Analysts expect Winnebago Industries, Inc. (NYSE:WGO) to post $0.86 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Winnebago Industries’ earnings, with estimates ranging from $0.84 to $0.88. Winnebago Industries posted earnings of $0.94 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 8.5%. The firm is expected to announce its next earnings results before the market opens on Wednesday, October 17th.
On average, analysts expect that Winnebago Industries will report full year earnings of $3.14 per share for the current fiscal year, with EPS estimates ranging from $3.10 to $3.16. For the next fiscal year, analysts forecast that the firm will report earnings of $3.85 per share, with EPS estimates ranging from $3.65 to $4.00. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that that provide coverage for Winnebago Industries.
A number of analysts recently issued reports on WGO shares. ValuEngine cut Winnebago Industries from a “sell” rating to a “strong sell” rating in a research report on Friday, September 21st. Zacks Investment Research cut Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Wednesday, August 8th. Finally, Northcoast Research reissued a “buy” rating on shares of Winnebago Industries in a research report on Friday, August 17th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $53.60.
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Peregrine Asset Advisers Inc. acquired a new stake in Winnebago Industries during the 2nd quarter worth approximately $1,685,000. Principal Financial Group Inc. lifted its position in Winnebago Industries by 2.4% during the 1st quarter. Principal Financial Group Inc. now owns 248,886 shares of the construction company’s stock worth $9,358,000 after acquiring an additional 5,722 shares during the period. Teton Advisors Inc. lifted its position in Winnebago Industries by 12.3% during the 2nd quarter. Teton Advisors Inc. now owns 68,500 shares of the construction company’s stock worth $2,781,000 after acquiring an additional 7,500 shares during the period. NumerixS Investment Technologies Inc acquired a new stake in Winnebago Industries during the 2nd quarter worth approximately $588,000. Finally, Hellman Jordan Management Co. Inc. MA lifted its position in Winnebago Industries by 1,580.0% during the 2nd quarter. Hellman Jordan Management Co. Inc. MA now owns 196,709 shares of the construction company’s stock worth $7,986,000 after acquiring an additional 185,000 shares during the period. 88.17% of the stock is owned by hedge funds and other institutional investors.
Shares of NYSE WGO opened at $31.24 on Wednesday. The stock has a market capitalization of $1.05 billion, a P/E ratio of 9.33 and a beta of 1.62. The company has a quick ratio of 1.03, a current ratio of 1.96 and a debt-to-equity ratio of 0.50. Winnebago Industries has a 52-week low of $29.72 and a 52-week high of $58.65.
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 26th. Investors of record on Wednesday, September 12th were given a $0.10 dividend. The ex-dividend date was Tuesday, September 11th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.28%. Winnebago Industries’s dividend payout ratio (DPR) is presently 11.94%.
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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