According to Zacks Investment Research, analysts are forecasting that Camping World Holdings, Inc. (NYSE:CWH – Get Rating) will report earnings per share (EPS) of $1.70 for the current fiscal quarter. 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 for the same quarter last year, indicating a negative 32.3% year-over-year growth rate. The company is expected to release its next quarterly report on Monday, January 1st.
On average, analysts expect Camping World to report full-year earnings per share for the current fiscal year of $4.98, with EPS estimates ranging from $3.73 to $5.87. For the next fiscal year, analysts expect the company to report 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 covering Camping World.
Camping World (NYSE:CWH – Get Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported earnings per share of $1.15 for the quarter, missing the consensus estimate of $1.33 ($0.18). Camping World had a net margin of 3.72% and a return on equity of 109.12%. The company made $1.66 billion in revenue for the quarter, compared to analysts’ expectations of $1.64 billion. In the same period last year, the company earned $1.40 per share. The company’s revenue rose 6.7% year over year.
Several brokerage firms have recently issued reports on CWH. Zacks Investment Research upgraded Camping World from a “sell” rating to a “hold” rating in a research note on Tuesday, May 3rd. Robert W. Baird lowered his target price on shares of Camping World from $56.00 to $40.00 in a research note on Thursday, February 24. Raymond James lowered his target price on shares of Camping World from $45.00 to $40.00 in a research note on Wednesday, May 4. TheStreet downgraded Camping World from a “b-” to a “c+” in a research note on Monday 25 April. Finally, on Thursday, February 24, JPMorgan Chase & Co. lowered its price target on Camping World to $58.00 from $66.00 in a research note. Six investment analysts have rated the stock with a hold rating and two have rated the company’s stock with a buy. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $43.33.
A number of hedge funds and other institutional investors have recently bought and sold shares of CWH. The Swiss National Bank increased its position in Camping World shares by 5.0% in the third quarter. The Swiss National Bank now owns 91,100 shares of the company, valued at $3,541,000, after buying another 4,300 shares last quarter. Mitsubishi UFJ Trust & Banking Corp increased its stake in Camping World by 14.8% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 10,109 shares of the company’s stock valued at $408,000 after purchasing an additional 1,300 shares during the period. National Bank of Canada FI bought a new position in Camping World valued at $61,000 in Q4. Cornerstone Investment Partners LLC acquired a new interest in Camping World stock valued at $1,525,000 during the fourth quarter. Finally, Fort Sheridan Advisors LLC acquired a new position in Camping World stock valued at approximately $593,000 during the third quarter. Institutional investors and hedge funds own 84.47% of the company’s shares.
Camping World shares 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 cap 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 company also recently announced a quarterly dividend, which will be paid on Wednesday, June 29th. Investors of record on Tuesday, June 14 will receive a dividend of $0.625. That equates to an annualized dividend of $2.50 and a dividend yield of 9.26%. The ex-dividend date of this dividend is Monday 13th June. Camping World’s Dividend Payout Ratio (DPR) is currently 44.56%.
About 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.
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