Analysts predict that Camping World Holdings Inc (NYSE:CWH) will announce sales of $1.02 billion for the current quarter, Zacks reports. Five analysts have issued estimates for Camping World’s earnings. The lowest sales estimate is $999.70 million and the highest is $1.05 billion. Camping World posted sales of $982.39 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 3.8%. The company is scheduled to announce its next earnings report on Thursday, March 5th.
According to Zacks, analysts expect that Camping World will report full-year sales of $4.95 billion for the current fiscal year, with estimates ranging from $4.93 billion to $4.98 billion. For the next financial year, analysts forecast that the business will report sales of $4.95 billion, with estimates ranging from $4.83 billion to $5.06 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Camping World.
A number of analysts have weighed in on the company. Citigroup upped their price target on Camping World from $11.00 to $14.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Northcoast Research upgraded Camping World from a “neutral” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Tuesday, January 14th. ValuEngine cut Camping World from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, Zacks Investment Research upgraded Camping World from a “sell” rating to a “hold” rating in a research report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $13.41.
Institutional investors and hedge funds have recently modified their holdings of the company. Point72 Hong Kong Ltd bought a new position in shares of Camping World during the fourth quarter worth about $99,000. Point72 Asset Management L.P. bought a new position in shares of Camping World during the fourth quarter worth about $196,000. Cubist Systematic Strategies LLC bought a new position in shares of Camping World during the fourth quarter worth about $55,000. Prentice Capital Management LP acquired a new position in Camping World during the fourth quarter valued at approximately $2,770,000. Finally, Ellington Management Group LLC acquired a new position in Camping World during the fourth quarter valued at approximately $305,000. 41.07% of the stock is currently owned by institutional investors and hedge funds.
NYSE:CWH traded up $0.12 during trading hours on Friday, reaching $16.01. The company had a trading volume of 343,400 shares, compared to its average volume of 587,648. The stock has a 50-day moving average of $15.25 and a two-hundred day moving average of $11.47. Camping World has a one year low of $7.12 and a one year high of $16.96. The firm has a market capitalization of $1.41 billion, a PE ratio of -9.36, a PEG ratio of 12.84 and a beta of 3.28. The company has a quick ratio of 0.27, a current ratio of 1.38 and a debt-to-equity ratio of 79.52.
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.
See Also: Market Indexes
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.