Winnebago Industries, Inc. (NYSE:WGO) Receives $41.60 Consensus Target Price from Brokerages

Shares of Winnebago Industries, Inc. (NYSE:WGO) have earned an average recommendation of “Hold” from the twelve ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $39.00.

A number of brokerages have recently commented on WGO. Loop Capital assumed coverage on Winnebago Industries in a research note on Friday, October 31st. They issued a “hold” rating and a $40.00 target price on the stock. BMO Capital Markets upped their price objective on Winnebago Industries from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Winnebago Industries in a research note on Wednesday, October 8th. Truist Financial boosted their target price on shares of Winnebago Industries from $36.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Finally, Zacks Research raised shares of Winnebago Industries from a “strong sell” rating to a “hold” rating in a report on Friday, October 24th.

Insider Activity

In other Winnebago Industries news, CEO Michael J. Happe sold 7,105 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $41.38, for a total value of $294,004.90. Following the sale, the chief executive officer directly owned 347,501 shares of the company’s stock, valued at approximately $14,379,591.38. This trade represents a 2.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sara E. Armbruster acquired 2,700 shares of the business’s stock in a transaction dated Friday, October 24th. The stock was acquired at an average price of $40.27 per share, with a total value of $108,729.00. Following the completion of the transaction, the director directly owned 14,426 shares of the company’s stock, valued at approximately $580,935.02. This represents a 23.03% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 4.88% of the company’s stock.

Institutional Investors Weigh In On Winnebago Industries

A number of institutional investors have recently added to or reduced their stakes in WGO. Hotchkis & Wiley Capital Management LLC purchased a new stake in Winnebago Industries in the 3rd quarter worth $9,785,000. Maple Rock Capital Partners Inc. increased its stake in shares of Winnebago Industries by 111.2% during the third quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock worth $22,746,000 after purchasing an additional 358,100 shares in the last quarter. Occudo Quantitative Strategies LP purchased a new stake in shares of Winnebago Industries during the third quarter worth about $610,000. Two Sigma Investments LP raised its position in shares of Winnebago Industries by 34.8% during the 3rd quarter. Two Sigma Investments LP now owns 329,057 shares of the RV manufacturer’s stock worth $11,004,000 after purchasing an additional 84,947 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Winnebago Industries in the 3rd quarter valued at about $3,426,000.

Winnebago Industries Stock Up 0.3%

NYSE:WGO opened at $33.57 on Monday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.42 and a quick ratio of 1.21. The company’s fifty day moving average price is $34.42 and its 200-day moving average price is $33.42. Winnebago Industries has a 1-year low of $28.00 and a 1-year high of $63.00. The firm has a market capitalization of $946.91 million, a P/E ratio of 36.89 and a beta of 1.13.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Wednesday, October 22nd. The RV manufacturer reported $0.71 EPS for the quarter, beating the consensus estimate of $0.58 by $0.13. The company had revenue of $777.30 million for the quarter, compared to analyst estimates of $724.89 million. Winnebago Industries had a net margin of 0.92% and a return on equity of 3.86%. The firm’s revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.28 earnings per share. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. As a group, equities research analysts anticipate that Winnebago Industries will post 3.41 EPS for the current year.

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.