Camping World (NYSE:CWH) announced its quarterly earnings data on Thursday. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04), Briefing.com reports. Camping World had a negative net margin of 0.37% and a negative return on equity of 9.12%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the business earned $0.49 earnings per share. The company’s quarterly revenue was up 6.0% compared to the same quarter last year.
Shares of CWH stock traded up $0.84 on Friday, reaching $10.61. The company’s stock had a trading volume of 1,660,589 shares, compared to its average volume of 874,812. The stock’s fifty day simple moving average is $9.07 and its 200-day simple moving average is $10.51. Camping World has a 1 year low of $7.12 and a 1 year high of $19.57. The company has a current ratio of 1.35, a quick ratio of 0.26 and a debt-to-equity ratio of 79.52. The company has a market capitalization of $856.14 million, a price-to-earnings ratio of 9.47 and a beta of 3.13.
A number of equities research analysts have issued reports on CWH shares. JPMorgan Chase & Co. lowered shares of Camping World from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $19.00 to $11.00 in a report on Thursday, August 8th. ValuEngine raised shares of Camping World from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. BMO Capital Markets cut their target price on shares of Camping World from $11.00 to $9.00 and set a “market perform” rating for the company in a report on Friday, August 9th. Robert W. Baird lowered shares of Camping World from an “outperform” rating to a “neutral” rating and cut their target price for the company from $18.00 to $12.00 in a report on Friday, July 26th. Finally, Monness Crespi & Hardt reissued a “buy” rating and issued a $14.00 target price (down from $19.00) on shares of Camping World in a report on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $13.14.
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.
Read More: Hedge Funds – Risk or Reward?
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.