Winnebago Industries (NYSE:WGO) Downgraded to “Sell” Rating by Wall Street Zen

Winnebago Industries (NYSE:WGO) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

A number of other equities analysts also recently commented on the stock. Citigroup lifted their price objective on shares of Winnebago Industries from $29.00 to $30.00 and gave the stock a “neutral” rating in a report on Monday, June 29th. Truist Financial dropped their target price on shares of Winnebago Industries from $43.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, July 8th. Benchmark decreased their price target on shares of Winnebago Industries from $48.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd. Robert W. Baird dropped their price objective on shares of Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating on the stock in a research note on Thursday, March 26th. Finally, DA Davidson restated a “neutral” rating and issued a $35.00 target price on shares of Winnebago Industries in a research note on Monday, June 15th. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $36.33.

Winnebago Industries Trading Down 2.0%

Shares of NYSE WGO opened at $30.68 on Friday. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. The stock’s 50 day moving average price is $29.49 and its two-hundred day moving average price is $35.73. Winnebago Industries has a 52-week low of $26.80 and a 52-week high of $50.16. The stock has a market capitalization of $867.27 million, a P/E ratio of 22.56 and a beta of 1.12.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.10). Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The firm had revenue of $698.70 million during the quarter, compared to analyst estimates of $755.67 million. During the same quarter in the previous year, the business posted $0.81 EPS. Winnebago Industries’s revenue was down 9.9% compared to the same quarter last year. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, analysts anticipate that Winnebago Industries will post 1.82 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Winnebago Industries

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio boosted its stake in Winnebago Industries by 10.3% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the RV manufacturer’s stock valued at $101,000 after purchasing an additional 233 shares in the last quarter. Verdence Capital Advisors LLC raised its stake in shares of Winnebago Industries by 4.3% in the 4th quarter. Verdence Capital Advisors LLC now owns 5,916 shares of the RV manufacturer’s stock worth $240,000 after buying an additional 244 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Winnebago Industries by 90.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock worth $26,000 after buying an additional 364 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Winnebago Industries by 2.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock valued at $568,000 after buying an additional 401 shares during the period. Finally, State of Alaska Department of Revenue lifted its holdings in shares of Winnebago Industries by 2.6% in the fourth quarter. State of Alaska Department of Revenue now owns 15,900 shares of the RV manufacturer’s stock valued at $643,000 after buying an additional 402 shares during the period.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.