Camping World (CWH) Gains As The Market Goes Down: What You Need To Know – September 16, 2021
During the last trading session, Camping World (CWH – Free Report) closed at $ 39.21, marking a movement of + 0.93% from the previous day. The stock topped the S&P 500’s 0.16% daily loss.
Prior to today, shares of the recreational vehicle retailer and service provider had gained 6.91% over the past month, outpacing the 0.29% gain in the consumer discretionary sector and the gain of 0.46% of the S&P 500 during this period.
Investors are hoping for strength from CWH as the next publication of its results approaches. On that day, CWH is expected to report earnings of $ 1.72 per share, which would represent 8.86% year-over-year growth. Our most recent consensus estimate projects quarterly revenue of $ 1.85 billion, up 10.36% from the previous year.
For the full year, our Zacks consensus estimates project earnings of $ 6.09 per share and revenue of $ 6.71 billion, which would represent changes of + 66.39% and + 23 , 29%, respectively, compared to the previous year.
Investors might also notice recent changes in analyst estimates for CWH. These revisions generally reflect the latest short-term business trends, which can change frequently. With this in mind, we can take positive estimate revisions as a sign of optimism about the company’s business prospects.
Our research shows that these changes in estimate are directly correlated with short-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model that takes these rating changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from # 1 (strong buy) to # 5 (strong sell), has an impressive externally audited outperformance history, with # 1 stocks generating an average annual return of + 25% since 1988. Over last month, the Zacks Consensus EPS estimate fell 1.4%. CWH currently holds a Zacks rank of # 3 (Hold).
In view of its valuation, CWH has a forward P / E ratio of 6.38. This valuation marks a discount compared to the average Forward P / E for its sector of 38.13.
The leisure and leisure services industry is part of the consumer discretionary sector. This industry currently has a Zacks Industry Rank of 176, which places it in the lowest 31% of all 250+ industries.
The Zacks Industry Rank measures the strength of our industry groups by measuring the average Zacks Rank of individual stocks within groups. Our research shows that the top 50% of industries top the bottom half by a factor of 2 to 1.
Make sure to use Zacks. Com to track all of these stock market metrics, and more, over future trading sessions.