Shares of Winnebago Industries, Inc. (NYSE:WGO) have been assigned a consensus rating of “Buy” from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $54.00.
Several research analysts have issued reports on the company. Zacks Investment Research raised Winnebago Industries from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a report on Friday. Stifel Nicolaus reaffirmed a “hold” rating and set a $44.00 price objective on shares of Winnebago Industries in a report on Monday, June 4th. ValuEngine downgraded Winnebago Industries from a “buy” rating to a “hold” rating in a report on Tuesday, March 27th. Finally, SunTrust Banks raised Winnebago Industries from a “hold” rating to a “buy” rating in a report on Friday, March 16th.
Winnebago Industries traded down $1.35, reaching $45.05, during trading hours on Tuesday, according to MarketBeat.com. 1,056,710 shares of the company’s stock were exchanged, compared to its average volume of 893,928. The firm has a market cap of $1.47 billion, a PE ratio of 13.45 and a beta of 1.81. Winnebago Industries has a one year low of $33.15 and a one year high of $58.65. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.96 and a quick ratio of 1.00.
Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Wednesday, June 20th. The construction company reported $1.02 EPS for the quarter, topping the Zacks’ consensus estimate of $0.91 by $0.11. The business had revenue of $562.30 million for the quarter, compared to analyst estimates of $540.59 million. Winnebago Industries had a return on equity of 21.25% and a net margin of 5.04%. Winnebago Industries’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.61 EPS. equities analysts expect that Winnebago Industries will post 3.14 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 5th. Stockholders of record on Wednesday, June 20th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Tuesday, June 19th. Winnebago Industries’s dividend payout ratio (DPR) is currently 11.94%.
Several hedge funds have recently bought and sold shares of WGO. Asset Management One Co. Ltd. acquired a new position in shares of Winnebago Industries in the 1st quarter valued at $138,000. SG Americas Securities LLC acquired a new stake in Winnebago Industries during the 1st quarter worth $145,000. Robeco Institutional Asset Management B.V. acquired a new stake in Winnebago Industries during the 1st quarter worth $168,000. KBC Group NV acquired a new stake in Winnebago Industries during the 1st quarter worth $217,000. Finally, Glenmede Trust Co. NA raised its stake in Winnebago Industries by 57.6% during the 4th quarter. Glenmede Trust Co. NA now owns 3,941 shares of the construction company’s stock worth $218,000 after buying an additional 1,440 shares during the period. 87.91% of the stock is currently owned by institutional investors.
About Winnebago Industries
Winnebago Industries, Inc manufactures and sells recreation vehicles primarily for use in leisure travel and outdoor recreation activities. It operates through two segments, Motorized and Towable. The company manufactures motorhomes, which are self-propelled mobile dwellings used primarily as temporary living quarters during vacation and camping trips, or to support various other lifestyles under the Winnebago brand.
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