Camping World (NYSE:CWH – Get Rating) is expected to release its quarterly earnings data after the market close on Tuesday, August 2nd. Analysts expect the company to report earnings of $1.69 per share for the quarter. Individuals interested in registering for the Company’s earnings conference call can do so through this link.
Camping World (NYSE:CWH – Get Rating) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported earnings per share of $0.92 for the quarter, missing the consensus estimate of $1.22 ($0.30). Camping World had a return on equity of 109.12% and a net margin of 3.72%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.64 billion. In the same period last year, the company earned $1.40 per share. The company’s revenue for the quarter increased 6.7% compared to the same quarter last year. On average, analysts expect Camping World to post fiscal-year EPS of $5 and next-fiscal EPS of $4.
Camping World trade down 1.7%
NYSE CWH opened at $27.04 on Friday. Camping World has a 12-month low of $20.85 and a 12-month high of $46.77. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt to equity ratio of 6.98. The company has a market cap of $2.25 billion, a P/E of 4.82 and a beta of 2.79. The company’s 50-day moving average price is $24.81 and its 200-day moving average price is $28.32.
Camping World announces dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. A dividend of $0.625 per share was paid to shareholders of record on Tuesday, June 14. The ex-dividend date was Monday June 13th. That equates to an annual dividend of $2.50 and a yield of 9.25%. Camping World’s RTP is currently 44.56%.
Changes in analyst ratings
A number of research analysts have covered CWH stocks. DA Davidson opened coverage on Camping World stock in a research note on Wednesday, April 13th. They issued a “neutral” rating and a price target of $29.00 on the stock. Monness Crespi & Hardt lowered their target price on Camping World to $32.00 from $40.00 and issued a research note with a “buy” rating on Thursday, June 30th. Raymond James reaffirmed a “retain” rating on shares of Camping World in a research report on Monday 25th July. Truist Financial lowered its price target on shares of Camping World to $26.00 in a report on Thursday, May 26. Finally, TheStreet Camping World downgraded Camping World from a “b-” to a “c+” in a research note on Monday 25th April. Four investment analysts have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Camping World currently has a consensus rating of Hold and an average target price of $36.17.
Insider transactions at Camping World
In other Camping World news, CEO Marcus Lemonis bought 38,350 shares of the company’s stock in a transaction on Friday, June 10th. The shares were acquired at an average price of $26.36 per share for a total transaction of $1,010,906.00. Following the purchase, the Chief Executive Officer now owns 121,450 shares of the company, valued at approximately $3,201,422. The purchase was disclosed in a legal filing with the SEC available at this hyperlink. 47.50% of the shares are owned by insiders.
Institutional inflows and outflows
Institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its stake in Camping World by 3.4% in the first quarter. Bank of New York Mellon Corp now owns 525,929 shares of the company’s stock valued at $14,700,000 after purchasing an additional 17,443 shares last quarter. Dimensional Fund Advisors LP increased its position in Camping World by 16.5% in the first quarter. Dimensional Fund Advisors LP now owns 387,593 shares of the company’s shares valued at $10,835,000 after purchasing an additional 55,017 shares during the period. Great West Life Assurance Co. Can increased its holding in Camping World stock by 12,962.0% during the first quarter. Great West Life Assurance Co. Can now owns 369,786 shares of the company’s stock valued at $10,318,000 after purchasing an additional 366,955 shares during the period. Advisors Asset Management Inc. increased its holding in Camping World stock by 29.6% during the first quarter. Advisors Asset Management Inc. now owns 327,185 shares of the company’s stock valued at $9,145,000 after purchasing an additional 74,773 shares last quarter. Finally, Charles Schwab Investment Management Inc. increased its holding in Camping World stock by 9.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 319,619 shares of the company’s stock valued at $8,934,000 after purchasing an additional 26,493 shares last quarter. 84.47% of the shares are currently owned by institutional investors.
Company profile of Camping World
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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