Camping World (NYSE:CWH) Issues Earnings Results

Camping World (NYSE:CWH) posted its quarterly earnings data on Tuesday. The company reported ($0.55) earnings per share for the quarter, meeting 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 Performance

Shares of Camping World stock traded down $0.11 on Tuesday, reaching $20.75. 1,783,758 shares of the company were exchanged, compared to its average volume of 1,238,914. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of -30.08, a P/E/G ratio of 0.92 and a beta of 2.49. Camping World has a 1-year low of $17.29 and a 1-year high of $28.72. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The company’s 50-day moving average is $22.11 and its two-hundred day moving average is $22.55.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be paid a $0.125 dividend. 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 payout ratio is currently -72.46%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Truist Financial raised 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. KeyCorp increased their price target on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Raymond James raised Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective for the company in a report on Wednesday, October 30th. Finally, Roth Mkm reiterated a “buy” rating and issued a $28.00 target price (up previously from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.71.

Camping World Company Profile

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.