Wall Street analysts expect that Winnebago Industries, Inc. (NYSE:WGO) will report earnings of $0.50 per share for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for Winnebago Industries’ earnings, with the highest EPS estimate coming in at $0.62 and the lowest estimate coming in at $0.42. Winnebago Industries posted earnings of $0.60 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 16.7%. The firm is expected to announce its next earnings report on Wednesday, December 20th.

On average, analysts expect that Winnebago Industries will report full-year earnings of $2.88 per share for the current year, with EPS estimates ranging from $2.70 to $3.15. For the next financial year, analysts forecast that the firm will post earnings of $3.27 per share, with EPS estimates ranging from $3.00 to $3.60. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Winnebago Industries.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings data on Thursday, October 19th. The construction company reported $0.79 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.09. The firm had revenue of $454.90 million for the quarter, compared to the consensus estimate of $444.50 million. Winnebago Industries had a net margin of 4.61% and a return on equity of 21.92%. The business’s revenue for the quarter was up 72.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.49 EPS.

A number of brokerages recently weighed in on WGO. ValuEngine downgraded shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a report on Friday. Zacks Investment Research downgraded shares of Winnebago Industries from a “buy” rating to a “hold” rating in a report on Tuesday. Robert W. Baird boosted their price target on shares of Winnebago Industries from $48.00 to $52.00 and gave the stock an “outperform” rating in a report on Friday, November 3rd. BMO Capital Markets boosted their price target on shares of Winnebago Industries to $51.00 and gave the stock a “market perform” rating in a report on Monday, October 23rd. Finally, Stifel Nicolaus downgraded shares of Winnebago Industries from a “buy” rating to a “hold” rating and boosted their price target for the stock from $40.00 to $44.00 in a report on Tuesday, October 3rd. They noted that the move was a valuation call. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $46.17.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WGO. Teachers Advisors LLC lifted its holdings in Winnebago Industries by 3.5% during the first quarter. Teachers Advisors LLC now owns 44,895 shares of the construction company’s stock valued at $1,313,000 after purchasing an additional 1,519 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Winnebago Industries by 10.0% during the first quarter. Vanguard Group Inc. now owns 1,469,787 shares of the construction company’s stock valued at $42,991,000 after buying an additional 133,676 shares during the period. Geode Capital Management LLC increased its position in shares of Winnebago Industries by 3.0% during the first quarter. Geode Capital Management LLC now owns 196,675 shares of the construction company’s stock valued at $5,752,000 after buying an additional 5,782 shares during the period. Schwab Charles Investment Management Inc. increased its position in shares of Winnebago Industries by 5.4% during the first quarter. Schwab Charles Investment Management Inc. now owns 120,340 shares of the construction company’s stock valued at $3,520,000 after buying an additional 6,126 shares during the period. Finally, State Street Corp increased its position in shares of Winnebago Industries by 5.4% during the first quarter. State Street Corp now owns 638,509 shares of the construction company’s stock valued at $18,678,000 after buying an additional 32,448 shares during the period. 82.99% of the stock is currently owned by institutional investors and hedge funds.

Winnebago Industries (WGO) traded up $1.80 on Tuesday, reaching $54.05. 540,690 shares of the company’s stock were exchanged, compared to its average volume of 513,239. The company has a quick ratio of 1.03, a current ratio of 1.88 and a debt-to-equity ratio of 0.62. The stock has a market cap of $1,717.57, a P/E ratio of 18.37 and a beta of 2.06. Winnebago Industries has a 1 year low of $24.15 and a 1 year high of $55.90.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Wednesday, November 15th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.74%. The ex-dividend date was Tuesday, November 14th. Winnebago Industries’s dividend payout ratio (DPR) is presently 17.39%.

Winnebago Industries announced that its board has approved a stock buyback plan on Thursday, October 19th that allows the company to buyback $70.00 million in outstanding shares. This buyback authorization allows the construction company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

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About Winnebago Industries

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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