Brokerages expect Winnebago Industries, Inc. (NYSE:WGO) to post sales of $373.45 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for Winnebago Industries’ earnings. The lowest sales estimate is $329.90 million and the highest is $409.59 million. Winnebago Industries posted sales of $245.31 million in the same quarter last year, which suggests a positive year over year growth rate of 52.2%. The firm is expected to issue its next quarterly earnings results on Wednesday, December 20th.

On average, analysts expect that Winnebago Industries will report full year sales of $373.45 million for the current fiscal year, with estimates ranging from $1.73 billion to $1.81 billion. For the next year, analysts anticipate that the company will report sales of $1.89 billion per share, with estimates ranging from $1.82 billion to $1.93 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Winnebago Industries.

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

Several equities analysts recently weighed in on the stock. Zacks Investment Research cut shares of Winnebago Industries from a “buy” rating to a “hold” rating in a research report on Tuesday. ValuEngine cut shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Robert W. Baird raised their price target on shares of Winnebago Industries from $48.00 to $52.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. BMO Capital Markets raised their price target on shares of Winnebago Industries to $51.00 and gave the company a “market perform” rating in a research report on Monday, October 23rd. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $45.00 price target on shares of Winnebago Industries in a research report on Friday, October 20th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Winnebago Industries currently has an average rating of “Buy” and an average target price of $46.17.

Several institutional investors have recently bought and sold shares of the business. 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 in 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 in the last quarter. Victory Capital Management Inc. lifted its position in shares of Winnebago Industries by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 3,582 shares of the construction company’s stock worth $125,000 after buying an additional 536 shares in the last quarter. Aperio Group LLC increased its stake in shares of Winnebago Industries by 3.6% during the 2nd quarter. Aperio Group LLC now owns 16,825 shares of the construction company’s stock worth $589,000 after purchasing an additional 589 shares during the last quarter. Finally, Thrivent Financial For Lutherans increased its stake in shares of Winnebago Industries by 6.1% during the 2nd quarter. Thrivent Financial For Lutherans now owns 15,940 shares of the construction company’s stock worth $558,000 after purchasing an additional 920 shares during the last quarter. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

Winnebago Industries (WGO) opened at $53.10 on Thursday. Winnebago Industries has a 1 year low of $24.15 and a 1 year high of $55.90. The firm has a market cap of $1,720.00, a PE ratio of 17.77 and a beta of 2.06. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.88 and a quick ratio of 1.03.

Winnebago Industries declared that its board has approved a stock buyback program on Thursday, October 19th that permits the company to buyback $70.00 million in outstanding shares. This buyback authorization permits the construction company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Wednesday, November 15th were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, November 14th. This represents a $0.40 annualized dividend and a dividend yield of 0.75%. Winnebago Industries’s dividend payout ratio is currently 17.39%.

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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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