Camping World (NYSE:CWH) Posts Earnings Results, Misses Expectations By $0.33 EPS

Camping World (NYSE:CWH) released its quarterly earnings results on Monday. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.33), FiscalAI reports. Camping World had a negative return on equity of 3.52% and a negative net margin of 1.55%. The firm had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.65 billion.

Camping World Stock Up 6.9%

NYSE CWH traded up $0.34 on Monday, hitting $5.34. 2,656,108 shares of the company were exchanged, compared to its average volume of 2,654,023. Camping World has a 12 month low of $3.96 and a 12 month high of $15.18. The company has a current ratio of 1.22, a quick ratio of 0.30 and a debt-to-equity ratio of 3.77. The company has a market cap of $552.01 million, a PE ratio of -3.45 and a beta of 2.15. The stock has a fifty day moving average of $5.38 and a 200-day moving average of $7.42.

Wall Street Analyst Weigh In

Several analysts recently weighed in on CWH shares. JPMorgan Chase & Co. reduced their price objective on shares of Camping World from $11.00 to $9.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 6th. Bank of America reiterated a “buy” rating and issued a $14.00 price target on shares of Camping World in a research report on Friday, July 31st. Citigroup reduced their price target on Camping World from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Tuesday, October 13th. Roth Capital reissued a “buy” rating and issued a $10.00 price target (down from $12.00) on shares of Camping World in a research note on Monday, September 28th. Finally, Zacks Research lowered Camping World from a “hold” rating to a “strong sell” rating in a research note on Friday, October 16th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Camping World currently has a consensus rating of “Moderate Buy” and an average target price of $10.48.

About Camping World

Camping World Holdings, Inc is a recreational vehicle retailer and service provider operating under the Camping World brand. The company sells new and used motorized and towable recreational vehicles, including motorhomes, travel trailers and fifth-wheel trailers, serving consumers across the United States.

In addition to vehicle sales, Camping World provides related products and services through its dealership network. These offerings include RV parts and accessories, maintenance and repair services, vehicle financing and insurance products, and other ownership-related services.