According to Zacks, analysts expect Camping World Holdings, Inc. (NYSE:CWH – Get Rating) to post sales of $1.62 billion for the current quarter. Five analysts have provided estimates for Camping World’s revenue, with the highest estimate of the revenue sitting at $1.72 billion and the lowest estimate at $1.42 billion. Camping World posted sales of $1.56 billion for the same quarter last year, indicating a positive growth rate of 3.8% year over year. The company will release its next quarterly earnings report after the market close on Monday, January 1st.
According to Zacks, analysts expect Camping World to report full-year sales of $7.23 billion for the current year, with estimates ranging from $7.07 billion to $7.40 billion. For the next fiscal year, analysts are forecasting revenue of $7.28 billion, with estimates ranging from $7.02 billion to $7.58 billion. Zacks sales calculations are an average based on a survey of research companies covering Camping World.
Camping World (NYSE:CWH – Get Rating) last released its quarterly results on Tuesday, February 22nd. The company reported earnings per share (EPS) of $0.62 for the quarter, beating Thomson Reuters consensus estimate of $0.64 ($0.02). The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.30 billion. Camping World had a net margin of 4.03% and a return on equity of 131.23%. Camping World’s revenue grew 21.5% year over year. In the same period last year, the company posted $0.34 per share.
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Several research companies have recently issued reports on CWH. Zacks Investment Research downgraded shares of Camping World from a “hold” rating to a “sell” rating in a research note on Tuesday, April 26. TheStreet downgraded shares of Camping World from a “b-” rating to a “c+” rating in a research note on Monday 25 April. BMO Capital Markets downgraded shares of Camping World from a rating of “outperform” to a rating of “market perform” in a research note on Wednesday, February 23. Raymond James lowered his target price on Camping World shares to $45.00 from $54.00 and gave the company a “Outperform” rating in a research note on Thursday, February 24. Finally, on Wednesday, April 13, DA Davidson took over coverage of Camping World shares in a research note. They put the company at a “neutral” rating and price target of $29.00. One investment analyst has assigned a sell rating to the stock, five have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Camping World currently has a consensus rating of Hold and an average target price of $48.50.
CWH stock opened at $25.68 on Friday. The company has a 50-day moving average price of $28.75 and a 200-day moving average price of $34.95. The company has a market cap of $2.20 billion, a P/E of 4.29 and a beta of 2.96. Camping World has a 52-week low of $24.58 and a 52-week high of $49.20. The company has a leverage ratio of 6.30, a quick ratio of 0.31 and a current ratio of 1.43.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 29th. Shareholders of record were paid a dividend of $0.625 on Monday, March 14th. That equates to an annual dividend of $2.50 and a yield of 9.74%. This is an increase from Camping World’s previous quarterly dividend of $0.50. The ex-dividend date was Friday March 11th. Camping World’s Dividend Payout Ratio (DPR) is currently 41.74%.
Major investors have recently bought and sold shares in the company. Millennium Management LLC increased its ownership of Camping World stock by 63.7% in 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 last quarter. Morgan Stanley increased its holding in Camping World stock by 20.3% in the third quarter. Morgan Stanley now owns 859,502 shares of the company’s stock valued at $33,409,000 after purchasing an additional 144,952 shares last quarter. Gendell Jeffrey L increased his stake in Camping World stock by 50.8% in the third quarter. Gendell Jeffrey L now owns 839,752 shares of the company’s stock valued at $32,641,000 after purchasing an additional 283,034 shares last quarter. Geode Capital Management LLC increased its stake in Camping World stock by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 684,672 shares of the company’s stock valued at $27,660,000 after purchasing an additional 8,263 shares last quarter. Finally, Kanen Wealth Management LLC increased its holding in Camping World stock by 9.4% during the fourth quarter. Kanen Wealth Management LLC now owns 621,138 shares of the company’s stock valued at $25,094,000 after purchasing an additional 53,590 shares last quarter. Institutional investors and hedge funds own 80.95% of the company’s shares.
About camping world (get 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.
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