Camping World (CWH) Scheduled to Post Quarterly Earnings on Wednesday

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

Camping World (NYSE:CWH) last released its earnings results on Wednesday, February 21st. The company reported ($0.53) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.59) by $0.06. Camping World had a net margin of 0.50% and a return on equity of 16.62%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the business earned ($0.33) EPS. The firm’s quarterly revenue 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 Trading Up 0.2 %

Shares of NYSE:CWH opened at $22.95 on Wednesday. The company has a current ratio of 1.21, a quick ratio of 0.16 and a debt-to-equity ratio of 7.55. The company’s 50 day moving average is $25.67 and its two-hundred day moving average is $23.70. The company has a market cap of $1.94 billion, a PE ratio of 44.14 and a beta of 2.60. Camping World has a 52 week low of $16.18 and a 52 week high of $32.88.

Camping World Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, March 14th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date was Wednesday, March 13th. Camping World’s dividend payout ratio is currently 96.16%.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CWH. KeyCorp raised their target price on shares of Camping World from $25.00 to $30.00 and gave the stock an “overweight” rating in a research note on Friday, January 12th. Citigroup lifted their price target on shares of Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Truist Financial boosted their target price on shares of Camping World from $25.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, January 9th. Stephens reissued an “overweight” rating and set a $28.00 target price (up from $26.00) on shares of Camping World in a research report on Wednesday, January 17th. Finally, StockNews.com cut shares of Camping World from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.64.

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.