Brokers Set Expectations for Winnebago Industries, Inc.’s Q4 2024 Earnings (NYSE:WGO)

Winnebago Industries, Inc. (NYSE:WGO) – Equities researchers at Zacks Research lifted their Q4 2024 earnings per share estimates for shares of Winnebago Industries in a research note issued to investors on Tuesday, October 31st. Zacks Research analyst R. Singhi now anticipates that the construction company will post earnings per share of $1.68 for the quarter, up from their previous estimate of $1.53. The consensus estimate for Winnebago Industries’ current full-year earnings is $6.57 per share. Zacks Research also issued estimates for Winnebago Industries’ Q2 2025 earnings at $1.86 EPS and Q3 2025 earnings at $2.23 EPS.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results on Wednesday, October 18th. The construction company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.23. Winnebago Industries had a return on equity of 19.94% and a net margin of 6.18%. The firm had revenue of $771.00 million during the quarter, compared to the consensus estimate of $784.30 million. During the same period in the prior year, the firm earned $3.02 EPS. The firm’s quarterly revenue was down 34.6% compared to the same quarter last year.

Several other analysts also recently issued reports on WGO. BMO Capital Markets lowered their price target on Winnebago Industries from $85.00 to $80.00 and set an “outperform” rating for the company in a report on Thursday, October 19th. Roth Mkm lowered their target price on Winnebago Industries from $61.00 to $58.00 and set a “neutral” rating for the company in a research note on Thursday, October 19th. Citigroup dropped their target price on Winnebago Industries from $77.00 to $73.00 and set a “buy” rating on the stock in a research report on Tuesday, October 17th. Truist Financial dropped their target price on Winnebago Industries from $75.00 to $74.00 and set a “buy” rating on the stock in a research report on Friday, September 15th. Finally, StockNews.com began coverage on Winnebago Industries in a research report on Thursday, October 5th. They set a “hold” rating on the stock. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $67.50.

Winnebago Industries Stock Up 3.4 %

Shares of NYSE WGO opened at $61.70 on Thursday. Winnebago Industries has a 12-month low of $51.74 and a 12-month high of $70.53. The company has a market cap of $1.84 billion, a P/E ratio of 9.89 and a beta of 1.67. The company has a current ratio of 2.52, a quick ratio of 1.33 and a debt-to-equity ratio of 0.43. The stock has a fifty day moving average price of $60.19 and a 200 day moving average price of $61.94.

Winnebago Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 27th. Investors of record on Wednesday, September 13th were issued a $0.31 dividend. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.27. This represents a $1.24 annualized dividend and a yield of 2.01%. The ex-dividend date of this dividend was Tuesday, September 12th. Winnebago Industries’s payout ratio is currently 19.87%.

Institutional Trading of Winnebago Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the company. State of Wyoming acquired a new position in Winnebago Industries in the fourth quarter valued at approximately $26,000. Advisors Asset Management Inc. boosted its stake 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 during the period. Industrial Alliance Investment Management Inc. acquired a new position in Winnebago Industries in the fourth quarter valued at approximately $48,000. Federated Hermes Inc. boosted its stake in Winnebago Industries by 134,200.0% in the first quarter. Federated Hermes Inc. now owns 1,343 shares of the construction company’s stock valued at $77,000 after acquiring an additional 1,342 shares during the period. Finally, US Bancorp DE boosted its stake in Winnebago Industries by 71.9% in the first quarter. US Bancorp DE now owns 1,365 shares of the construction company’s stock valued at $79,000 after acquiring an additional 571 shares during the period.

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 in six segments: Grand Design Towables, Winnebago Towables, Winnebago Motorhomes, Newmar motorhomes, Chris-Craft Marine, and Winnebago Specialty Vehicles.