Camping World (NYSE:CWH) Releases Earnings Results, Hits Estimates

Camping World (NYSE:CWH) announced its earnings results on Tuesday. The company reported ($0.55) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.55), Zacks reports. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%.

Camping World Stock Down 0.5 %

Shares of NYSE:CWH traded down $0.11 during midday trading on Tuesday, hitting $20.75. 1,783,758 shares of the company’s stock traded hands, compared to its average volume of 1,238,914. The firm’s fifty day moving average price is $22.11 and its two-hundred day moving average price is $22.55. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. Camping World has a twelve month low of $17.29 and a twelve month high of $28.72. The company has a market cap of $1.76 billion, a PE ratio of -30.08, a P/E/G ratio of 0.92 and a beta of 2.49.

Camping World Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 2.41%. Camping World’s dividend payout ratio (DPR) is -72.46%.

Analysts Set New Price Targets

A number of research analysts have weighed in on CWH shares. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Bank of America initiated coverage on Camping World in a research report on Thursday, December 19th. They set a “buy” rating and a $30.00 target price on the stock. Roth Mkm restated a “buy” rating and issued a $28.00 price target (up previously from $26.00) on shares of Camping World in a report on Wednesday, October 30th. Truist Financial increased their price objective on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Finally, Raymond James upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price for the company in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $27.71.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.