$0.96 Earnings Per Share Expected for Camping World Holdings Inc (CWH) This Quarter

Equities research analysts predict that Camping World Holdings Inc (NYSE:CWH) will report earnings of $0.96 per share for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Camping World’s earnings, with the highest EPS estimate coming in at $1.02 and the lowest estimate coming in at $0.92. Camping World reported earnings of $0.77 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 24.7%. The business is expected to announce its next earnings results on Thursday, November 8th.

According to Zacks, analysts expect that Camping World will report full-year earnings of $2.79 per share for the current year, with EPS estimates ranging from $2.54 to $2.98. For the next financial year, analysts expect that the business will report earnings of $3.26 per share, with EPS estimates ranging from $3.05 to $3.37. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Camping World.

Camping World (NYSE:CWH) last announced its earnings results on Tuesday, August 7th. The company reported $0.96 earnings per share for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.10). The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Camping World had a negative net margin of 0.50% and a positive return on equity of 165.19%.

A number of brokerages have weighed in on CWH. BMO Capital Markets decreased their target price on shares of Camping World from $62.00 to $42.00 and set an “outperform” rating for the company in a research note on Wednesday, May 9th. ValuEngine upgraded shares of Camping World from a “strong sell” rating to a “sell” rating in a research note on Friday, June 8th. Monness Crespi & Hardt decreased their target price on shares of Camping World from $55.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, May 9th. Credit Suisse Group decreased their target price on shares of Camping World from $52.00 to $42.00 and set an “outperform” rating for the company in a research note on Wednesday, May 9th. Finally, Robert W. Baird decreased their target price on shares of Camping World from $52.00 to $35.00 and set an “in-line” rating for the company in a research note on Wednesday, May 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. Camping World currently has a consensus rating of “Buy” and an average target price of $44.18.

Shares of CWH opened at $19.04 on Monday. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 9.48, a P/E/G ratio of 0.60 and a beta of 1.75. The company has a quick ratio of 0.38, a current ratio of 1.47 and a debt-to-equity ratio of 13.09. Camping World has a 1-year low of $18.16 and a 1-year high of $47.62.

In other Camping World news, insider Marcus Lemonis acquired 8,000 shares of the business’s stock in a transaction dated Wednesday, May 16th. The stock was purchased at an average price of $22.11 per share, with a total value of $176,880.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Andris A. Baltins acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, May 16th. The shares were acquired at an average cost of $21.70 per share, with a total value of $108,500.00. The disclosure for this purchase can be found here. In the last three months, insiders have bought 48,000 shares of company stock valued at $997,280. Insiders own 49.20% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Sei Investments Co. boosted its holdings in Camping World by 11.1% in the 1st quarter. Sei Investments Co. now owns 140,079 shares of the company’s stock worth $4,518,000 after buying an additional 13,995 shares during the period. Allianz Asset Management GmbH boosted its holdings in Camping World by 200.9% in the 1st quarter. Allianz Asset Management GmbH now owns 79,650 shares of the company’s stock worth $2,569,000 after buying an additional 53,180 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Camping World by 206.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 89,192 shares of the company’s stock worth $3,990,000 after buying an additional 60,109 shares during the period. Geode Capital Management LLC boosted its holdings in Camping World by 46.9% in the 4th quarter. Geode Capital Management LLC now owns 250,705 shares of the company’s stock worth $11,214,000 after buying an additional 80,033 shares during the period. Finally, WINTON GROUP Ltd bought a new position in Camping World in the 1st quarter worth $228,000. 45.05% of the stock is owned by hedge funds and other institutional investors.

Camping World Company Profile

Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co-branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories.

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