Brokerages expect Camping World Holdings Inc (NYSE:CWH) to post sales of $1.48 billion for the current quarter, according to Zacks. Five analysts have issued estimates for Camping World’s earnings. The lowest sales estimate is $1.46 billion and the highest is $1.49 billion. Camping World posted sales of $1.28 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 15.6%. The company is scheduled to issue its next earnings report on Thursday, August 9th.
According to Zacks, analysts expect that Camping World will report full-year sales of $5.02 billion for the current financial year, with estimates ranging from $4.93 billion to $5.14 billion. For the next fiscal year, analysts expect that the firm will post sales of $5.55 billion per share, with estimates ranging from $5.31 billion to $5.88 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover Camping World.
Camping World (NYSE:CWH) last posted its quarterly earnings data on Tuesday, May 8th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01). The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.06 billion. Camping World had a positive return on equity of 165.19% and a negative net margin of 0.50%. Camping World’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.38 EPS.
Shares of Camping World opened at $24.68 on Friday, according to MarketBeat Ratings. The company has a debt-to-equity ratio of 13.09, a quick ratio of 0.38 and a current ratio of 1.47. The firm has a market capitalization of $2.06 billion, a P/E ratio of 10.78, a PEG ratio of 0.66 and a beta of 2.53. Camping World has a twelve month low of $18.16 and a twelve month high of $47.62.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 15th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, June 14th. Camping World’s dividend payout ratio (DPR) is presently 13.97%.
In related news, Director Kent Dillon Schickli acquired 25,000 shares of the business’s stock in a transaction on Thursday, May 24th. The shares were bought at an average cost of $19.96 per share, with a total value of $499,000.00. Following the completion of the transaction, the director now directly owns 37,974 shares of the company’s stock, valued at approximately $757,961.04. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Marcus Lemonis acquired 8,000 shares of the business’s stock in a transaction on Wednesday, May 16th. The stock was bought at an average cost of $22.11 per share, for a total transaction of $176,880.00. The disclosure for this purchase can be found here. Insiders acquired 48,000 shares of company stock worth $997,280 over the last three months. 49.20% of the stock is currently owned by corporate insiders.
A number of large investors have recently added to or reduced their stakes in the business. Meridian Investment Counsel Inc. purchased a new stake in shares of Camping World during the fourth quarter worth about $201,000. M&T Bank Corp acquired a new position in Camping World in the fourth quarter worth about $203,000. Jane Street Group LLC acquired a new position in Camping World in the fourth quarter worth about $216,000. Caxton Associates LP acquired a new position in Camping World in the fourth quarter worth about $224,000. Finally, Guggenheim Capital LLC acquired a new position in Camping World in the fourth quarter worth about $227,000. 44.70% of the stock is currently owned by institutional investors.
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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