Winnebago Industries (NYSE:WGO – Get Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $3.00-$4.50 for the period, compared to the consensus EPS estimate of $5.30. The company issued revenue guidance of $2.90-$3.20 billion, compared to the consensus revenue estimate of $3.19 billion.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on WGO shares. Citigroup increased their price objective on Winnebago Industries from $71.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. StockNews.com downgraded Winnebago Industries from a “hold” rating to a “sell” rating in a report on Friday, October 18th. Benchmark dropped their target price on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, Truist Financial boosted their price target on shares of Winnebago Industries from $65.00 to $68.00 and gave the company a “buy” rating in a report on Friday, September 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $69.29.
Check Out Our Latest Report on Winnebago Industries
Winnebago Industries Price Performance
Winnebago Industries Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 11th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 2.34%. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, September 11th. Winnebago Industries’s payout ratio is 52.51%.
Insider Activity at Winnebago Industries
In other Winnebago Industries news, SVP Stacy L. Bogart sold 3,333 shares of the firm’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $57.98, for a total value of $193,247.34. Following the completion of the sale, the senior vice president now owns 41,315 shares of the company’s stock, valued at approximately $2,395,443.70. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.75% of the stock is currently owned by corporate insiders.
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.
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