Winnebago Industries (NYSE:WGO) is scheduled to release its earnings data before the market opens on Wednesday, June 19th. Analysts expect Winnebago Industries to post earnings of $1.10 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Winnebago Industries (NYSE:WGO) last released its earnings results on Monday, March 25th. The construction company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.12. The firm had revenue of $432.70 million for the quarter, compared to analyst estimates of $443.05 million. Winnebago Industries had a return on equity of 19.11% and a net margin of 5.24%. The company’s quarterly revenue was down 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.69 earnings per share. On average, analysts expect Winnebago Industries to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
NYSE WGO opened at $36.25 on Wednesday. The stock has a market cap of $1.16 billion, a PE ratio of 11.51, a price-to-earnings-growth ratio of 0.45 and a beta of 1.51. The company has a current ratio of 1.82, a quick ratio of 0.93 and a debt-to-equity ratio of 0.48. Winnebago Industries has a one year low of $19.77 and a one year high of $47.76.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Wednesday, June 19th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend is Tuesday, June 18th. Winnebago Industries’s dividend payout ratio is currently 13.97%.
A number of equities research analysts have recently commented on the company. ValuEngine raised Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Tuesday. Zacks Investment Research raised Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Thursday, May 2nd. Finally, Jefferies Financial Group assumed coverage on Winnebago Industries in a research report on Thursday, March 28th. They set a “hold” rating and a $31.00 price target on the stock. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $37.80.
In other Winnebago Industries news, CEO Michael J. Happe purchased 3,500 shares of the company’s stock in a transaction dated Wednesday, March 27th. The shares were bought at an average price of $29.19 per share, with a total value of $102,165.00. Following the completion of the transaction, the chief executive officer now directly owns 56,671 shares in the company, valued at approximately $1,654,226.49. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Bryan L. Hughes purchased 2,500 shares of the company’s stock in a transaction dated Wednesday, March 27th. The shares were acquired at an average cost of $29.58 per share, for a total transaction of $73,950.00. Following the transaction, the chief financial officer now owns 19,288 shares of the company’s stock, valued at $570,539.04. The disclosure for this purchase can be found here. Company insiders own 3.57% of the company’s stock.
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About Winnebago Industries
Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates in five segments: Winnebago Motorhomes, Winnebago Towables, Grand Design Towables, Winnebago Specialty Vehicles, and Chris-Craft Marine.
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