Back to top

Image: Bigstock

Camping World (CWH) Gains As Market Dips: What You Should Know

Read MoreHide Full Article

Camping World (CWH - Free Report) closed the most recent trading day at $26.83, moving +1.13% from the previous trading session. This change outpaced the S&P 500's 1.08% loss on the day. At the same time, the Dow lost 0.81%, and the tech-heavy Nasdaq gained 0.22%.

Coming into today, shares of the recreational vehicle retailer and services provider had lost 4.4% in the past month. In that same time, the Consumer Discretionary sector gained 3.17%, while the S&P 500 gained 1.03%.

Wall Street will be looking for positivity from Camping World as it approaches its next earnings report date. The company is expected to report EPS of $1.72, down 31.47% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.05 billion, down 0.59% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $4.85 per share and revenue of $6.94 billion, which would represent changes of -29.51% and +0.44%, respectively, from the prior 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.

Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 3.28% lower within the past month. Camping World is currently sporting a Zacks Rank of #5 (Strong Sell).

In terms of valuation, Camping World is currently trading at a Forward P/E ratio of 5.47. This represents a discount compared to its industry's average Forward P/E of 12.31.

The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 170, which puts it in the bottom 33% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Camping World (CWH) - free report >>

Published in