Marcus Lemonis' recent sale at around US$25.62 raises caution. The lack of insider buying and insignificant insider ownership suggest careful consideration before buying shares.
Camping World Holdings' diminishing returns on capital and high current liabilities to total assets ratio pose risks. Despite stock's growth, fundamentals do not inspire confidence.
The author sees Nvidia's AI growth extending into fiscal 2025 and beyond, and views a $20 entry level for CWH stock as a great long-term investment, given its 2.0% yield from a $0.50 annual dividend. They back CWH's decision to slash its dividend by 80% to finance acquisitions, arguing that the extra revenue and cash flow from new locations will compensate for the dividend loss. The author recommends buying CWH, with or without options.
The company's performance this quarter was mediocre, with revenue and same-store sales declining. However, it exceeded analysts' gross margin expectations. Its used vehicle revenue missed estimates by a wide margin, while its new vehicle revenue beat estimates significantly. The company's stock is down 4.5% on the results.
Camping World outperformed analysts' earnings estimates, while Lithia Motors and CarMax had mixed results. America's Car-Mart underperformed with increased credit losses.
CEO Marcus Lemonis expressed that the acquisition of Roth RV strengthens Camping World's presence in Minnesota and aligns with their expansion strategy.
Insiders owning large parts of Camping World is viewed favorably, despite no recent transactions. However, several warning signs suggest it may not be an ideal investment choice.
Analysts anticipate difficulties for the company to maintain its stock prices due to slow revenue growth. A potential risk looms of share prices falling if investors get swayed by this sluggish revenue growth.
The company's ROE is less impressive due to substantial debt, indicating potential risks. High multiples of earnings, future profit growth, and required future investments need consideration for a full analysis.
露营世界股票讨论区
5年来毛利率从29.1%下滑到25.1%后又上升至34.6%,因为净资产很小,所以净资产收益率没有太大参考价值。
5年来营收连续增长,平均增速14.4%,营业利润则是下滑至2019年后连续两年大幅增长,净利润曲线和营业利润类似,2019年进入亏损区间后连续快速增长两年。
2022前两季度营收增长5.8%,营业利润下滑16%,净利润下滑22.4%至3亿美元。
利润表显示公司利息费用最近3年从1.1亿下降到6100万,降幅明显,2021年利息费用占营业利润的不到8%,负担不高,2022前两季度提高到11%,仍可接受。
每年都有一部分资产减值和特殊费用,最近几年占比降到比较低的水平。
资产负债表5年来都在极高的比例,2022Q2降到了93.5%。
现金5年来提升不少,应收帐款变化不大,但是2022前两季度现金快速下降,同时应收帐款快速增加。
2021年存货增加6.6亿达到17.9亿,达到2021年营收的25%,增幅达到...
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