Winnebago Industries, Inc. (NYSE:WGO) Receives Consensus Recommendation of “Hold” from Analysts

Winnebago Industries, Inc. (NYSE:WGO) has earned a consensus recommendation of “Hold” from the twelve research firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $39.00.

A number of research analysts have recently commented on WGO shares. Citigroup upped their price target on shares of Winnebago Industries from $36.00 to $41.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Weiss Ratings restated a “sell (d+)” rating on shares of Winnebago Industries in a research note on Wednesday, October 8th. Truist Financial raised their target price on shares of Winnebago Industries from $36.00 to $46.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. DA Davidson boosted their price target on Winnebago Industries from $32.00 to $38.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Finally, Zacks Research raised Winnebago Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, October 24th.

Insiders Place Their Bets

In other news, CEO Michael J. Happe sold 7,105 shares of the firm’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $41.38, for a total transaction of $294,004.90. Following the transaction, the chief executive officer owned 347,501 shares in the company, valued at approximately $14,379,591.38. This trade represents a 2.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Sara E. Armbruster acquired 2,700 shares of the stock in a transaction that occurred on Friday, October 24th. The stock was acquired at an average cost of $40.27 per share, with a total value of $108,729.00. Following the completion of the purchase, the director owned 14,426 shares of the company’s stock, valued at $580,935.02. This trade represents a 23.03% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 4.88% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Winnebago Industries

A number of hedge funds and other institutional investors have recently modified their holdings of WGO. Farther Finance Advisors LLC raised its stake in shares of Winnebago Industries by 53.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock worth $32,000 after acquiring an additional 385 shares in the last quarter. Prudential Financial Inc. boosted its stake in Winnebago Industries by 44.6% in the second quarter. Prudential Financial Inc. now owns 237,858 shares of the RV manufacturer’s stock valued at $6,898,000 after acquiring an additional 73,404 shares in the last quarter. GAMMA Investing LLC grew its holdings in Winnebago Industries by 62.8% in the second quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock worth $33,000 after purchasing an additional 433 shares during the last quarter. Allianz Asset Management GmbH acquired a new position in shares of Winnebago Industries during the second quarter worth $1,210,000. Finally, Polar Asset Management Partners Inc. purchased a new stake in shares of Winnebago Industries during the 1st quarter valued at $3,284,000.

Winnebago Industries Trading Up 2.3%

Shares of NYSE WGO opened at $38.81 on Friday. Winnebago Industries has a fifty-two week low of $28.00 and a fifty-two week high of $58.68. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.21 and a current ratio of 2.42. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 42.65 and a beta of 1.12. The business’s 50 day moving average price is $35.07 and its 200-day moving average price is $33.59.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings data on Wednesday, October 22nd. The RV manufacturer reported $0.71 EPS for the quarter, beating the consensus estimate of $0.58 by $0.13. Winnebago Industries had a return on equity of 3.86% and a net margin of 0.92%.The company had revenue of $777.30 million for the quarter, compared to the consensus estimate of $724.89 million. During the same quarter in the prior year, the company posted $0.28 EPS. Winnebago Industries’s quarterly revenue was up 7.8% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. On average, sell-side analysts expect that Winnebago Industries will post 3.41 earnings per share for the current year.

About Winnebago Industries

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.