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.
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?
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.