Camping World (CWH) to Release Earnings Tuesday – MarketBeat | Gmx Pharm

Camping World (NYSE:CWH – Get Rating) will release its earnings data after the market close on Tuesday, August 2nd. Analysts expect Camping World 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 announced its quarterly earnings results on Tuesday, May 3rd. The company reported earnings per share of $0.92 for the quarter, falling short of analyst consensus estimates of $1.22 ($0.30). The company made $1.66 billion in revenue for the quarter, compared to analysts’ expectations of $1.64 billion. Camping World had a net margin of 3.72% and a return on equity of 109.12%. The company’s quarterly revenue increased 6.7% compared to the same quarter last year. In the same quarter last year, the company earned $1.40 per share. On average, analysts expect Camping World to post fiscal-year EPS of $5 and next-fiscal EPS of $4.

Camping World trade down 2.1%

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Camping World stock opened at $26.26 on Tuesday. The stock has a market cap of $2.18 billion, a P/E of 4.68, and a beta of 2.79. The stock has a 50-day moving average price of $24.92 and a 200-day moving average price of $28.57. Camping World has a 52-week low of $20.85 and a 52-week 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.

Camping World announces dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. Shareholders of record were paid a dividend of $0.625 on Tuesday, June 14th. That equates to an annual dividend of $2.50 and a yield of 9.52%. The ex-dividend date of this dividend was Monday June 13th. Camping World’s RTP is 44.56%.

Analyst upgrades and downgrades

A number of brokers have issued reports on CWH. StockNews.com began coverage of Camping World in a research note on Thursday, March 31st. They gave the stock a “hold” rating. Monness Crespi & Hardt lowered their price target on Camping World to $32.00 from $40.00 and issued a research note on Thursday, June 30th with a “buy” rating of the stock. TheStreet has Camping World on Monday 25. Raymond James lowered his price target for Camping World from $40.00 to $32.00 in a research note on Sunday. Finally, on Wednesday, April 13, DA Davidson began reporting on Camping World in a research note. They issued a “neutral” rating and a price target of $29.00 on the stock. Four research analysts have rated the stock with a hold rating and three with a buy rating. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $36.17.

Insider buying and selling

In related news, CEO Marcus Lemonis acquired 38,350 shares of Camping World in a transaction that took place on Friday, June 10th. Shares were purchased at an average price of $26.36 per share for a total value of $1,010,906.00. Following the transaction, the Chief Executive Officer now owns 121,450 shares of the Company, valued at approximately $3,201,422. The purchase was disclosed in a filing with the Securities & Exchange Commission, available at this link. 47.50% of the shares are currently owned by company insiders.

Institutional investors rely on Camping World

Several hedge funds and other institutional investors have recently bought and sold shares in the company. The Canada Pension Plan Investment Board bought a $170,000 new position in Camping World in Q1. Point72 Hong Kong Ltd increased its stake in Camping World by 69.9% in the first quarter. Point72 Hong Kong Ltd now owns 8,317 shares of the company, valued at $232,000, after purchasing an additional 3,421 shares last quarter. Atria Wealth Solutions Inc. bought a new position in Camping World valued at $307,000 during the first quarter. Blair William & Co. IL bought a new position in Camping World valued at $337,000 during the first quarter. Finally, Ergoteles LLC bought a new position in Camping World valued at $511,000 in Q1. 84.47% of the shares are currently owned by hedge funds and other institutional investors.

Company profile of 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.

Selected items

Earnings History for Camping World (NYSE:CWH)

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