Winnebago Industries (NYSE:WGO) Receives Sector Weight Rating from KeyCorp

Winnebago Industries (NYSE:WGO)‘s stock had its “sector weight” rating restated by research analysts at KeyCorp in a note issued to investors on Thursday, Marketbeat reports.

WGO has been the subject of a number of other research reports. Truist Financial reduced their target price on Winnebago Industries from $40.00 to $36.00 and set a “buy” rating for the company in a report on Thursday, June 26th. Robert W. Baird reduced their target price on Winnebago Industries from $38.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, June 26th. Benchmark reduced their target price on Winnebago Industries from $60.00 to $42.00 and set a “buy” rating for the company in a report on Monday, June 30th. BMO Capital Markets reduced their target price on Winnebago Industries from $50.00 to $42.00 and set an “outperform” rating for the company in a report on Thursday, June 26th. Finally, Roth Capital reduced their target price on Winnebago Industries from $37.00 to $30.00 and set a “neutral” rating for the company in a report on Thursday, June 26th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.78.

Winnebago Industries Stock Performance

NYSE WGO opened at $40.71 on Thursday. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of -69.00 and a beta of 1.14. Winnebago Industries has a twelve month low of $28.00 and a twelve month high of $65.65. The company has a current ratio of 2.41, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44. The stock has a 50-day moving average of $33.91 and a 200 day moving average of $32.74.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Wednesday, October 22nd. The RV manufacturer reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.13. The company had revenue of $777.30 million during the quarter, compared to analysts’ expectations of $724.89 million. Winnebago Industries had a positive return on equity of 2.86% and a negative net margin of 0.62%.Winnebago Industries’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.28 EPS. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. Sell-side analysts anticipate that Winnebago Industries will post 3.41 EPS for the current fiscal year.

Institutional Investors Weigh In On Winnebago Industries

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC increased its stake in Winnebago Industries by 7.0% during the third quarter. Exchange Traded Concepts LLC now owns 8,335 shares of the RV manufacturer’s stock worth $279,000 after acquiring an additional 545 shares during the last quarter. Cascade Investment Advisors Inc. increased its stake in Winnebago Industries by 30.7% during the third quarter. Cascade Investment Advisors Inc. now owns 33,206 shares of the RV manufacturer’s stock worth $1,110,000 after acquiring an additional 7,794 shares during the last quarter. Corient Private Wealth LLC acquired a new stake in Winnebago Industries during the second quarter worth $314,000. Texas Permanent School Fund Corp increased its stake in Winnebago Industries by 35.1% during the second quarter. Texas Permanent School Fund Corp now owns 20,084 shares of the RV manufacturer’s stock worth $582,000 after acquiring an additional 5,220 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in Winnebago Industries during the second quarter worth $231,000.

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.