Winnebago Industries, Inc. (NYSE:WGO) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Winnebago Industries, Inc. (NYSE:WGO) has been assigned an average rating of “Moderate Buy” from the five research firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $71.80.

A number of research firms have recently commented on WGO. Roth Mkm reiterated a “neutral” rating and set a $70.00 target price on shares of Winnebago Industries in a research report on Thursday, March 21st. StockNews.com upgraded Winnebago Industries from a “sell” rating to a “hold” rating in a report on Saturday, April 13th. Finally, DA Davidson upped their price objective on Winnebago Industries from $64.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, March 26th.

Winnebago Industries Price Performance

NYSE:WGO opened at $62.80 on Thursday. The stock has a 50 day moving average price of $66.12 and a 200 day moving average price of $66.85. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.52 and a current ratio of 2.84. The stock has a market cap of $1.84 billion, a PE ratio of 18.80 and a beta of 1.72. Winnebago Industries has a one year low of $54.70 and a one year high of $75.42.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Thursday, March 21st. The construction company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. The business had revenue of $703.60 million during the quarter, compared to analyst estimates of $692.63 million. Winnebago Industries had a return on equity of 14.15% and a net margin of 3.70%. Equities research analysts expect that Winnebago Industries will post 5.15 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 24th. Stockholders of record on Wednesday, April 10th were given a dividend of $0.31 per share. The ex-dividend date was Tuesday, April 9th. This represents a $1.24 annualized dividend and a dividend yield of 1.97%. Winnebago Industries’s payout ratio is 37.13%.

Institutional Investors Weigh In On Winnebago Industries

Large investors have recently made changes to their positions in the company. GAMMA Investing LLC acquired a new position in Winnebago Industries in the fourth quarter worth approximately $30,000. Principal Securities Inc. acquired a new stake in shares of Winnebago Industries in the 4th quarter valued at $39,000. TFO Wealth Partners LLC lifted its position in Winnebago Industries by 33,433.3% during the 4th quarter. TFO Wealth Partners LLC now owns 2,012 shares of the construction company’s stock worth $147,000 after acquiring an additional 2,006 shares during the last quarter. Versor Investments LP acquired a new position in Winnebago Industries during the 3rd quarter worth $207,000. Finally, EMC Capital Management acquired a new position in shares of Winnebago Industries during the third quarter valued at about $222,000.

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.