Camping World (CWH) Scheduled to Post Earnings on Wednesday

Camping World (NYSE:CWH) is scheduled to announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.41) per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Wednesday, February 21st. The company reported ($0.53) earnings per share for the quarter, beating 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 company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the company earned ($0.33) EPS. The firm’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 0.2 %

CWH stock opened at $22.95 on Wednesday. The business has a 50 day moving average of $25.67 and a 200 day moving average of $23.70. The company has a quick ratio of 0.16, a current ratio of 1.21 and a debt-to-equity ratio of 7.55. Camping World has a twelve month low of $16.18 and a twelve month high of $32.88. The firm has a market cap of $1.94 billion, a PE ratio of 44.14 and a beta of 2.60.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, March 14th were issued a $0.125 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.18%. Camping World’s dividend payout ratio is currently 96.16%.

Insiders Place Their Bets

In other news, CEO Marcus Lemonis sold 100,000 shares of Camping World stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the sale, the chief executive officer now owns 405,268 shares of the company’s stock, valued at approximately $10,387,018.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 43.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on CWH shares. KeyCorp raised their price target on Camping World from $25.00 to $30.00 and gave the company an “overweight” rating in a report on Friday, January 12th. Stephens reaffirmed an “overweight” rating and issued a $28.00 target price (up from $26.00) on shares of Camping World in a report on Wednesday, January 17th. Citigroup lifted their target price on Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Truist Financial lifted their target price on Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, January 9th. Finally, StockNews.com cut Camping World from a “hold” rating to a “sell” rating in a report on Friday, February 23rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.64.

About Camping World

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.