Camping World (NYSE:CWH) Announces Earnings Results, Meets Expectations

Camping World (NYSE:CWH) issued its earnings results on Tuesday. The company reported ($0.55) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.55), Zacks reports. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%.

Camping World Stock Performance

Shares of Camping World stock opened at $20.75 on Wednesday. The business has a 50-day moving average price of $22.09 and a two-hundred day moving average price of $22.55. Camping World has a 1-year low of $17.29 and a 1-year high of $28.72. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The company has a market cap of $1.76 billion, a P/E ratio of -30.08, a PEG ratio of 0.92 and a beta of 2.49.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 2.41%. Camping World’s payout ratio is -72.46%.

Analyst Ratings Changes

CWH has been the topic of several research reports. Truist Financial boosted their price target on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Roth Mkm reissued a “buy” rating and set a $28.00 target price (up from $26.00) on shares of Camping World in a report on Wednesday, October 30th. Bank of America began coverage on shares of Camping World in a research note on Thursday, December 19th. They set a “buy” rating and a $30.00 price target for the company. StockNews.com raised shares of Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Finally, KeyCorp raised their target price on Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $27.71.

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.