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Camping World (CWH) Dips More Than Broader Markets: What You Should Know

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Camping World (CWH - Free Report) closed at $40.40 in the latest trading session, marking a -1.13% move from the prior day. This change lagged the S&P 500's daily loss of 0.26%. At the same time, the Dow lost 0.16%, and the tech-heavy Nasdaq lost 0.04%.

Prior to today's trading, shares of the recreational vehicle retailer and services provider had lost 0.83% over the past month. This has lagged the Consumer Discretionary sector's gain of 1.56% and the S&P 500's gain of 4.82% in that time.

Wall Street will be looking for positivity from Camping World as it approaches its next earnings report date. In that report, analysts expect Camping World to post earnings of $0.73 per share. This would mark year-over-year growth of 52.08%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.32 billion, up 16.7% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $6.59 per share and revenue of $6.86 billion. These totals would mark changes of +80.05% and +25.94%, respectively, from last year.

Investors should also note any recent changes to analyst estimates for Camping World. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

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. The Zacks Consensus EPS estimate has moved 1.83% higher within the past month. Camping World is holding a Zacks Rank of #2 (Buy) right now.

Digging into valuation, Camping World currently has a Forward P/E ratio of 6.2. This valuation marks a discount compared to its industry's average Forward P/E of 26.81.

The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 75, putting it in the top 30% 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.

To follow CWH in the coming trading sessions, be sure to utilize Zacks.com.


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