Winnebago Industries (NYSE:WGO) PT Lowered to $64.00

Winnebago Industries (NYSE:WGO - Get Free Report) had its price objective decreased by equities researchers at Truist Financial from $68.00 to $64.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the construction company's stock. Truist Financial's price target points to a potential upside of 22.58% from the stock's previous close.

Several other research analysts have also recently issued reports on the company. StockNews.com cut Winnebago Industries from a "hold" rating to a "sell" rating in a research report on Friday, October 18th. BMO Capital Markets cut their price objective on shares of Winnebago Industries from $75.00 to $70.00 and set an "outperform" rating on the stock in a report on Thursday. Citigroup increased their target price on shares of Winnebago Industries from $71.00 to $77.00 and gave the company a "buy" rating in a report on Friday, July 12th. Benchmark dropped their price target on shares of Winnebago Industries from $75.00 to $70.00 and set a "buy" rating on the stock in a research report on Tuesday. Finally, Robert W. Baird reduced their price objective on shares of Winnebago Industries from $70.00 to $64.00 and set an "outperform" rating for the company in a research report on Thursday. One analyst has rated the stock with a sell rating, two have given a hold rating and five 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 an average target price of $67.14.

Winnebago Industries Stock Up 0.8 %

Shares of WGO traded up $0.43 on Thursday, reaching $52.21. The company's stock had a trading volume of 1,190,831 shares, compared to its average volume of 570,693. Winnebago Industries has a twelve month low of $49.68 and a twelve month high of $75.42. The stock has a market capitalization of $1.51 billion, a PE ratio of 20.17 and a beta of 1.61. The company has a current ratio of 2.45, a quick ratio of 1.35 and a debt-to-equity ratio of 0.48. The firm has a fifty day moving average of $57.92 and a 200-day moving average of $58.78.

Institutional Trading of Winnebago Industries

Several hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC raised its stake in Winnebago Industries by 222.5% in the 3rd quarter. GAMMA Investing LLC now owns 458 shares of the construction company's stock valued at $27,000 after acquiring an additional 316 shares during the period. Sound Income Strategies LLC raised its position in shares of Winnebago Industries by 69.1% in the third quarter. Sound Income Strategies LLC now owns 700 shares of the construction company's stock valued at $41,000 after purchasing an additional 286 shares during the period. Innealta Capital LLC purchased a new stake in shares of Winnebago Industries during the 2nd quarter valued at approximately $45,000. EntryPoint Capital LLC bought a new position in Winnebago Industries in the 1st quarter worth approximately $75,000. Finally, nVerses Capital LLC bought a new position in Winnebago Industries in the 2nd quarter worth approximately $76,000.

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.