Winnebago Industries (NYSE:WGO) Rating Lowered to “Sell” at Wall Street Zen

Winnebago Industries (NYSE:WGO) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Other analysts have also recently issued research reports about the company. Zacks Research cut Winnebago Industries from a “hold” rating to a “strong sell” rating in a report on Friday, June 26th. Northcoast Research lowered shares of Winnebago Industries from a “buy” rating to a “neutral” rating in a report on Monday, June 1st. Griffin Securities set a $35.00 target price on shares of Winnebago Industries in a research report on Monday, June 15th. KeyCorp restated a “sector weight” rating on shares of Winnebago Industries in a report on Friday, June 26th. Finally, Benchmark dropped their price target on shares of Winnebago Industries from $48.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $36.33.

Winnebago Industries Trading Down 0.1%

Shares of WGO stock opened at $30.68 on Friday. The firm has a 50-day moving average price of $29.49 and a 200 day moving average price of $35.69. Winnebago Industries has a twelve month low of $26.80 and a twelve month high of $50.16. The company has a market capitalization of $867.24 million, a price-to-earnings ratio of 22.56 and a beta of 1.12. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.10). Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The business had revenue of $698.70 million during the quarter, compared to analyst estimates of $755.67 million. During the same quarter last year, the firm posted $0.81 earnings per share. The company’s revenue was down 9.9% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. Research analysts forecast that Winnebago Industries will post 1.82 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Winnebago Industries

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in Winnebago Industries by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 1,990,237 shares of the RV manufacturer’s stock worth $80,644,000 after purchasing an additional 15,114 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Winnebago Industries by 8.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,580,068 shares of the RV manufacturer’s stock valued at $48,968,000 after buying an additional 129,228 shares in the last quarter. UBS Group AG lifted its position in Winnebago Industries by 224.7% during the fourth quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock valued at $54,870,000 after buying an additional 937,140 shares in the last quarter. Pzena Investment Management LLC grew its stake in Winnebago Industries by 6.9% during the first quarter. Pzena Investment Management LLC now owns 993,294 shares of the RV manufacturer’s stock worth $30,782,000 after buying an additional 64,332 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Winnebago Industries by 8.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 889,184 shares of the RV manufacturer’s stock worth $36,030,000 after buying an additional 72,478 shares during the period.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.