Camping World (CWH) to Release Quarterly Earnings on Wednesday

Camping World (NYSE:CWH) is set to issue its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.41) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Camping World (NYSE:CWH) last posted its earnings results on Wednesday, February 21st. The company reported ($0.53) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.06. Camping World had a return on equity of 16.62% and a net margin of 0.50%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the company earned ($0.33) earnings per share. The company’s revenue for the quarter was down 13.4% on a year-over-year basis. On average, analysts expect Camping World to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Camping World Stock Up 1.9 %

CWH stock opened at $21.45 on Monday. Camping World has a twelve month low of $16.18 and a twelve month high of $32.88. The company has a quick ratio of 0.16, a current ratio of 1.21 and a debt-to-equity ratio of 7.55. The stock’s 50 day moving average is $25.39 and its 200-day moving average is $23.78. The firm has a market capitalization of $1.81 billion, a PE ratio of 41.25 and a beta of 2.60.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 14th were issued a $0.125 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.33%. Camping World’s dividend payout ratio is presently 96.16%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on CWH shares. Stephens restated an “overweight” rating and issued a $28.00 target price (up previously from $26.00) on shares of Camping World in a report on Wednesday, January 17th. KeyCorp lifted their price target on Camping World from $25.00 to $30.00 and gave the stock an “overweight” rating in a report on Friday, January 12th. Truist Financial lifted their price target on Camping World from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, January 9th. Citigroup lifted their price target on Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Finally, StockNews.com lowered Camping World from a “hold” rating to a “sell” rating in a report on Friday, February 23rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $30.64.

Insider Buying and Selling at Camping World

In other Camping World news, CEO Marcus Lemonis sold 100,000 shares of the business’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $25.63, for a total value of $2,563,000.00. Following the sale, the chief executive officer now directly owns 405,268 shares in the company, valued at $10,387,018.84. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 43.80% of the company’s stock.

About Camping World

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.