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Camping World (CWH) Outpaces Stock Market Gains: What You Should Know

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Camping World (CWH - Free Report) closed the most recent trading day at $24.41, moving +0.49% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.25%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq gained 7.26%.

Prior to today's trading, shares of the recreational vehicle retailer and services provider had gained 9.56% over the past month. This has lagged the Consumer Discretionary sector's gain of 15.45% and outpaced the S&P 500's gain of 5.73% in that time.

Investors will be hoping for strength from Camping World as it approaches its next earnings release. The company is expected to report EPS of $0.02, down 97.78% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.27 billion, down 7.79% from the prior-year quarter.

Any recent changes to analyst estimates for Camping World should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Camping World is currently sporting a Zacks Rank of #3 (Hold).

Looking at its valuation, Camping World is holding a Forward P/E ratio of 8.16. Its industry sports an average Forward P/E of 20.26, so we one might conclude that Camping World is trading at a discount comparatively.

The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 72, putting it in the top 29% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


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