Wall Street stockbrokers are forecasting that Camping World Holdings, Inc. (NYSE:CWH – Get Rating) will report revenue of $2.06 billion for the current quarter, Zacks reports. Five analysts have provided estimates for Camping World’s revenue, with the highest estimate of the revenue being $2.10 billion and the lowest estimate being $2.04 billion. Camping World also reported revenue of $2.06 billion for the same quarter last year. The company is expected to report its next quarterly results on Monday, January 1st.
On average, analysts expect Camping World to report full-year sales of $6.97 billion for the current fiscal year, with estimates ranging from $6.89 billion to $7.12 billion. For next year, analysts are expecting sales of $6.95 billion, with estimates ranging from $6.64 billion to $7.16 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts who follow Camping World.
Camping World (NYSE:CWH – Get Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported earnings per share (EPS) of $1.15 for the quarter, falling short of analyst consensus estimates of $1.33 ($0.18). Camping World had a return on equity of 109.12% and a net margin of 3.72%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.64 billion. In the same quarter last year, the company posted earnings per share of $1.40. Camping World’s quarterly revenue rose 6.7% year over year.
A number of equity analysts recently issued reports on the company. TheStreet downgraded Camping World from a “b-” rating to a “c+” rating in a report on Monday 25 April. Truist Financial downgraded Camping World from a “buy” rating to a “hold” rating in a report Wednesday, March 2nd. Zacks Investment Research upgraded Camping World from a “sell” rating to a “hold” rating in a report Tuesday, May 3. StockNews.com acquired coverage of Camping World in a research note on Thursday, March 31st. They give the stock a “hold” rating. Finally, BMO Capital Markets downgraded Camping World from an Outperform rating to a Market Perform rating in a research note on Wednesday, February 23rd. Six equities research analysts have rated the stock with a hold rating and two have given it a buy rating. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $43.33.
Several institutional investors have recently changed their positions in CWH. Geneos Wealth Management Inc. increased its position in Camping World shares by 413.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 621 shares of the company’s stock valued at $25,000 after buying another 500 shares last quarter. Rise Advisors LLC acquired a new interest in Camping World stock valued at $28,000 during the fourth quarter. Creative Financial Designs Inc. ADV acquired a new stake in Camping World stock valued at $37,000 during the first quarter. Dark Forest Capital Management LP acquired a new $40,000 stake in Camping World stock during the third quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschaftsbank Frankfurt am Main acquired a new stake in Camping World stock valued at $40,000 in Q4. 84.47% of the shares are owned by hedge funds and other institutional investors.
CWH shares opened at $26.06 on Friday. Camping World has a 12-month low of $24.58 and a 12-month high of $46.77. The company’s 50-day moving average is $28.18 and its 200-day moving average is $33.97. 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 stock has a market cap of $2.17 billion, a P/E of 4.65, and a beta of 2.82.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 29th. Stockholders of record on Tuesday, June 14 will receive a dividend of $0.625 per share. That equates to an annualized dividend of $2.50 and a dividend yield of 9.59%. The ex-dividend date of this dividend is Monday 13th June. Camping World’s payout ratio is currently 44.56%.
Company profile of Camping World (received rating)
Camping World Holdings, Inc, through its subsidiaries, sells recreational vehicles (RVs) and related products and services. It operates through two segments, Good Sam Services and Plans; and RV and outdoor retail. The Company offers a portfolio of services, protection plans, products and resources in the RV industry.
Featured Stories
Get a Free Copy of Zacks Research Report at Camping World (CWH)
For more information on Zacks Investment Research’s research offerings, visit Zacks.com
Receive News & Reviews 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.
