Winnebago Industries, Inc. (NYSE:WGO) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Winnebago Industries, Inc. (NYSE:WGO) have earned a consensus rating of “Moderate Buy” from the five brokerages that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $71.80.

A number of equities analysts have recently commented on WGO shares. Roth Mkm reissued a “neutral” rating and issued a $70.00 target price on shares of Winnebago Industries in a research note on Thursday, March 21st. DA Davidson raised their price objective on shares of Winnebago Industries from $64.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, March 26th. Finally, StockNews.com raised shares of Winnebago Industries from a “sell” rating to a “hold” rating in a report on Saturday, April 13th.

Winnebago Industries Price Performance

Shares of NYSE:WGO opened at $62.80 on Thursday. The company has a 50-day simple moving average of $66.12 and a 200-day simple moving average of $66.85. Winnebago Industries has a one year low of $54.70 and a one year high of $75.42. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.52 and a current ratio of 2.84. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 18.80 and a beta of 1.72.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings data on Thursday, March 21st. The construction company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. The business had revenue of $703.60 million for the quarter, compared to the consensus estimate of $692.63 million. Winnebago Industries had a net margin of 3.70% and a return on equity of 14.15%. On average, analysts predict that Winnebago Industries will post 5.15 EPS for the current year.

Winnebago Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 24th. Investors of record on Wednesday, April 10th were issued a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, April 9th. This represents a $1.24 annualized dividend and a yield of 1.97%. Winnebago Industries’s dividend payout ratio (DPR) is currently 37.13%.

Institutional Trading of Winnebago Industries

A number of large investors have recently bought and sold shares of WGO. GAMMA Investing LLC bought a new stake in shares of Winnebago Industries during the fourth quarter worth $30,000. Principal Securities Inc. bought a new position in Winnebago Industries in the fourth quarter valued at about $39,000. TFO Wealth Partners LLC boosted its holdings in Winnebago Industries by 33,433.3% in the fourth quarter. TFO Wealth Partners LLC now owns 2,012 shares of the construction company’s stock valued at $147,000 after acquiring an additional 2,006 shares during the last quarter. Versor Investments LP bought a new position in Winnebago Industries in the third quarter valued at about $207,000. Finally, EMC Capital Management bought a new position in Winnebago Industries in the third quarter valued at about $222,000.

Winnebago Industries Company Profile

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.