Loop Capital Begins Coverage on Winnebago Industries (NYSE:WGO)

Loop Capital initiated coverage on shares of Winnebago Industries (NYSE:WGO) in a note issued to investors on Friday, MarketBeat.com reports. The brokerage set a “hold” rating and a $40.00 price target on the RV manufacturer’s stock. Loop Capital’s price objective would indicate a potential upside of 6.01% from the company’s current price.

Several other analysts have also issued reports on WGO. Citigroup boosted their price target on Winnebago Industries from $36.00 to $41.00 and gave the company a “buy” rating in a report on Friday, September 12th. Zacks Research raised Winnebago Industries from a “strong sell” rating to a “hold” rating in a report on Friday, October 24th. KeyCorp reissued a “sector weight” rating on shares of Winnebago Industries in a report on Thursday, October 23rd. DA Davidson boosted their price objective on Winnebago Industries from $32.00 to $38.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Winnebago Industries in a research note on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Winnebago Industries currently has a consensus rating of “Hold” and an average target price of $41.60.

Winnebago Industries Stock Performance

NYSE:WGO opened at $37.73 on Friday. The stock has a 50-day simple moving average of $34.54 and a two-hundred day simple moving average of $33.16. Winnebago Industries has a 52-week low of $28.00 and a 52-week high of $65.65. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.21 and a current ratio of 2.42. The firm has a market capitalization of $1.06 billion, a PE ratio of 41.47 and a beta of 1.14.

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

Insider Transactions at Winnebago Industries

In related news, CEO Michael J. Happe sold 7,105 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $14,379,591.38. The trade was a 2.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sara E. Armbruster bought 2,700 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The stock was purchased at an average price of $40.27 per share, for a total transaction of $108,729.00. Following the completion of the transaction, the director directly owned 14,426 shares of the company’s stock, valued at $580,935.02. This represents a 23.03% increase in their position. The disclosure for this purchase is available in the SEC filing. 4.63% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Winnebago Industries

Hedge funds have recently made changes to their positions in the company. Signaturefd LLC purchased a new stake in shares of Winnebago Industries in the first quarter worth about $31,000. Farther Finance Advisors LLC lifted its position in shares of Winnebago Industries by 53.3% in the second quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock worth $32,000 after buying an additional 385 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Winnebago Industries by 62.8% in the second quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock worth $33,000 after buying an additional 433 shares in the last quarter. State of Wyoming purchased a new stake in shares of Winnebago Industries in the first quarter worth about $47,000. Finally, Allworth Financial LP raised its position in Winnebago Industries by 61.5% during the first quarter. Allworth Financial LP now owns 1,663 shares of the RV manufacturer’s stock valued at $55,000 after purchasing an additional 633 shares during the period.

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.