Camping World (CWH) Scheduled to Post Quarterly Earnings on Monday

Camping World (NYSE:CWH) will announce its earnings results after the market closes on Monday, October 28th. Analysts expect the company to announce earnings of $0.07 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). The business had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.87 billion. Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. Camping World’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.60 EPS. On average, analysts expect Camping World to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Camping World Price Performance

Camping World stock opened at $21.07 on Friday. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.19 and a current ratio of 1.19. The firm has a market cap of $1.78 billion, a P/E ratio of -526.75 and a beta of 2.47. The business’s fifty day moving average is $22.70 and its two-hundred day moving average is $21.19. Camping World has a 52 week low of $16.18 and a 52 week high of $28.72.

Camping World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date was Friday, September 13th. Camping World’s dividend payout ratio is currently -1,250.00%.

Analyst Ratings Changes

CWH has been the subject of a number of recent research reports. Roth Mkm dropped their target price on Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Monday, August 5th. JPMorgan Chase & Co. restated a “neutral” rating and set a $24.00 target price (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Monness Crespi & Hardt boosted their target price on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Truist Financial boosted their target price on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. Finally, KeyCorp dropped their target price on Camping World from $26.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $27.29.

Insider Activity at Camping World

In related news, CEO Marcus Lemonis sold 125,000 shares of the company’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $22.84, for a total value of $2,855,000.00. Following the completion of the sale, the chief executive officer now owns 155,268 shares in the company, valued at approximately $3,546,321.12. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 43.80% of the stock is currently owned by corporate insiders.

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.