Camping World (NYSE:CWH) Announces Earnings Results

Share on StockTwits

Camping World (NYSE:CWH) announced its quarterly earnings data on Thursday. The company reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.04), Briefing.com reports. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Camping World had a negative return on equity of 9.12% and a negative net margin of 0.37%. Camping World’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.49 EPS.

Shares of Camping World stock traded up $0.84 during trading on Friday, hitting $10.61. The stock had a trading volume of 1,660,589 shares, compared to its average volume of 874,812. The firm’s fifty day simple moving average is $9.07 and its 200-day simple moving average is $10.51. The stock has a market cap of $856.14 million, a PE ratio of 9.47 and a beta of 3.13. The company has a debt-to-equity ratio of 79.52, a current ratio of 1.35 and a quick ratio of 0.26. Camping World has a 12 month low of $7.12 and a 12 month high of $19.57.

Several research analysts have recently issued reports on the stock. Robert W. Baird downgraded shares of Camping World from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $18.00 to $12.00 in a research note on Friday, July 26th. ValuEngine raised shares of Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. Zacks Investment Research raised shares of Camping World from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 5th. 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 research note on Friday, August 9th. Finally, Monness Crespi & Hardt reaffirmed a “buy” rating and set a $14.00 target price (down from $19.00) on shares of Camping World in a research note on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $13.14.

In other news, Director Andris A. Baltins bought 20,000 shares of the stock in a transaction dated Monday, August 12th. The stock was purchased at an average price of $9.02 per share, for a total transaction of $180,400.00. Following the acquisition, the director now owns 44,204 shares of the company’s stock, valued at $398,720.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Abrams Capital Management, L.P acquired 47,682 shares of the firm’s stock in a transaction that occurred on 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 disclosure for this purchase can be found here. Insiders bought a total of 1,087,330 shares of company stock valued at $8,529,783 in the last 90 days. Company insiders own 49.40% of the company’s stock.

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.

Recommended Story: What is the Dividend Aristocrat Index?

Earnings History for Camping World (NYSE:CWH)

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.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.