Winnebago Industries (NYSE:WGO) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Winnebago Industries (NYSE:WGO – Get Rating) in a research note issued on Thursday. The brokerage set a “hold” rating on the construction company’s stock.

Several other equities research analysts have also recently weighed in on WGO. Northcoast Research cut Winnebago Industries from a “buy” rating to a “neutral” rating in a report on Monday, February 6th. Truist Financial raised their target price on shares of Winnebago Industries from $62.00 to $76.00 in a report on Friday, February 17th. MKM Partners lifted their target price on shares of Winnebago Industries from $53.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, January 27th. Finally, Citigroup increased their price target on shares of Winnebago Industries from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, February 24th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $71.00.

Winnebago Industries Trading Down 1.2 %

WGO stock opened at $56.82 on Thursday. The company has a market capitalization of $1.74 billion, a PE ratio of 5.36 and a beta of 1.68. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.15 and a current ratio of 2.42. Winnebago Industries has a one year low of $43.05 and a one year high of $70.53. The company’s 50 day moving average price is $62.40 and its two-hundred day moving average price is $58.68.

Winnebago Industries (NYSE:WGO – Get Rating) last issued its earnings results on Friday, December 16th. The construction company reported $2.07 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.24. Winnebago Industries had a net margin of 7.39% and a return on equity of 32.66%. The company had revenue of $952.20 million for the quarter, compared to analysts’ expectations of $898.59 million. As a group, analysts predict that Winnebago Industries will post 7.12 earnings per share for the current fiscal year.

Institutional Trading of Winnebago Industries

Several large investors have recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD boosted its holdings in Winnebago Industries by 0.9% in the second quarter. Price T Rowe Associates Inc. MD now owns 22,087 shares of the construction company’s stock valued at $1,073,000 after acquiring an additional 192 shares in the last quarter. Guggenheim Capital LLC boosted its holdings in Winnebago Industries by 6.2% in the first quarter. Guggenheim Capital LLC now owns 3,947 shares of the construction company’s stock valued at $213,000 after acquiring an additional 232 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Winnebago Industries by 0.3% in the fourth quarter. Franklin Resources Inc. now owns 91,333 shares of the construction company’s stock valued at $4,813,000 after acquiring an additional 247 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in Winnebago Industries by 71.8% in the first quarter. Advisors Asset Management Inc. now owns 622 shares of the construction company’s stock valued at $34,000 after acquiring an additional 260 shares in the last quarter. Finally, KBC Group NV boosted its holdings in Winnebago Industries by 1.3% in the third quarter. KBC Group NV now owns 22,067 shares of the construction company’s stock valued at $1,174,000 after acquiring an additional 280 shares in the last quarter. Institutional investors own 97.63% of the company’s stock.

Winnebago Industries Company Profile

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Winnebago Industries, Inc engages in the manufacture of recreational vehicles and marine products. It operates through the following business segments: Towable, Motorhome, and Marine. The Towable segment includes non-motorized vehicles that are designed to be towed by automobiles, pickup trucks, SUVs, and vans and are used as temporary living quarters for recreational travel.