Winnebago Industries (NYSE:WGO) Updates FY25 Earnings Guidance

Winnebago Industries (NYSE:WGO) updated its FY25 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $3.10-$4.40 for the period, compared to the consensus estimate of $3.38. The company issued revenue guidance of $2.90-$3.20 billion, compared to the consensus revenue estimate of $2.99 billion.

Wall Street Analyst Weigh In

Several equities analysts recently commented on WGO shares. DA Davidson cut their target price on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a research note on Tuesday. Truist Financial cut their price target on shares of Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Northcoast Research upgraded Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 target price for the company in a research note on Monday, November 11th. StockNews.com downgraded Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Finally, Benchmark reissued a “buy” rating and set a $70.00 price target on shares of Winnebago Industries in a research note on Monday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $66.63.

Winnebago Industries Stock Up 0.4 %

WGO stock opened at $48.10 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.44 and a quick ratio of 1.36. The business’s fifty day moving average price is $56.76 and its two-hundred day moving average price is $56.96. Winnebago Industries has a fifty-two week low of $47.10 and a fifty-two week high of $74.61. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 160.34 and a beta of 1.60.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.23). Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The firm had revenue of $625.60 million for the quarter, compared to analyst estimates of $672.23 million. During the same quarter in the prior year, the business posted $1.06 EPS. The business’s revenue was down 18.0% on a year-over-year basis. On average, equities analysts anticipate that Winnebago Industries will post 3.52 earnings per share for the current year.

Winnebago Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date is Wednesday, January 15th. Winnebago Industries’s payout ratio is -206.06%.

Insiders Place Their Bets

In other Winnebago Industries news, Director William C. Fisher acquired 2,000 shares of the company’s stock in a transaction on Monday, October 28th. The shares were purchased at an average cost of $54.81 per share, with a total value of $109,620.00. Following the completion of the purchase, the director now owns 32,267 shares of the company’s stock, valued at approximately $1,768,554.27. This represents a 6.61 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael J. Happe purchased 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The stock was acquired at an average cost of $55.52 per share, for a total transaction of $138,800.00. Following the transaction, the chief executive officer now owns 285,953 shares in the company, valued at $15,876,110.56. This represents a 0.88 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 4.63% of the company’s stock.

About Winnebago Industries

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.