Camping World (CWH) Set to Announce Quarterly Earnings on Wednesday

Camping World (NYSE:CWH) will be issuing its quarterly earnings data after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.64 per share for the quarter.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Wednesday, May 8th. The company reported ($0.74) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.76). Camping World had a positive return on equity of 85.77% and a negative net margin of 0.16%. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.06 billion.

Camping World stock traded up $0.16 during midday trading on Wednesday, hitting $11.72. The company’s stock had a trading volume of 14,272 shares, compared to its average volume of 552,538. Camping World has a 1-year low of $10.12 and a 1-year high of $23.60. The company has a debt-to-equity ratio of 264.05, a quick ratio of 0.22 and a current ratio of 1.35. The company has a 50-day simple moving average of $11.74. The company has a market capitalization of $1.02 billion, a P/E ratio of 10.44 and a beta of 2.92.

CWH has been the subject of several analyst reports. Bank of America initiated coverage on shares of Coty in a research note on Thursday, May 9th. They issued a “neutral” rating and a $12.00 price objective for the company. Robert W. Baird set a $81.00 price objective on shares of W. R. Grace & Co and gave the stock a “buy” rating in a research note on Friday, July 26th. Zacks Investment Research cut shares of GENEL ENERGY PL/ADR from a “buy” rating to a “hold” rating in a research note on Tuesday, May 7th. BMO Capital Markets set a $10.00 target price on shares of United Natural Foods and gave the company a “hold” rating in a report on Friday, June 7th. Finally, ValuEngine lowered shares of Yext from a “strong-buy” rating to a “buy” rating in a report on Friday, May 10th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.36.

In related news, CEO Marcus Lemonis purchased 100,000 shares of the firm’s stock in a transaction that occurred on Monday, May 13th. The shares were bought at an average cost of $11.24 per share, with a total value of $1,124,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Abrams Capital Management, L.P purchased 500,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The shares were bought at an average cost of $12.03 per share, for a total transaction of $6,015,000.00. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 1,357,260 shares of company stock worth $16,000,647. Insiders own 49.40% of the company’s stock.

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.

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Earnings History for Camping World (NYSE:CWH)

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