Camping World (NYSE:CWH) Posts Earnings Results, Beats Expectations By $1.01 EPS


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Camping World (NYSE:CWH) released its earnings results on Tuesday. The company reported $1.40 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $1.01, MarketWatch Earnings reports. Camping World had a net margin of 1.51% and a negative return on equity of 270.25%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period in the prior year, the firm earned ($0.03) EPS. The firm’s quarterly revenue was up 47.5% on a year-over-year basis.

Shares of CWH traded up $3.40 during midday trading on Tuesday, reaching $47.41. 124,278 shares of the stock were exchanged, compared to its average volume of 1,387,584. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 25.32, a P/E/G ratio of 0.34 and a beta of 3.45. The company has a quick ratio of 0.67, a current ratio of 1.57 and a debt-to-equity ratio of 36.36. Camping World has a 12-month low of $7.55 and a 12-month high of $46.81. The firm has a 50 day simple moving average of $39.97 and a 200-day simple moving average of $33.63.

The company also recently announced a dividend, which will be paid on Friday, May 21st. Shareholders of record on Monday, May 10th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, May 7th. This represents a yield of 2.21%. Camping World’s dividend payout ratio (DPR) is currently -55.38%.

CWH has been the topic of several recent analyst reports. BMO Capital Markets upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $35.00 to $50.00 in a report on Wednesday, March 17th. Northcoast Research upgraded shares of Camping World from a “neutral” rating to a “buy” rating and set a $47.00 price target on the stock in a report on Monday, January 25th. JPMorgan Chase & Co. upped their price objective on Camping World from $45.00 to $52.00 and gave the stock an “overweight” rating in a report on Friday, February 26th. Zacks Investment Research cut Camping World from a “buy” rating to a “hold” rating in a report on Friday. Finally, Robert W. Baird upped their price target on Camping World from $44.00 to $46.00 and gave the stock a “neutral” rating in a research note on Monday, April 19th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $45.00.

In related news, CEO Marcus Lemonis purchased 3,127 shares of the firm’s stock in a transaction dated Wednesday, March 3rd. The stock was bought at an average price of $32.04 per share, for a total transaction of $100,189.08. Also, Director Crestview Partners Ii Gp, L.P. sold 23,043 shares of the firm’s stock in a transaction that occurred on Thursday, February 4th. The shares were sold at an average price of $39.66, for a total value of $913,885.38. The disclosure for this sale can be found here. In the last three months, insiders sold 1,029,933 shares of company stock valued at $43,047,926. 49.80% of the stock is currently owned by company insiders.

Camping World Company Profile

Camping World Holdings, Inc, through its subsidiaries, operates as a recreational vehicle (RV) and outdoor retailer. It operates through 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.

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Earnings History for Camping World (NYSE:CWH)

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