$3.00 Earnings Per Share Expected for Winnebago Industries, Inc. (NYSE:WGO) This Quarter

Wall Street brokerages predict that Winnebago Industries, Inc. (NYSE:WGOGet Rating) will post $3.00 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Winnebago Industries’ earnings, with the lowest EPS estimate coming in at $2.87 and the highest estimate coming in at $3.27. Winnebago Industries reported earnings of $2.16 per share in the same quarter last year, which would indicate a positive year over year growth rate of 38.9%. The company is expected to announce its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Winnebago Industries will report full year earnings of $12.51 per share for the current financial year, with EPS estimates ranging from $12.07 to $13.65. For the next year, analysts expect that the company will report earnings of $10.01 per share, with EPS estimates ranging from $9.39 to $10.75. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Winnebago Industries.

Winnebago Industries (NYSE:WGOGet Rating) last issued its quarterly earnings data on Wednesday, March 23rd. The construction company reported $3.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.94 by $0.20. Winnebago Industries had a return on equity of 35.21% and a net margin of 8.02%. The company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the previous year, the company posted $2.12 earnings per share. Winnebago Industries’s revenue was up 38.7% compared to the same quarter last year.

Several analysts recently issued reports on WGO shares. Citigroup cut their target price on shares of Winnebago Industries from $74.00 to $67.00 and set a “buy” rating for the company in a research report on Tuesday, April 19th. DA Davidson initiated coverage on shares of Winnebago Industries in a research report on Wednesday, April 13th. They set a “buy” rating and a $70.00 price objective for the company. Zacks Investment Research cut Winnebago Industries from a “buy” rating to a “hold” rating and set a $67.00 target price on the stock. in a report on Monday, February 21st. BMO Capital Markets cut their price target on Winnebago Industries from $115.00 to $95.00 and set an “outperform” rating for the company in a report on Thursday, March 24th. Finally, Truist Financial reduced their price target on Winnebago Industries from $85.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, March 24th. Five investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $81.50.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cascade Investment Advisors Inc. lifted its stake in Winnebago Industries by 1.0% in the 4th quarter. Cascade Investment Advisors Inc. now owns 21,233 shares of the construction company’s stock worth $1,591,000 after purchasing an additional 200 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of Winnebago Industries by 9.4% in the third quarter. Captrust Financial Advisors now owns 2,532 shares of the construction company’s stock worth $183,000 after buying an additional 218 shares in the last quarter. Public Sector Pension Investment Board grew its holdings in Winnebago Industries by 0.4% during the 4th quarter. Public Sector Pension Investment Board now owns 68,152 shares of the construction company’s stock valued at $5,106,000 after buying an additional 260 shares in the last quarter. State of New Jersey Common Pension Fund D increased its stake in Winnebago Industries by 0.8% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 38,906 shares of the construction company’s stock worth $2,915,000 after acquiring an additional 307 shares during the last quarter. Finally, Stifel Financial Corp raised its holdings in shares of Winnebago Industries by 11.5% during the 4th quarter. Stifel Financial Corp now owns 4,013 shares of the construction company’s stock worth $301,000 after acquiring an additional 413 shares in the last quarter. 92.03% of the stock is currently owned by institutional investors.

Shares of Winnebago Industries stock traded down $1.22 during trading hours on Monday, reaching $54.12. 9,711 shares of the stock traded hands, compared to its average volume of 758,865. Winnebago Industries has a one year low of $51.29 and a one year high of $85.15. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 5.35 and a beta of 1.80. The company has a quick ratio of 1.16, a current ratio of 2.18 and a debt-to-equity ratio of 0.44. The company has a 50 day moving average price of $58.69 and a 200 day moving average price of $66.55.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 27th. Shareholders of record on Wednesday, April 13th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, April 12th. This represents a $0.72 dividend on an annualized basis and a yield of 1.33%. Winnebago Industries’s dividend payout ratio is presently 7.14%.

About Winnebago Industries (Get Rating)

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates in six segments: Grand Design Towables, Winnebago Towables, Winnebago Motorhomes, Newmar motorhomes, Chris-Craft Marine, and Winnebago Specialty Vehicles.

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Earnings History and Estimates for Winnebago Industries (NYSE:WGO)

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