Zacks: Brokers predict Camping World Holdings, Inc. (NYSE: CWH) to post earnings of $ 1.78 per share

Analysts expect Camping World Holdings, Inc. (NYSE: CWH) to report earnings per share of $ 1.78 for the current fiscal quarter, according to Zacks. Five analysts have released estimates for Camping World’s earnings, with the lowest EPS estimate at $ 1.44 and the highest estimate at $ 2.00. Camping World posted earnings of $ 1.58 per share for the same quarter last year, suggesting a positive year-over-year growth rate of 12.7%. The company is expected to release its next earnings report on Monday, November 1.
According to Zacks, analysts predict that Camping World will report annual earnings of $ 6.17 per share for the current fiscal year, with EPS estimates ranging from $ 5.91 to $ 6.60. For the next fiscal year, analysts expect the company to report earnings of $ 5.87 per share, with EPS estimates ranging from $ 5.15 to $ 6.62. Zacks Investment Research earnings per share averages are an average based on a survey of seller-side research companies that cover Camping World.
Camping World (NYSE: CWH) last released its quarterly profit data on Tuesday, August 3. The company reported EPS of $ 2.51 for the quarter, beating the Zacks consensus estimate of $ 2.20 by $ 0.31. The company posted revenue of $ 2.01 billion for the quarter, compared to $ 2.08 billion according to analysts’ estimates. Camping World recorded a return on equity of 363.49% and a net margin of 3.79%. The company’s revenue for the quarter increased 25.4% year-over-year. In the same quarter of the previous year, the company posted EPS of $ 1.62.
Several analysts have recently weighed on the company. Raymond James increased his target price on Camping World from $ 45 to $ 47.00 and gave the company an “outperforming” rating in a research note on Wednesday, August 4. Truist Securities reduced its price target on Camping World from $ 54.00 to $ 50.00 and set a “buy” rating for the company in a research note Friday. Robert W. Baird downgraded Camping World from a “neutral” to an “outperforming” rating and set a target price of $ 56.00 for the company in a research note on Wednesday, August 4. Truist lowered its target price on Camping World from $ 54.00 to $ 50.00 and set a “buy” rating for the company in a research note Friday. Finally, Northcoast Research downgraded Camping World from a “buy” rating to a “neutral” rating in a research report released on Thursday, June 17. Two equity research analysts rated the stock with a conservation rating and eight issued a buy rating for the stock. According to MarketBeat data, Camping World has an average rating of “Buy” and a consensus target price of $ 49.70.
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NYSE: CWH traded down $ 0.85 midday Monday, reaching $ 37.19. 1,056,286 shares of the company were traded in the hands, compared to its average volume of 1,236,393. The company has a 50-day moving average of $ 39.30 and a two-hundred-day moving average of 40. 01 $. Camping World has a 12 month minimum of $ 22.60 and a 12 month maximum of $ 49.20. The company has a market cap of $ 3.26 billion, a price-to-earnings ratio of 6.75 and a beta of 3.33. The company has a current ratio of 1.38, a quick ratio of 0.40 and a debt ratio of 5.23.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 28. Investors of record on Tuesday, September 14 will receive a dividend of $ 0.50 per share. This represents a dividend of $ 2.00 on an annualized basis and a return of 5.38%. This is a boost from Camping World’s previous quarterly dividend of $ 0.25. The ex-dividend date for this dividend is Monday, September 13. Camping World’s dividend payout ratio (DPR) is currently 62.70%.
In addition, CFO Karin L. Bell sold 3,652 shares of the company in a transaction on Wednesday August 4. The stock was sold at an average price of $ 42.00, for a total trade of $ 153,384.00. Following the closing of the sale, the CFO now directly owns 127,177 shares of the company, valued at approximately $ 5,341,434. The transaction was disclosed in a legal file with the Securities & Exchange Commission, which is available on the SEC website. Company insiders own 45.60% of the company’s shares.
Hedge funds and other institutional investors have recently increased or reduced their stakes in the company. Manchester Capital Management LLC acquired a new stake in Camping World shares in the 1st quarter valued at $ 25,000. Point72 Hong Kong Ltd acquired a new stake in Camping World shares in the 1st quarter valued at $ 29,000. Harvest Fund Management Co. Ltd. acquired a new stake in Camping World shares in the 2nd quarter valued at $ 30,000. Northern Oak Wealth Management Inc. increased its stake in Camping World by 286.8% in the 2nd quarter. Northern Oak Wealth Management Inc. now owns 735 shares of the company valued at $ 30,000 after purchasing an additional 545 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in Camping World shares in the 2nd quarter for a value of $ 33,000. 41.34% of the capital is held by institutional investors.
Camping World Company Profile
Camping World Holdings, Inc. operates as a retailer of recreational vehicles (RVs) and related products and services. It operates through the following segments: Good Sam Services & Plans; and RV & Outdoor Retail. The Good Sam Services & Plans segment includes programs, plans and services aimed at protecting, ensuring and promoting the RV lifestyle.
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