Winnebago Industries (NYSE:WGO) Upgraded by Wall Street Zen to “Buy” Rating

Winnebago Industries (NYSE:WGO) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

A number of other research firms also recently commented on WGO. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a research note on Thursday, October 23rd. Loop Capital began coverage on Winnebago Industries in a report on Friday, October 31st. They set a “hold” rating and a $40.00 target price on the stock. Zacks Research upgraded Winnebago Industries from a “strong sell” rating to a “hold” rating in a research report on Friday, October 24th. BMO Capital Markets upped their price target on Winnebago Industries from $40.00 to $45.00 and gave the company an “outperform” rating in a research report on Friday, October 24th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Winnebago Industries in a report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $39.00.

Winnebago Industries Stock Up 8.2%

WGO stock opened at $34.78 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.21 and a debt-to-equity ratio of 0.44. The firm has a 50 day simple moving average of $34.22 and a 200-day simple moving average of $33.44. The company has a market capitalization of $980.90 million, a P/E ratio of 38.21 and a beta of 1.13. Winnebago Industries has a twelve month low of $28.00 and a twelve month high of $63.00.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings data on Wednesday, October 22nd. The RV manufacturer reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.13. The firm had revenue of $777.30 million for the quarter, compared to the consensus estimate of $724.89 million. Winnebago Industries had a net margin of 0.92% and a return on equity of 3.86%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.28 EPS. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. On average, equities research analysts predict that Winnebago Industries will post 3.41 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Sara E. Armbruster bought 2,700 shares of the company’s stock in a transaction on Friday, October 24th. The shares were purchased at an average cost of $40.27 per share, with a total value of $108,729.00. Following the completion of the transaction, the director directly owned 14,426 shares of the company’s stock, valued at approximately $580,935.02. This represents a 23.03% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Michael J. Happe sold 7,105 shares of the firm’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $41.38, for a total value of $294,004.90. Following the completion of the sale, the chief executive officer owned 347,501 shares in the company, valued at $14,379,591.38. The trade was a 2.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.88% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of WGO. Y Intercept Hong Kong Ltd acquired a new stake in shares of Winnebago Industries in the first quarter valued at approximately $650,000. University of Texas Texas AM Investment Management Co. bought a new position in Winnebago Industries in the 1st quarter worth approximately $1,007,000. GSA Capital Partners LLP increased its position in Winnebago Industries by 212.4% in the 1st quarter. GSA Capital Partners LLP now owns 19,474 shares of the RV manufacturer’s stock valued at $671,000 after acquiring an additional 13,240 shares during the period. De Lisle Partners LLP increased its position in Winnebago Industries by 0.8% in the 1st quarter. De Lisle Partners LLP now owns 146,326 shares of the RV manufacturer’s stock valued at $5,048,000 after acquiring an additional 1,103 shares during the period. Finally, XTX Topco Ltd raised its stake in Winnebago Industries by 119.5% during the 1st quarter. XTX Topco Ltd now owns 41,066 shares of the RV manufacturer’s stock valued at $1,415,000 after acquiring an additional 22,356 shares in the last quarter.

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.