Camping World Holdings Inc (CWH) Expected to Announce Earnings of $0.15 Per Share

Wall Street brokerages predict that Camping World Holdings Inc (NYSE:CWH) will announce $0.15 earnings per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Camping World’s earnings, with estimates ranging from $0.06 to $0.23. Camping World reported earnings of $0.41 per share in the same quarter last year, which indicates a negative year over year growth rate of 63.4%. The company is scheduled to report its next quarterly earnings report on Tuesday, May 14th.

According to Zacks, analysts expect that Camping World will report full year earnings of $1.76 per share for the current year, with EPS estimates ranging from $1.69 to $1.91. For the next year, analysts expect that the company will report earnings of $2.10 per share, with EPS estimates ranging from $1.90 to $2.29. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Camping World.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Thursday, March 7th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.38). The firm had revenue of $982.39 million for the quarter, compared to the consensus estimate of $973.80 million. Camping World had a return on equity of 135.20% and a net margin of 0.31%.

Several research firms recently issued reports on CWH. Jefferies Financial Group began coverage on shares of Camping World in a report on Thursday. They set a “hold” rating and a $15.00 price objective for the company. Bank of America began coverage on shares of Camping World in a report on Tuesday. They set a “neutral” rating and a $15.00 price objective for the company. Citigroup set a $16.00 price objective on shares of Camping World and gave the stock a “buy” rating in a report on Friday, March 22nd. Robert W. Baird reaffirmed an “outperform” rating on shares of Camping World in a report on Tuesday, March 19th. Finally, Goldman Sachs Group downgraded shares of Camping World from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $28.00 to $15.00 in a report on Tuesday, March 19th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. Camping World has an average rating of “Hold” and an average target price of $23.42.

In related news, major shareholder Abrams Capital Management, L.P bought 29,904 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The stock was purchased at an average cost of $11.94 per share, for a total transaction of $357,053.76. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Marcus Lemonis bought 99,094 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The shares were bought at an average price of $13.27 per share, with a total value of $1,314,977.38. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 185,648 shares of company stock valued at $2,406,215. Corporate insiders own 49.20% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in CWH. Pearl River Capital LLC acquired a new position in shares of Camping World in the 4th quarter valued at $42,000. Tower Research Capital LLC TRC grew its holdings in shares of Camping World by 156,866.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,709 shares of the company’s stock worth $100,000 after purchasing an additional 4,706 shares during the last quarter. Hodges Capital Management Inc. bought a new stake in shares of Camping World in the 4th quarter worth about $115,000. Camelot Portfolios LLC bought a new stake in shares of Camping World in the 4th quarter worth about $115,000. Finally, Metropolitan Life Insurance Co. NY grew its holdings in shares of Camping World by 358.2% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 10,283 shares of the company’s stock worth $118,000 after purchasing an additional 8,039 shares during the last quarter. Hedge funds and other institutional investors own 41.76% of the company’s stock.

Shares of NYSE CWH traded down $0.30 during trading hours on Monday, hitting $13.91. 601,393 shares of the stock were exchanged, compared to its average volume of 961,856. The company has a current ratio of 1.45, a quick ratio of 0.25 and a debt-to-equity ratio of 36.20. The company has a market cap of $1.25 billion, a P/E ratio of 12.42, a P/E/G ratio of 0.89 and a beta of 2.69. Camping World has a one year low of $11.01 and a one year high of $32.61.

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend was Thursday, March 14th. Camping World’s payout ratio is currently 28.57%.

About Camping World

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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