Camping World (CWH) Expected to Post Quarterly Sales of $1.05 Billion

Equities research analysts expect that Camping World (NYSE:CWH) will announce sales of $1.05 billion for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for Camping World’s earnings, with estimates ranging from $1.03 billion to $1.08 billion. Camping World reported sales of $883.82 million during the same quarter last year, which suggests a positive year-over-year growth rate of 18.8%. The company is expected to issue its next earnings results on Thursday, May 3rd.

According to Zacks, analysts expect that Camping World will report full-year sales of $4.95 billion for the current fiscal year, with estimates ranging from $4.73 billion to $5.09 billion. For the next year, analysts forecast that the firm will report sales of $5.46 billion per share, with estimates ranging from $5.32 billion to $5.73 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Camping World.

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Camping World (NYSE:CWH) last announced its earnings results on Tuesday, February 27th. The company reported $0.25 EPS for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.02. Camping World had a positive return on equity of 384.26% and a negative net margin of 0.42%. The company had revenue of $888.99 million for the quarter, compared to analysts’ expectations of $804.84 million.

A number of brokerages recently commented on CWH. TheStreet cut Camping World from a “c-” rating to a “d+” rating in a report on Tuesday, April 10th. ValuEngine cut Camping World from a “strong-buy” rating to a “buy” rating in a report on Thursday. Wells Fargo decreased their target price on Camping World from $52.00 to $43.00 and set an “outperform” rating on the stock in a report on Tuesday, April 10th. They noted that the move was a valuation call. KeyCorp set a $52.00 target price on Camping World and gave the stock a “buy” rating in a report on Wednesday, February 28th. Finally, BMO Capital Markets raised their target price on Camping World from $53.00 to $62.00 and gave the stock an “outperform” rating in a report on Thursday, March 1st. One investment analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $49.00.

Camping World stock traded down $0.75 during trading on Monday, reaching $26.76. The company had a trading volume of 1,990,355 shares, compared to its average volume of 901,455. Camping World has a 52 week low of $26.23 and a 52 week high of $47.62. The stock has a market cap of $2,409.46, a P/E ratio of 11.69, a P/E/G ratio of 0.71 and a beta of 2.83. The company has a debt-to-equity ratio of 9.99, a quick ratio of 0.29 and a current ratio of 1.36.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Friday, March 16th were paid a $0.08 dividend. The ex-dividend date was Thursday, March 15th. This represents a $0.32 dividend on an annualized basis and a yield of 1.20%. Camping World’s payout ratio is presently 13.97%.

In other Camping World news, CEO Marcus Lemonis sold 130,000 shares of the stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $35.51, for a total value of $4,616,300.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 49.20% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Meridian Investment Counsel Inc. purchased a new stake in Camping World in the 4th quarter worth $201,000. M&T Bank Corp purchased a new position in shares of Camping World during the fourth quarter valued at about $203,000. Jane Street Group LLC purchased a new position in shares of Camping World during the fourth quarter valued at about $216,000. Caxton Associates LP purchased a new position in shares of Camping World during the fourth quarter valued at about $224,000. Finally, Guggenheim Capital LLC purchased a new position in shares of Camping World during the fourth quarter valued at about $227,000. Institutional investors and hedge funds own 42.80% of the company’s stock.

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

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