Winnebago Industries (NYSE:WGO) has earned an average recommendation of “Buy” from the nine research firms that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $50.50.
Several research analysts have commented on the stock. Zacks Investment Research raised shares of Winnebago Industries from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a report on Tuesday, December 19th. SunTrust Banks reissued a “hold” rating and set a $52.00 price objective on shares of Winnebago Industries in a report on Thursday, December 21st. ValuEngine raised shares of Winnebago Industries from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Stifel Nicolaus reaffirmed a “hold” rating and issued a $53.00 price target (up previously from $45.00) on shares of Winnebago Industries in a report on Thursday, December 21st. Finally, Robert W. Baird reaffirmed an “outperform” rating and issued a $60.00 price target (up previously from $52.00) on shares of Winnebago Industries in a report on Thursday, December 21st.
Several large investors have recently made changes to their positions in WGO. Timucuan Asset Management Inc. FL bought a new position in shares of Winnebago Industries in the 4th quarter valued at about $67,768,000. Hennessy Advisors Inc. lifted its holdings in shares of Winnebago Industries by 550.7% in the 4th quarter. Hennessy Advisors Inc. now owns 747,600 shares of the construction company’s stock valued at $41,567,000 after acquiring an additional 632,700 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Winnebago Industries by 794.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 525,726 shares of the construction company’s stock valued at $23,395,000 after acquiring an additional 466,975 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Winnebago Industries by 37.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 865,161 shares of the construction company’s stock valued at $48,103,000 after acquiring an additional 235,594 shares during the last quarter. Finally, BlackRock Inc. lifted its holdings in shares of Winnebago Industries by 5.6% in the 4th quarter. BlackRock Inc. now owns 3,849,851 shares of the construction company’s stock valued at $214,052,000 after acquiring an additional 203,116 shares during the last quarter. 84.25% of the stock is owned by hedge funds and other institutional investors.
WGO opened at $37.35 on Thursday. Winnebago Industries has a 52 week low of $24.15 and a 52 week high of $58.65. The stock has a market cap of $1,182.35, a price-to-earnings ratio of 12.17 and a beta of 1.84. The company has a quick ratio of 1.00, a current ratio of 1.91 and a debt-to-equity ratio of 0.57.
Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Wednesday, March 21st. The construction company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.03). Winnebago Industries had a net margin of 4.56% and a return on equity of 21.72%. The company had revenue of $468.40 million for the quarter, compared to the consensus estimate of $445.88 million. During the same period last year, the company earned $0.48 EPS. The firm’s revenue for the quarter was up 26.4% on a year-over-year basis. sell-side analysts forecast that Winnebago Industries will post 3.19 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 25th. Investors of record on Wednesday, April 11th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is Tuesday, April 10th. Winnebago Industries’s payout ratio is 11.94%.
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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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