Winnebago Industries (WGO) Getting Positive News Coverage, Analysis Shows

Press coverage about Winnebago Industries (NYSE:WGO) has been trending positive on Saturday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Winnebago Industries earned a news impact score of 0.25 on Accern’s scale. Accern also gave news stories about the construction company an impact score of 46.5621588729309 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

Several research analysts have recently issued reports on WGO shares. ValuEngine raised Winnebago Industries from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. SunTrust Banks reaffirmed a “hold” rating and set a $52.00 price objective on shares of Winnebago Industries in a research report on Thursday, December 21st. Robert W. Baird reaffirmed a “buy” rating on shares of Winnebago Industries in a research report on Thursday, September 28th. Stifel Nicolaus lowered Winnebago Industries from a “buy” rating to a “hold” rating and lifted their target price for the stock from $40.00 to $44.00 in a report on Tuesday, October 3rd. They noted that the move was a valuation call. Finally, BMO Capital Markets lifted their target price on Winnebago Industries to $51.00 and gave the stock a “market perform” rating in a report on Monday, October 23rd. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Winnebago Industries currently has an average rating of “Buy” and an average target price of $52.17.

Winnebago Industries (NYSE WGO) traded down $1.20 during midday trading on Friday, reaching $55.80. The company had a trading volume of 582,173 shares, compared to its average volume of 586,776. The stock has a market capitalization of $1,770.00, a P/E ratio of 22.87 and a beta of 2.08. The company has a quick ratio of 1.03, a current ratio of 1.88 and a debt-to-equity ratio of 0.59. Winnebago Industries has a 12 month low of $24.15 and a 12 month high of $58.65.

Winnebago Industries (NYSE:WGO) last released its earnings results on Wednesday, December 20th. The construction company reported $0.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.05. Winnebago Industries had a return on equity of 21.47% and a net margin of 4.43%. The company had revenue of $450.00 million for the quarter, compared to the consensus estimate of $387.12 million. During the same period in the previous year, the business earned $0.42 earnings per share. Winnebago Industries’s quarterly revenue was up 83.4% compared to the same quarter last year. sell-side analysts anticipate that Winnebago Industries will post 3.07 earnings per share for the current fiscal year.

Winnebago Industries declared that its Board of Directors has approved a stock buyback plan on Thursday, October 19th that allows the company to repurchase $70.00 million in outstanding shares. This repurchase authorization allows the construction company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Stockholders of record on Wednesday, January 10th will be given a $0.10 dividend. The ex-dividend date is Tuesday, January 9th. This represents a $0.40 annualized dividend and a dividend yield of 0.72%. Winnebago Industries’s payout ratio is 16.39%.

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About Winnebago Industries

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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