DA Davidson Has Optimistic Outlook of WGO FY2025 Earnings

Winnebago Industries, Inc. (NYSE:WGO) – Investment analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for shares of Winnebago Industries in a report issued on Tuesday, December 24th. DA Davidson analyst B. Rolle now expects that the construction company will earn $4.50 per share for the year, up from their previous forecast of $4.05. DA Davidson currently has a “Neutral” rating and a $54.00 target price on the stock. The consensus estimate for Winnebago Industries’ current full-year earnings is $3.52 per share.

Several other equities analysts also recently weighed in on the company. StockNews.com downgraded Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, October 29th. BMO Capital Markets cut their price target on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Benchmark reiterated a “buy” rating and issued a $70.00 price target on shares of Winnebago Industries in a report on Monday, December 23rd. Truist Financial lowered their target price on shares of Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Finally, Northcoast Research raised shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price objective for the company in a research report on Monday, November 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.63.

Winnebago Industries Stock Down 2.5 %

Shares of WGO opened at $46.92 on Friday. The business’s 50 day simple moving average is $56.50 and its 200-day simple moving average is $56.88. Winnebago Industries has a 1 year low of $46.16 and a 1 year high of $74.10. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.44 and a quick ratio of 1.36. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 156.41 and a beta of 1.60.

Winnebago Industries (NYSE:WGO) last released its earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.23). Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The firm had revenue of $625.60 million during the quarter, compared to analysts’ expectations of $672.23 million. During the same period in the prior year, the company posted $1.06 earnings per share. The company’s revenue was down 18.0% compared to the same quarter last year.

Institutional Investors Weigh In On Winnebago Industries

A number of institutional investors and hedge funds have recently bought and sold shares of WGO. Pacer Advisors Inc. boosted its position in Winnebago Industries by 47.8% during the second quarter. Pacer Advisors Inc. now owns 1,431,764 shares of the construction company’s stock worth $77,602,000 after acquiring an additional 463,257 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Winnebago Industries by 1,772.8% in the 2nd quarter. Millennium Management LLC now owns 210,504 shares of the construction company’s stock worth $11,409,000 after purchasing an additional 199,264 shares during the period. Edgestream Partners L.P. purchased a new stake in Winnebago Industries during the second quarter worth approximately $9,708,000. JPMorgan Chase & Co. increased its holdings in Winnebago Industries by 25.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock valued at $49,714,000 after purchasing an additional 173,274 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of Winnebago Industries by 1,242.6% during the 3rd quarter. Janus Henderson Group PLC now owns 181,579 shares of the construction company’s stock valued at $10,552,000 after buying an additional 168,055 shares during the period.

Insider Buying and Selling

In other news, SVP Bret A. Woodson sold 12,187 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $56.64, for a total transaction of $690,271.68. Following the transaction, the senior vice president now directly owns 23,728 shares in the company, valued at $1,343,953.92. The trade was a 33.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William C. Fisher acquired 2,000 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The shares were acquired at an average cost of $54.81 per share, for a total transaction of $109,620.00. Following the acquisition, the director now directly owns 32,267 shares of the company’s stock, valued at $1,768,554.27. This trade represents a 6.61 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.63% of the stock is owned by company insiders.

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Wednesday, January 15th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.36 dividend on an annualized basis and a yield of 2.90%. Winnebago Industries’s dividend payout ratio is presently -206.06%.

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 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.