Camping World (CWH) to Release Quarterly Earnings on Wednesday

Camping World (NYSE:CWH) will release its earnings data after the market closes on Wednesday, May 1st. Analysts expect Camping World to post earnings of ($0.41) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Camping World (NYSE:CWH) last posted its earnings results on Wednesday, February 21st. The company reported ($0.53) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.59) by $0.06. Camping World had a return on equity of 16.62% and a net margin of 0.50%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the business earned ($0.33) EPS. The business’s revenue for the quarter was down 13.4% on a year-over-year basis. On average, analysts expect Camping World to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Camping World Stock Up 1.9 %

CWH stock opened at $21.45 on Monday. The company has a debt-to-equity ratio of 7.55, a quick ratio of 0.16 and a current ratio of 1.21. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 41.25 and a beta of 2.60. The business’s 50 day moving average price is $25.39 and its two-hundred day moving average price is $23.78. Camping World has a fifty-two week low of $16.18 and a fifty-two week high of $32.88.

Camping World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, March 14th were paid a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.33%. Camping World’s payout ratio is currently 96.16%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CWH. KeyCorp upped their price target on Camping World from $25.00 to $30.00 and gave the stock an “overweight” rating in a research note on Friday, January 12th. StockNews.com downgraded Camping World from a “hold” rating to a “sell” rating in a research note on Friday, February 23rd. Stephens restated an “overweight” rating and issued a $28.00 price target (up previously from $26.00) on shares of Camping World in a research note on Wednesday, January 17th. Truist Financial upped their price target on Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, January 9th. Finally, Citigroup increased their target price on Camping World from $26.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Camping World presently has an average rating of “Moderate Buy” and an average price target of $30.64.

Insider Buying and Selling at Camping World

In other news, CEO Marcus Lemonis sold 100,000 shares of the stock in a transaction on Friday, March 15th. The stock was sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the transaction, the chief executive officer now directly owns 405,268 shares of the company’s stock, valued at approximately $10,387,018.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 43.80% of the company’s stock.

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.