DA Davidson Brokers Increase Earnings Estimates for WGO

Winnebago Industries, Inc. (NYSE:WGO) – Equities researchers at DA Davidson raised their FY2025 earnings estimates for Winnebago Industries in a research note issued on Tuesday, December 24th. DA Davidson analyst B. Rolle now expects that the construction company will post earnings per share of $4.50 for the year, up from their prior forecast of $4.05. DA Davidson currently has a “Neutral” rating and a $54.00 price target on the stock. The consensus estimate for Winnebago Industries’ current full-year earnings is $3.52 per share.

Several other equities analysts have also recently weighed in on the stock. StockNews.com cut shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th. Truist Financial decreased their price objective on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Robert W. Baird dropped their target price on shares of Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. Northcoast Research raised shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price objective for the company in a research report on Monday, November 11th. Finally, BMO Capital Markets lowered their price objective on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. One 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.com, Winnebago Industries currently has a consensus rating of “Moderate Buy” and an average target price of $66.63.

Winnebago Industries Stock Down 2.5 %

Shares of Winnebago Industries stock opened at $46.92 on Friday. The firm has a market cap of $1.33 billion, a PE ratio of 156.41 and a beta of 1.60. The business’s 50 day simple moving average is $56.50 and its 200 day simple moving average is $56.88. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 2.44. Winnebago Industries has a 52-week low of $46.16 and a 52-week high of $74.10.

Winnebago Industries (NYSE:WGO) last released 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). The firm had revenue of $625.60 million during the quarter, compared to analyst estimates of $672.23 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The business’s revenue for the quarter was down 18.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.06 EPS.

Winnebago Industries Announces Dividend

The company 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 $0.34 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.36 dividend on an annualized basis and a yield of 2.90%. Winnebago Industries’s payout ratio is presently -206.06%.

Insiders Place Their Bets

In other Winnebago Industries news, SVP Bret A. Woodson sold 12,187 shares of the business’s stock in a transaction that occurred 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 transaction, the senior vice president now directly owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. The trade was a 33.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William C. Fisher acquired 2,000 shares of the company’s 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 directly owns 32,267 shares of the company’s stock, valued at approximately $1,768,554.27. This trade represents a 6.61 % increase in their position. The disclosure for this purchase can be found here. Insiders own 4.63% of the company’s stock.

Institutional Investors Weigh In On Winnebago Industries

A number of institutional investors and hedge funds have recently made changes to their positions in WGO. Pacer Advisors Inc. lifted its position in shares of Winnebago Industries by 47.8% during the 2nd quarter. Pacer Advisors Inc. now owns 1,431,764 shares of the construction company’s stock worth $77,602,000 after buying an additional 463,257 shares in the last quarter. Millennium Management LLC grew its position in shares of Winnebago Industries by 1,772.8% during the 2nd quarter. Millennium Management LLC now owns 210,504 shares of the construction company’s stock valued at $11,409,000 after purchasing an additional 199,264 shares in the last quarter. Edgestream Partners L.P. purchased a new position in shares of Winnebago Industries during the second quarter worth about $9,708,000. JPMorgan Chase & Co. boosted its holdings in shares of Winnebago Industries by 25.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock worth $49,714,000 after purchasing an additional 173,274 shares in the last quarter. Finally, Janus Henderson Group PLC grew its holdings in shares of Winnebago Industries by 1,242.6% during the 3rd quarter. Janus Henderson Group PLC now owns 181,579 shares of the construction company’s stock valued at $10,552,000 after purchasing an additional 168,055 shares during the last quarter.

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.