Winnebago Industries (NYSE:WGO) Issues Quarterly Earnings Results

Winnebago Industries (NYSE:WGO) released its quarterly earnings data on Thursday. The construction company reported $0.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.19, Zacks reports. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The company had revenue of $620.20 million for the quarter, compared to the consensus estimate of $621.41 million. During the same period in the previous year, the business earned $0.93 earnings per share. The company’s quarterly revenue was down 11.9% on a year-over-year basis. Winnebago Industries updated its FY25 guidance to $2.75-$3.75 EPS and its FY 2025 guidance to 2.750-3.750 EPS.

Winnebago Industries Stock Performance

Winnebago Industries stock opened at $37.67 on Friday. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51. Winnebago Industries has a twelve month low of $33.62 and a twelve month high of $74.10. The company has a market capitalization of $1.07 billion, a PE ratio of -57.07 and a beta of 1.70. The firm has a fifty day simple moving average of $41.71 and a two-hundred day simple moving average of $50.78.

Winnebago Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend is Wednesday, April 16th. Winnebago Industries’s payout ratio is currently -206.06%.

Insider Transactions at Winnebago Industries

In related news, Director Jacqueline D. Woods sold 1,503 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $44.32, for a total transaction of $66,612.96. Following the completion of the sale, the director now owns 10,985 shares of the company’s stock, valued at $486,855.20. This trade represents a 12.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 4.63% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently commented on WGO. Citigroup lowered their price target on shares of Winnebago Industries from $51.00 to $43.00 and set a “buy” rating for the company in a research report on Wednesday, March 19th. Truist Financial upped their price objective on Winnebago Industries from $56.00 to $58.00 and gave the company a “buy” rating in a research note on Monday, February 10th. KeyCorp dropped their price target on Winnebago Industries from $58.00 to $47.00 and set an “overweight” rating for the company in a report on Thursday, March 20th. DA Davidson lowered their target price on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a report on Tuesday, December 24th. Finally, Benchmark reissued a “buy” rating and issued a $70.00 price objective on shares of Winnebago Industries in a research note on Monday, December 23rd. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Winnebago Industries has an average rating of “Moderate Buy” and a consensus target price of $60.00.

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.