Camping World (NYSE:CWH) Announces Quarterly Earnings Results

Camping World (NYSE:CWH) announced its quarterly earnings results on Tuesday. The company reported ($0.55) earnings per share 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 Price Performance

CWH traded down $0.11 during midday trading on Tuesday, reaching $20.75. 1,838,517 shares of the company’s stock were exchanged, compared to its average volume of 1,240,531. The stock has a market capitalization of $1.76 billion, a PE ratio of -30.08, a P/E/G ratio of 0.92 and a beta of 2.49. The business’s 50-day moving average price is $22.11 and its 200 day moving average price is $22.55. 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 current ratio of 1.23 and a quick ratio of 0.19.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio (DPR) is -72.46%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Raymond James upgraded shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price target for the company in a research note on Wednesday, October 30th. KeyCorp increased their price objective on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Roth Mkm reaffirmed a “buy” rating and issued a $28.00 price objective (up previously from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. Finally, Truist Financial upped their price target on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.