Winnebago Industries, Inc. (WGO) Scheduled to Post Quarterly Earnings on Wednesday
Winnebago Industries, Inc. (NYSE:WGO) is set to announce its earnings results before the market opens on Wednesday, March 22nd. Analysts expect the company to announce earnings of $0.45 per share for the quarter.
Winnebago Industries (NYSE:WGO) last posted its earnings results on Wednesday, December 21st. The company reported $0.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.10. The firm earned $245.30 million during the quarter. Winnebago Industries had a net margin of 4.84% and a return on equity of 18.27%. Winnebago Industries’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.32 earnings per share. On average, analysts expect Winnebago Industries to post $2.29 EPS for the current fiscal year and $2.79 EPS for the next fiscal year.
Shares of Winnebago Industries, Inc. (NYSE:WGO) opened at 29.40 on Tuesday. The firm has a market capitalization of $928.51 million, a PE ratio of 16.53 and a beta of 1.95. The firm has a 50-day moving average of $32.42 and a 200-day moving average of $30.29. Winnebago Industries, Inc. has a 1-year low of $20.03 and a 1-year high of $39.30.
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The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 26th. Stockholders of record on Wednesday, April 12th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.36%. Winnebago Industries’s dividend payout ratio (DPR) is presently 22.35%.
A number of analysts have recently commented on the company. BMO Capital Markets reaffirmed a “market perform” rating and issued a $29.00 price target (down from $40.00) on shares of Winnebago Industries in a research note on Friday, March 10th. Zacks Investment Research raised Winnebago Industries from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Friday, December 23rd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $34.75.
In other Winnebago Industries news, Director William C. Fisher bought 3,000 shares of the stock in a transaction that occurred on Tuesday, December 27th. The stock was acquired at an average cost of $33.80 per share, with a total value of $101,400.00. Following the purchase, the director now owns 11,600 shares in the company, valued at $392,080. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William C. Fisher bought 1,000 shares of the stock in a transaction that occurred on Thursday, December 29th. The shares were acquired at an average cost of $31.30 per share, with a total value of $31,300.00. Following the completion of the purchase, the director now owns 12,600 shares in the company, valued at approximately $394,380. The disclosure for this purchase can be found here. 1.50% of the stock is currently owned by corporate insiders.
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Winnebago Industries Company Profile
Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.
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