Equities research analysts expect Winnebago Industries, Inc. (NYSE:WGO) to report sales of $430.69 million for the current quarter, according to Zacks. Four analysts have provided estimates for Winnebago Industries’ earnings, with the highest sales estimate coming in at $482.60 million and the lowest estimate coming in at $401.57 million. Winnebago Industries posted sales of $370.51 million in the same quarter last year, which would indicate a positive year over year growth rate of 16.2%. The firm is scheduled to report its next earnings report on Wednesday, March 28th.

According to Zacks, analysts expect that Winnebago Industries will report full year sales of $430.69 million for the current fiscal year, with estimates ranging from $1.86 billion to $1.99 billion. For the next financial year, analysts forecast that the business will report sales of $2.05 billion per share, with estimates ranging from $1.92 billion to $2.17 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Winnebago Industries.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Wednesday, December 20th. The construction company reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.05. The business had revenue of $450.00 million during the quarter, compared to analyst estimates of $387.12 million. Winnebago Industries had a return on equity of 21.47% and a net margin of 4.43%. Winnebago Industries’s revenue for the quarter was up 83.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.42 earnings per share.

WGO has been the subject of several recent research reports. Zacks Investment Research upgraded Winnebago Industries from a “hold” rating to a “strong-buy” rating and set a $53.00 price objective for the company in a research report on Thursday, October 5th. BMO Capital Markets reiterated a “hold” rating and issued a $34.00 price objective on shares of Winnebago Industries in a research report on Friday, October 13th. ValuEngine downgraded Winnebago Industries from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. SunTrust Banks reiterated a “hold” rating and issued a $45.00 price objective on shares of Winnebago Industries in a research report on Friday, October 20th. They noted that the move was a valuation call. Finally, Robert W. Baird reiterated an “outperform” rating and issued a $48.00 price objective (up previously from $38.00) on shares of Winnebago Industries in a research report on Friday, October 20th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Winnebago Industries has a consensus rating of “Buy” and a consensus target price of $52.17.

Shares of Winnebago Industries (WGO) opened at $55.25 on Wednesday. The stock has a market capitalization of $1,760.00, a P/E ratio of 22.64 and a beta of 2.08. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.88 and a quick ratio of 1.03. Winnebago Industries has a 52 week low of $24.15 and a 52 week high of $58.65.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Wednesday, January 10th will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, January 9th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.72%. Winnebago Industries’s dividend payout ratio is presently 16.39%.

Winnebago Industries declared that its Board of Directors has approved a share repurchase plan on Thursday, October 19th that allows the company to buyback $70.00 million in shares. This buyback authorization allows the construction company to buy shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Several institutional investors have recently made changes to their positions in WGO. SG Americas Securities LLC bought a new position in Winnebago Industries in the second quarter worth $107,000. Pinebridge Investments L.P. raised its holdings in Winnebago Industries by 1.0% in the second quarter. Pinebridge Investments L.P. now owns 3,496 shares of the construction company’s stock worth $123,000 after purchasing an additional 35 shares in the last quarter. NEXT Financial Group Inc bought a new position in Winnebago Industries in the third quarter worth $124,000. Victory Capital Management Inc. raised its holdings in Winnebago Industries by 17.6% in the second quarter. Victory Capital Management Inc. now owns 3,582 shares of the construction company’s stock worth $125,000 after purchasing an additional 536 shares in the last quarter. Finally, Piedmont Investment Advisors LLC bought a new position in Winnebago Industries in the second quarter worth $201,000. Institutional investors own 83.25% of the company’s stock.

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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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