Camping World (NYSE:CWH) Announces Quarterly Earnings Results, Misses Expectations By $0.33 EPS

Camping World (NYSE:CWH) released its quarterly earnings data on Monday. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.33), FiscalAI reports. Camping World had a negative return on equity of 3.52% and a negative net margin of 1.55%. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.65 billion.

Camping World Stock Performance

CWH traded up $0.34 during trading on Monday, hitting $5.34. The company’s stock had a trading volume of 2,655,304 shares, compared to its average volume of 2,654,023. The business’s 50 day simple moving average is $5.38 and its 200-day simple moving average is $7.42. The firm has a market cap of $552.01 million, a PE ratio of -3.45 and a beta of 2.15. Camping World has a one year low of $3.96 and a one year high of $15.18. The company has a quick ratio of 0.30, a current ratio of 1.22 and a debt-to-equity ratio of 3.77.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CWH. Wall Street Zen raised shares of Camping World from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Bank of America reissued a “buy” rating and set a $14.00 price objective on shares of Camping World in a report on Friday, July 31st. Northcoast Research set a $11.00 price objective on shares of Camping World in a research report on Monday, October 19th. Truist Financial dropped their target price on shares of Camping World from $14.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, September 10th. Finally, Roth Capital restated a “buy” rating and issued a $10.00 target price (down from $12.00) on shares of Camping World in a report on Monday, September 28th. Nine investment analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Camping World has a consensus rating of “Moderate Buy” and a consensus target price of $10.48.

Camping World Company Profile

Camping World Holdings, Inc is a recreational vehicle retailer and service provider operating under the Camping World brand. The company sells new and used motorized and towable recreational vehicles, including motorhomes, travel trailers and fifth-wheel trailers, serving consumers across the United States.

In addition to vehicle sales, Camping World provides related products and services through its dealership network. These offerings include RV parts and accessories, maintenance and repair services, vehicle financing and insurance products, and other ownership-related services.