Equities analysts expect that Camping World Holdings Inc (NYSE:CWH) will announce $796.93 million in sales for the current fiscal quarter, Zacks reports. Five analysts have made estimates for Camping World’s earnings, with the highest sales estimate coming in at $817.75 million and the lowest estimate coming in at $765.30 million. Camping World reported sales of $670.03 million during the same quarter last year, which indicates a positive year over year growth rate of 18.9%. The firm is expected to report its next quarterly earnings report on Wednesday, March 14th.
According to Zacks, analysts expect that Camping World will report full-year sales of $796.93 million for the current fiscal year, with estimates ranging from $4.07 billion to $4.22 billion. For the next fiscal year, analysts expect that the firm will report sales of $4.73 billion per share, with estimates ranging from $4.55 billion to $4.81 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Camping World.
Camping World (NYSE:CWH) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.77 EPS for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.11. Camping World had a return on equity of 116.85% and a net margin of 1.20%. The firm had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the business posted $0.53 earnings per share. The firm’s revenue was up 25.0% compared to the same quarter last year.
Camping World (NYSE CWH) opened at $45.27 on Friday. Camping World has a 1 year low of $26.30 and a 1 year high of $47.62. The company has a market capitalization of $3,950.00 and a P/E ratio of 23.46. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.29 and a current ratio of 1.29.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were given a $0.08 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.71%. Camping World’s dividend payout ratio is currently 16.58%.
In related news, insider Brent L. Moody sold 100,000 shares of the business’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $45.47, for a total value of $4,547,000.00. Following the sale, the insider now owns 193,494 shares in the company, valued at approximately $8,798,172.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Roger L. Nuttall sold 33,555 shares of the business’s stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $45.78, for a total value of $1,536,147.90. Following the completion of the sale, the insider now owns 156,055 shares in the company, valued at approximately $7,144,197.90. The disclosure for this sale can be found here. Insiders sold 7,797,354 shares of company stock worth $316,467,007 in the last 90 days. Company insiders own 66.60% of the company’s stock.
Several hedge funds have recently bought and sold shares of CWH. Legal & General Group Plc raised its holdings in shares of Camping World by 6.7% in the 2nd quarter. Legal & General Group Plc now owns 3,353 shares of the company’s stock valued at $103,000 after buying an additional 211 shares during the period. Sawgrass Asset Management LLC purchased a new stake in shares of Camping World in the 3rd quarter valued at $203,000. Scotia Capital Inc. purchased a new stake in shares of Camping World in the 2nd quarter valued at $273,000. Invictus RG purchased a new stake in shares of Camping World in the 3rd quarter valued at $302,000. Finally, Capco Asset Management LLC purchased a new stake in shares of Camping World in the 3rd quarter valued at $306,000. Hedge funds and other institutional investors own 33.98% of the company’s stock.
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Camping World Company Profile
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.
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