, May 3rd. BMO Capital Markets cut Camping World from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 23rd. JPMorgan Chase & Co. cut their price target on Camping World from $66.00 to $58.00 in a research note on Thursday, February 24th. Truist Financial cut their price target on Camping World to $26.00 in a research note on Thursday, May 26th. Finally, DA Davidson started coverage on Camping World in a research note on Wednesday, April 13th. They issued a “neutral” rating and a $29.00 price target for the company. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Camping World has a consensus rating of “Hold” and an average price target of $39.33.

Several institutional investors have recently modified their holdings of the company. HG Vora Capital Management LLC purchased a new position in shares of Camping World during the first quarter valued at about $117,390,000. Millennium Management LLC grew its position in shares of Camping World by 63.7% during the fourth quarter. Millennium Management LLC now owns 972,806 shares of the company’s stock valued at $39,301,000 after purchasing an additional 378,660 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Camping World by 20.3% in the 3rd quarter. Morgan Stanley now owns 859,502 shares of the company’s stock valued at $33,409,000 after acquiring an additional 144,952 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Camping World by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 684,672 shares of the company’s stock valued at $27,660,000 after acquiring an additional 8,263 shares during the last quarter. Finally, Kanen Wealth Management LLC lifted its holdings in shares of Camping World by 9.4% in the 4th quarter. Kanen Wealth Management LLC now owns 621,138 shares of the company’s stock valued at $25,094,000 after acquiring an additional 53,590 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Shares of NYSE CWH traded down $0.18 during midday trading on Thursday, hitting $26.65. 22,020 shares of the stock traded hands, compared to its average volume of 1,219,940. The firm has a 50-day moving average of $27.28 and a two-hundred day moving average of $32.61. The firm has a market capitalization of $2.22 billion, a P/E ratio of 4.78 and a beta of 2.82. The company has a debt-to-equity ratio of 6.98, a quick ratio of 0.23 and a current ratio of 1.33. Camping World has a one year low of $24.58 and a one year high of $46.77.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 29th. Stockholders of record on Tuesday, June 14th will be given a dividend of $0.625 per share. The ex-dividend date of this dividend is Monday, June 13th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 9.38%. Camping World’s payout ratio is 44.56%.

Camping World Company Profile (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.

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

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