Winnebago Industries, Inc. (NYSE:WGO) has been given an average recommendation of “Buy” by the ten research firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $35.20.
A number of research analysts have recently commented on WGO shares. BidaskClub cut shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 12th. Stifel Nicolaus started coverage on shares of Winnebago Industries in a report on Thursday, July 6th. They issued a “buy” rating and a $40.00 price target on the stock. BMO Capital Markets restated a “hold” rating and issued a $34.00 price target on shares of Winnebago Industries in a report on Friday, September 1st. Zacks Investment Research cut shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Wednesday, August 30th. Finally, ValuEngine upgraded shares of Winnebago Industries from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st.
Winnebago Industries (WGO) traded up 0.38% during midday trading on Friday, hitting $39.40. 404,560 shares of the stock traded hands. The firm’s 50-day moving average is $36.15 and its 200-day moving average is $31.42. Winnebago Industries has a 52-week low of $22.28 and a 52-week high of $40.90. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 19.68 and a beta of 1.97.
Winnebago Industries (NYSE:WGO) last posted its quarterly earnings data on Wednesday, June 21st. The construction company reported $0.94 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.22. The business had revenue of $476.40 million for the quarter, compared to analysts’ expectations of $440.94 million. Winnebago Industries had a net margin of 4.39% and a return on equity of 20.01%. The business’s revenue was up 75.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.53 earnings per share. Analysts predict that Winnebago Industries will post $2.23 EPS for the current year.
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Several hedge funds and other institutional investors have recently bought and sold shares of WGO. SG Americas Securities LLC bought a new position in shares of Winnebago Industries in the second quarter worth about $107,000. Pinebridge Investments L.P. lifted its stake in Winnebago Industries by 1.0% in the second quarter. Pinebridge Investments L.P. now owns 3,496 shares of the construction company’s stock worth $123,000 after acquiring an additional 35 shares during the period. Victory Capital Management Inc. lifted its stake in Winnebago Industries by 17.6% in the second quarter. Victory Capital Management Inc. now owns 3,582 shares of the construction company’s stock worth $125,000 after acquiring an additional 536 shares during the period. O Shaughnessy Asset Management LLC lifted its stake in Winnebago Industries by 33.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 4,689 shares of the construction company’s stock worth $137,000 after acquiring an additional 1,165 shares during the period. Finally, Mason Street Advisors LLC lifted its stake in Winnebago Industries by 7.3% in the first quarter. Mason Street Advisors LLC now owns 6,204 shares of the construction company’s stock worth $181,000 after acquiring an additional 424 shares during the period. Hedge funds and other institutional investors own 84.65% of the company’s stock.
Winnebago Industries Company Profile
Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.
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