Winnebago Industries, Inc. (NYSE:WGO) Receives $64.78 Average PT from Analysts

Shares of Winnebago Industries, Inc. (NYSE:WGO - Get Free Report) have received an average recommendation of "Moderate Buy" from the nine analysts that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $65.00.

Several equities analysts have weighed in on WGO shares. Truist Financial lifted their price objective on shares of Winnebago Industries from $56.00 to $58.00 and gave the stock a "buy" rating in a research report on Monday. KeyCorp raised Winnebago Industries from a "sector weight" rating to an "overweight" rating and set a $58.00 price target on the stock in a research report on Wednesday, January 8th. DA Davidson decreased their price objective on Winnebago Industries from $55.00 to $54.00 and set a "neutral" rating for the company in a research report on Tuesday, December 24th. Northcoast Research upgraded Winnebago Industries from a "neutral" rating to a "buy" rating and set a $75.00 target price on the stock in a report on Monday, November 11th. Finally, BMO Capital Markets decreased their price target on shares of Winnebago Industries from $75.00 to $70.00 and set an "outperform" rating for the company in a report on Thursday, October 24th.

Winnebago Industries Price Performance

Shares of NYSE WGO traded up $0.98 during midday trading on Friday, reaching $46.08. The company's stock had a trading volume of 522,684 shares, compared to its average volume of 725,007. Winnebago Industries has a one year low of $44.11 and a one year high of $74.10. The company has a market cap of $1.31 billion, a price-to-earnings ratio of -69.82 and a beta of 1.62. The company has a 50 day moving average price of $49.46 and a 200 day moving average price of $55.08. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.23). The company had revenue of $625.60 million for the quarter, compared to analyst estimates of $672.23 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The firm's revenue for the quarter was down 18.0% on a year-over-year basis. During the same period last year, the firm earned $1.06 earnings per share. On average, equities research analysts expect that Winnebago Industries will post 3.41 EPS for the current year.

Winnebago Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Investors of record on Wednesday, January 15th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend was Wednesday, January 15th. Winnebago Industries's payout ratio is presently -206.06%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC boosted its stake in Winnebago Industries by 100.9% during the second quarter. AQR Capital Management LLC now owns 26,089 shares of the construction company's stock worth $1,414,000 after buying an additional 13,105 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in Winnebago Industries by 4.9% during the second quarter. The Manufacturers Life Insurance Company now owns 15,697 shares of the construction company's stock worth $851,000 after acquiring an additional 737 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Winnebago Industries during the second quarter valued at $370,000. SG Americas Securities LLC acquired a new stake in shares of Winnebago Industries in the 3rd quarter valued at $850,000. Finally, GAMMA Investing LLC increased its position in shares of Winnebago Industries by 222.5% during the 3rd quarter. GAMMA Investing LLC now owns 458 shares of the construction company's stock worth $27,000 after purchasing an additional 316 shares in the last quarter.

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.