Camping World (NYSE:CWH) Releases Earnings Results, Meets Expectations

Camping World (NYSE:CWH) released its quarterly earnings results on Tuesday. The company reported ($0.55) EPS for the quarter, meeting the consensus estimate 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 %

CWH stock opened at $20.75 on Wednesday. The stock has a market capitalization of $1.76 billion, a P/E ratio of -30.08, a price-to-earnings-growth ratio of 0.92 and a beta of 2.49. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The firm has a 50-day moving average price of $22.09 and a 200-day moving average price of $22.55. Camping World has a 12 month low of $17.29 and a 12 month high of $28.72.

Camping World Dividend Announcement

The firm 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 dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.41%. The ex-dividend date is Friday, March 14th. Camping World’s payout ratio is -72.46%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CWH shares. Bank of America started coverage on Camping World in a research note on Thursday, December 19th. They issued a “buy” rating and a $30.00 price target for the company. Raymond James upgraded Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price for the company in a research report on Wednesday, October 30th. 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 research report on Wednesday, October 30th. KeyCorp boosted their price target on Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Finally, 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 research note on Monday, February 10th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.