Analysts Anticipate Camping World Holdings Inc (NYSE:CWH) to Post $0.71 Earnings Per Share

Share on StockTwits

Wall Street brokerages expect that Camping World Holdings Inc (NYSE:CWH) will report earnings of $0.71 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Camping World’s earnings. The highest EPS estimate is $1.09 and the lowest is $0.26. Camping World posted earnings per share of $0.14 during the same quarter last year, which would suggest a positive year over year growth rate of 407.1%. The company is expected to issue its next quarterly earnings report on Thursday, November 5th.

According to Zacks, analysts expect that Camping World will report full-year earnings of $2.42 per share for the current fiscal year, with EPS estimates ranging from $1.72 to $3.05. For the next year, analysts expect that the firm will post earnings of $1.87 per share, with EPS estimates ranging from $0.67 to $3.00. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Camping World.

Camping World (NYSE:CWH) last posted its earnings results on Wednesday, August 5th. The company reported $1.62 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $1.14. Camping World had a negative return on equity of 102.93% and a negative net margin of 0.19%.

A number of equities research analysts recently weighed in on the company. Zacks Investment Research cut Camping World from a “buy” rating to a “hold” rating in a report on Tuesday, August 18th. TheStreet raised Camping World from a “d” rating to a “c” rating in a report on Thursday, August 6th. ValuEngine cut Camping World from a “buy” rating to a “hold” rating in a report on Thursday, May 21st. JPMorgan Chase & Co. lifted their target price on Camping World from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Finally, Truist began coverage on Camping World in a research note on Thursday. They issued a “buy” rating and a $38.00 target price for the company. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Camping World has a consensus rating of “Hold” and a consensus price target of $28.90.

CWH stock traded down $0.44 during midday trading on Tuesday, reaching $30.47. 3,016,600 shares of the company’s stock traded hands, compared to its average volume of 3,512,595. The company has a 50-day simple moving average of $34.15 and a two-hundred day simple moving average of $20.18. Camping World has a 1-year low of $3.40 and a 1-year high of $42.49. The company has a market cap of $2.70 billion, a price-to-earnings ratio of -78.13, a PEG ratio of 0.42 and a beta of 3.83.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Monday, September 14th will be given a $0.09 dividend. This is a positive change from Camping World’s previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Friday, September 11th. Camping World’s dividend payout ratio (DPR) is currently -49.23%.

In other news, major shareholder Abrams Capital Management, L.P sold 500,000 shares of the firm’s stock in a transaction on Thursday, July 16th. The stock was sold at an average price of $35.13, for a total value of $17,565,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Marcus Lemonis bought 3,105 shares of Camping World stock in a transaction on Wednesday, September 2nd. The shares were acquired at an average price of $32.26 per share, for a total transaction of $100,167.30. Following the completion of the acquisition, the chief executive officer now owns 537,726 shares of the company’s stock, valued at approximately $17,347,040.76. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 77,520 shares of company stock worth $2,207,930 and sold 6,512,073 shares worth $226,191,418. 49.80% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of CWH. Meeder Asset Management Inc. bought a new position in Camping World during the first quarter worth about $26,000. Russell Investments Group Ltd. bought a new position in Camping World during the second quarter worth about $26,000. Allworth Financial LP bought a new position in Camping World during the second quarter worth about $27,000. US Bancorp DE lifted its holdings in Camping World by 1,700.0% during the second quarter. US Bancorp DE now owns 1,044 shares of the company’s stock worth $28,000 after acquiring an additional 986 shares in the last quarter. Finally, Bluestein R H & Co. bought a new position in Camping World during the first quarter worth about $57,000. Hedge funds and other institutional investors own 39.26% of the company’s stock.

Camping World Company Profile

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

Recommended Story: Bear Market

Get a free copy of the Zacks research report on Camping World (CWH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Camping World (NYSE:CWH)

Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply