Equities analysts expect that Winnebago Industries, Inc. (NYSE:WGO) will report sales of $442.99 million for the current quarter, according to Zacks. Five analysts have provided estimates for Winnebago Industries’ earnings. The highest sales estimate is $468.01 million and the lowest is $417.90 million. Winnebago Industries reported sales of $263.25 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 68.3%. The business is scheduled to report its next quarterly earnings results on Thursday, October 12th.

According to Zacks, analysts expect that Winnebago Industries will report full year sales of $442.99 million for the current fiscal year, with estimates ranging from $1.51 billion to $1.56 billion. For the next financial year, analysts anticipate that the business will report sales of $1.72 billion per share, with estimates ranging from $1.65 billion to $1.76 billion. Zacks’ sales calculations are an average based on a survey of research firms that follow Winnebago Industries.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Wednesday, June 21st. The construction company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.72 by $0.22. The firm had revenue of $476.40 million during the quarter, compared to analysts’ expectations of $440.94 million. Winnebago Industries had a return on equity of 19.00% and a net margin of 4.07%. Winnebago Industries’s quarterly revenue was up 75.1% compared to the same quarter last year. During the same period last year, the business earned $0.53 earnings per share.

WGO has been the subject of several recent research reports. Zacks Investment Research downgraded Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, August 30th. BidaskClub downgraded Winnebago Industries from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 10th. ValuEngine upgraded Winnebago Industries from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. BMO Capital Markets reiterated a “hold” rating and set a $34.00 target price on shares of Winnebago Industries in a research report on Friday, September 1st. Finally, Stifel Nicolaus began coverage on Winnebago Industries in a research report on Thursday, July 6th. They set a “buy” rating and a $40.00 target price for the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Winnebago Industries currently has a consensus rating of “Buy” and a consensus target price of $34.83.

Several large investors have recently added to or reduced their stakes in WGO. Pinebridge Investments L.P. lifted its position in shares of Winnebago Industries by 1.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 3,496 shares of the construction company’s stock worth $123,000 after buying an additional 35 shares during the last quarter. Palouse Capital Management Inc. lifted its position in shares of Winnebago Industries by 0.9% during the 1st quarter. Palouse Capital Management Inc. now owns 7,410 shares of the construction company’s stock worth $217,000 after buying an additional 64 shares during the last quarter. Anchor Capital Advisors LLC lifted its position in shares of Winnebago Industries by 0.4% during the 2nd quarter. Anchor Capital Advisors LLC now owns 34,239 shares of the construction company’s stock worth $1,198,000 after buying an additional 150 shares during the last quarter. Texas Permanent School Fund lifted its position in shares of Winnebago Industries by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 19,371 shares of the construction company’s stock worth $678,000 after buying an additional 163 shares during the last quarter. Finally, Louisiana State Employees Retirement System lifted its position in shares of Winnebago Industries by 1.9% during the 1st quarter. Louisiana State Employees Retirement System now owns 10,800 shares of the construction company’s stock worth $316,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 84.65% of the company’s stock.

Winnebago Industries (NYSE WGO) opened at 41.10 on Friday. Winnebago Industries has a 12 month low of $22.28 and a 12 month high of $41.90. The company has a 50-day moving average price of $36.15 and a 200 day moving average price of $31.42. The company has a market capitalization of $1.30 billion, a PE ratio of 20.53 and a beta of 1.97.

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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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Earnings History and Estimates for Winnebago Industries (NYSE:WGO)

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