Zacks Research Has Pessimistic Opinion of WGO Q3 Earnings

Winnebago Industries, Inc. (NYSE:WGO) – Stock analysts at Zacks Research decreased their Q3 2027 EPS estimates for shares of Winnebago Industries in a report released on Wednesday, November 4th. Zacks Research analyst Team now anticipates that the RV manufacturer will earn $0.75 per share for the quarter, down from their prior forecast of $0.87. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Winnebago Industries’ current full-year earnings is $1.94 per share.

Several other equities research analysts also recently weighed in on WGO. Citigroup increased their target price on shares of Winnebago Industries from $24.00 to $28.00 and gave the stock a “neutral” rating in a research note on Thursday, October 22nd. Weiss Ratings lowered Winnebago Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, October 14th. Seaport Research Partners initiated coverage on Winnebago Industries in a research report on Monday, July 27th. They issued a “neutral” rating on the stock. Raymond James Financial reaffirmed a “market perform” rating on shares of Winnebago Industries in a research note on Wednesday, October 21st. Finally, Wall Street Zen raised Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Saturday, September 12th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Winnebago Industries currently has a consensus rating of “Hold” and an average target price of $35.00.

Winnebago Industries Trading Down 2.8%

NYSE WGO opened at $33.13 on Friday. The firm’s fifty day moving average is $27.58 and its two-hundred day moving average is $32.54. Winnebago Industries has a one year low of $21.95 and a one year high of $50.16. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.04 and a current ratio of 2.17. The firm has a market cap of $943.68 million, a PE ratio of 27.38 and a beta of 1.21.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Tuesday, September 29th. The RV manufacturer reported $0.49 earnings per share (EPS) for the quarter. Winnebago Industries had a net margin of 1.28% and a return on equity of 4.16%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Pzena Investment Management LLC acquired a new stake in Winnebago Industries in the second quarter valued at about $53,406,000. Maple Rock Capital Partners Inc. boosted its holdings in Winnebago Industries by 33.3% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,559,231 shares of the RV manufacturer’s stock valued at $48,710,000 after purchasing an additional 389,400 shares in the last quarter. William Blair Investment Management LLC acquired a new position in Winnebago Industries during the 2nd quarter worth approximately $9,545,000. Arrowstreet Capital Limited Partnership increased its position in Winnebago Industries by 72.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 664,638 shares of the RV manufacturer’s stock worth $20,597,000 after purchasing an additional 280,017 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in Winnebago Industries during the 2nd quarter worth approximately $5,881,000.

Insider Buying and Selling at Winnebago Industries

In other news, CEO Michael J. Happe sold 12,045 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total value of $393,630.60. Following the completion of the sale, the chief executive officer owned 349,349 shares in the company, valued at approximately $11,416,725.32. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret A. Woodson sold 2,414 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $32.66, for a total transaction of $78,841.24. Following the completion of the sale, the senior vice president owned 31,274 shares of the company’s stock, valued at $1,021,408.84. This trade represents a 7.17% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 15,694 shares of company stock worth $511,658 over the last three months. 4.88% of the stock is currently owned by corporate insiders.

Winnebago Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th were given a $0.36 dividend. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.35. The ex-dividend date was Wednesday, September 9th. This represents a $1.44 dividend on an annualized basis and a yield of 4.3%. Winnebago Industries’s payout ratio is 119.01%.

About Winnebago Industries

Winnebago Industries, Inc is a manufacturer of recreational vehicles and marine products. The company designs and produces motorhomes, travel trailers, fifth-wheel trailers and other outdoor recreation vehicles under brands including Winnebago, Grand Design, Newmar and Barletta.

Its marine operations produce boats and related products through brands such as Chris-Craft and Barletta. Winnebago’s portfolio serves consumers seeking products for travel, camping, boating and other outdoor recreational activities.

Founded in 1958, the company is headquartered in Forest City, Iowa.