Winnebago Industries, Inc. (NYSE:WGO – Free Report) – Stock analysts at Zacks Research issued their FY2027 earnings estimates for Winnebago Industries in a research report issued on Wednesday, November 6th. Zacks Research analyst L. Shahu forecasts that the construction company will post earnings of $5.73 per share for the year. The consensus estimate for Winnebago Industries’ current full-year earnings is $3.67 per share.
A number of other research firms have also recently weighed in on WGO. BMO Capital Markets cut their price objective on shares of Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. StockNews.com cut Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Benchmark dropped their price objective on Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, October 22nd. Robert W. Baird reduced their target price on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Finally, Truist Financial dropped their price target on shares of Winnebago Industries from $68.00 to $64.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.13.
Winnebago Industries Trading Up 6.5 %
Shares of NYSE:WGO opened at $65.10 on Monday. The company has a market capitalization of $1.88 billion, a PE ratio of 217.01 and a beta of 1.60. Winnebago Industries has a 12-month low of $49.68 and a 12-month high of $75.42. The business has a 50 day moving average of $57.66 and a two-hundred day moving average of $58.13. The company has a current ratio of 2.44, a quick ratio of 1.36 and a debt-to-equity ratio of 0.50.
Winnebago Industries (NYSE:WGO – Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.61). The company had revenue of $720.90 million during the quarter, compared to analyst estimates of $718.72 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The business’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same period last year, the firm earned $1.59 EPS.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Bayesian Capital Management LP purchased a new stake in Winnebago Industries in the first quarter valued at $681,000. 1832 Asset Management L.P. raised its holdings in Winnebago Industries by 484.1% in the 1st quarter. 1832 Asset Management L.P. now owns 1,004,077 shares of the construction company’s stock valued at $74,302,000 after buying an additional 832,187 shares during the period. Quest Partners LLC lifted its position in Winnebago Industries by 3,334.2% in the second quarter. Quest Partners LLC now owns 17,583 shares of the construction company’s stock valued at $953,000 after buying an additional 17,071 shares during the last quarter. XTX Topco Ltd purchased a new position in Winnebago Industries during the second quarter worth about $670,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Winnebago Industries during the third quarter valued at about $850,000.
Insider Buying and Selling
In other Winnebago Industries news, SVP Bret A. Woodson sold 12,187 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $56.64, for a total value of $690,271.68. Following the completion of the sale, the senior vice president now owns 23,728 shares in the company, valued at approximately $1,343,953.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Winnebago Industries news, SVP Bret A. Woodson sold 12,187 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $56.64, for a total value of $690,271.68. Following the completion of the sale, the senior vice president now directly owns 23,728 shares of the company’s stock, valued at $1,343,953.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William C. Fisher purchased 2,000 shares of Winnebago Industries stock in a transaction dated Monday, October 28th. The shares were bought at an average price of $54.81 per share, for a total transaction of $109,620.00. Following the acquisition, the director now owns 32,267 shares in the company, valued at approximately $1,768,554.27. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 3.75% of the stock is currently owned by company insiders.
Winnebago Industries Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th were paid a $0.34 dividend. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend was Wednesday, September 11th. Winnebago Industries’s dividend payout ratio (DPR) is currently 453.35%.
Winnebago Industries Company Profile
Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.
See Also
- Five stocks we like better than Winnebago Industries
- 3 Stocks to Consider Buying in October
- 2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Monday.com’s Manic Price Pullback Is a Signal to Buy
- What is a Death Cross in Stocks?
- 3 “Made in America” Stocks to Benefit From the Trump Presidency
Receive News & Ratings for Winnebago Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Winnebago Industries and related companies with MarketBeat.com's FREE daily email newsletter.