Wall Street brokerages expect Camping World Holdings Inc. (NYSE:CWH) to report $0.69 earnings per share for the current quarter, Zacks reports. Five analysts have made estimates for Camping World Holdings’ earnings, with the highest EPS estimate coming in at $0.75 and the lowest estimate coming in at $0.62. The business is scheduled to issue its next earnings results on Thursday, August 3rd.
On average, analysts expect that Camping World Holdings will report full year earnings of $1.83 per share for the current year, with EPS estimates ranging from $1.73 to $1.90. For the next financial year, analysts forecast that the business will post earnings of $1.96 per share, with EPS estimates ranging from $1.86 to $2.03. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Camping World Holdings.
Camping World Holdings (NYSE:CWH) last posted its earnings results on Thursday, May 4th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.03. The business had revenue of $883.80 million for the quarter, compared to analysts’ expectations of $845.69 million. Camping World Holdings’s revenue was up 10.8% compared to the same quarter last year.
Several equities research analysts have recently weighed in on CWH shares. Zacks Investment Research upgraded Camping World Holdings from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a report on Monday, April 17th. Forward View downgraded Camping World Holdings from a “buy” rating to a “hold” rating and set a $33.00 price target on the stock. in a report on Thursday, March 16th. ValuEngine upgraded Camping World Holdings from a “hold” rating to a “buy” rating in a report on Thursday, May 25th. Credit Suisse Group reiterated an “outperform” rating and issued a $36.00 price target on shares of Camping World Holdings in a report on Friday, June 2nd. Finally, Wells Fargo & Company upgraded Camping World Holdings from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a report on Tuesday, May 30th. Two equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $31.72.
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Camping World Holdings (NYSE CWH) traded down 0.96% during trading on Tuesday, hitting $28.78. The stock had a trading volume of 777,455 shares. The stock has a 50 day moving average price of $29.21 and a 200-day moving average price of $31.10. Camping World Holdings has a 12 month low of $20.45 and a 12 month high of $36.60. The stock’s market cap is $555.51 million.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 16th will be issued a dividend of $0.153 per share. The ex-dividend date of this dividend is Wednesday, June 14th. This represents a $0.61 annualized dividend and a yield of 2.13%.
In other Camping World Holdings news, Director Crestview Partners Ii Gp, L.P. sold 5,500,000 shares of the firm’s stock in a transaction on Wednesday, May 31st. The stock was sold at an average price of $27.75, for a total transaction of $152,625,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Brent L. Moody sold 1,200 shares of the firm’s stock in a transaction on Thursday, April 27th. The stock was sold at an average price of $32.01, for a total value of $38,412.00. Following the transaction, the insider now owns 900 shares in the company, valued at $28,809. The disclosure for this sale can be found here. Insiders have sold a total of 6,334,778 shares of company stock worth $175,829,372 over the last 90 days. 66.60% of the stock is currently owned by company insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CWH. Quantbot Technologies LP increased its position in Camping World Holdings by 180.2% in the first quarter. Quantbot Technologies LP now owns 5,686 shares of the company’s stock valued at $183,000 after buying an additional 3,657 shares during the last quarter. FNY Partners Fund LP purchased a new position in Camping World Holdings during the first quarter valued at approximately $193,000. Nationwide Fund Advisors increased its position in Camping World Holdings by 16.0% in the first quarter. Nationwide Fund Advisors now owns 7,205 shares of the company’s stock valued at $232,000 after buying an additional 993 shares during the last quarter. American International Group Inc. purchased a new position in Camping World Holdings during the first quarter valued at approximately $233,000. Finally, Koch Industries Inc. purchased a new position in Camping World Holdings during the first quarter valued at approximately $249,000. Institutional investors own 86.32% of the company’s stock.
Camping World Holdings Company Profile
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including 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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