Camping World Holdings Inc. (CWH) Set to Announce Earnings on Thursday
Camping World Holdings Inc. (NYSE:CWH) will post its quarterly earnings results after the market closes on Thursday, November 9th. Analysts expect Camping World Holdings to post earnings of $0.62 per share for the quarter.
Camping World Holdings (NYSE:CWH) last released its quarterly earnings data on Thursday, August 10th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.15. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.16 billion. Camping World Holdings had a net margin of 2.51% and a negative return on equity of 319.74%. Camping World Holdings’s quarterly revenue was up 20.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 earnings per share. On average, analysts expect Camping World Holdings to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Camping World Holdings Inc. (NYSE:CWH) opened at $42.30 on Wednesday. The firm has a market cap of $3,759.06 and a PE ratio of 18.71. Camping World Holdings Inc. has a 12 month low of $20.51 and a 12 month high of $45.84. The company has a debt-to-equity ratio of 3.20, a quick ratio of 0.38 and a current ratio of 1.34.
ILLEGAL ACTIVITY NOTICE: “Camping World Holdings Inc. (CWH) Set to Announce Earnings on Thursday” was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece of content on another domain, it was stolen and reposted in violation of US & international trademark & copyright laws. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/11/08/camping-world-holdings-inc-cwh-set-to-announce-earnings-on-thursday.html.
Several equities research analysts recently weighed in on the stock. Wells Fargo & Company reiterated an “outperform” rating and set a $48.00 price objective (up previously from $37.00) on shares of Camping World Holdings in a research note on Tuesday. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Camping World Holdings from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research note on Wednesday, November 1st. Bank of America Corporation raised their price target on shares of Camping World Holdings from $42.00 to $48.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. Credit Suisse Group restated an “outperform” rating and issued a $45.00 price target (up previously from $43.00) on shares of Camping World Holdings in a research note on Tuesday, October 31st. Finally, BMO Capital Markets restated an “outperform” rating and issued a $53.00 price target (up previously from $40.00) on shares of Camping World Holdings in a research note on Monday, October 30th. Thirteen research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Camping World Holdings currently has a consensus rating of “Buy” and an average target price of $43.11.
In related news, insider Roger L. Nuttall sold 67,146 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $38.55, for a total transaction of $2,588,478.30. Following the transaction, the insider now owns 79,259 shares in the company, valued at $3,055,434.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Marcus Lemonis sold 100,695 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $40.50, for a total transaction of $4,078,147.50. The disclosure for this sale can be found here. Insiders have sold 8,239,274 shares of company stock worth $332,471,945 in the last quarter. Company insiders own 66.60% of the company’s stock.
About Camping World Holdings
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.
Receive News & Stock Ratings for Camping World Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World Holdings Inc. and related stocks with our FREE daily email newsletter.