Zacks: Analysts Anticipate Camping World Holdings Inc (NYSE:CWH) Will Announce Earnings of -$0.25 Per Share

Analysts forecast that Camping World Holdings Inc (NYSE:CWH) will post earnings per share (EPS) of ($0.25) for the current quarter, Zacks reports. Five analysts have made estimates for Camping World’s earnings. The lowest EPS estimate is ($0.36) and the highest is ($0.04). Camping World posted earnings per share of ($0.26) during the same quarter last year, which would indicate a positive year over year growth rate of 3.8%. The company is scheduled to announce its next quarterly earnings report on Thursday, March 5th.

On average, analysts expect that Camping World will report full-year earnings of ($0.29) per share for the current financial year, with EPS estimates ranging from ($0.34) to ($0.17). For the next financial year, analysts forecast that the business will report earnings of $0.77 per share, with EPS estimates ranging from $0.38 to $1.13. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Camping World.

Camping World (NYSE:CWH) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04). The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.32 billion. Camping World had a negative return on equity of 14,187.62% and a negative net margin of 1.27%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.49 EPS.

Several brokerages have recently commented on CWH. Citigroup lifted their target price on Camping World from $11.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. BMO Capital Markets decreased their target price on Camping World from $11.00 to $9.00 and set a “market perform” rating on the stock in a report on Friday, August 9th. Bank of America dropped their price target on Camping World from $10.00 to $7.00 and set an “underperform” rating on the stock in a research note on Wednesday, September 4th. Zacks Investment Research downgraded Camping World from a “hold” rating to a “sell” rating in a report on Monday, November 18th. Finally, JPMorgan Chase & Co. cut shares of Camping World from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $19.00 to $11.00 in a research report on Thursday, August 8th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $12.95.

In other news, major shareholder Abrams Capital Management, L.P bought 47,682 shares of the firm’s stock in a transaction dated Thursday, October 10th. The shares were bought at an average price of $7.92 per share, with a total value of $377,641.44. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 49.40% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. Millennium Management LLC increased its holdings in shares of Camping World by 2,437.2% during the third quarter. Millennium Management LLC now owns 1,383,563 shares of the company’s stock worth $12,313,000 after purchasing an additional 1,329,031 shares during the period. Man Group plc bought a new stake in shares of Camping World in the third quarter valued at approximately $216,000. River Road Asset Management LLC boosted its stake in shares of Camping World by 26.0% in the third quarter. River Road Asset Management LLC now owns 541,364 shares of the company’s stock valued at $4,818,000 after buying an additional 111,600 shares during the period. Tower Research Capital LLC TRC grew its position in Camping World by 305.2% during the third quarter. Tower Research Capital LLC TRC now owns 2,905 shares of the company’s stock worth $26,000 after buying an additional 2,188 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in Camping World during the third quarter worth approximately $722,000. 41.10% of the stock is owned by institutional investors.

NYSE:CWH traded up $0.32 on Friday, hitting $13.62. The company’s stock had a trading volume of 672,850 shares, compared to its average volume of 860,301. The company has a current ratio of 1.38, a quick ratio of 0.27 and a debt-to-equity ratio of 79.52. The stock has a fifty day moving average of $10.96 and a two-hundred day moving average of $10.33. The firm has a market capitalization of $1.17 billion, a P/E ratio of 12.16 and a beta of 3.23. Camping World has a one year low of $7.12 and a one year high of $17.01.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date of this dividend is Friday, December 13th. Camping World’s dividend payout ratio is presently 28.57%.

About Camping World

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.

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