Winnebago Industries (NYSE:WGO) Stock Price Expected to Rise, Citigroup Analyst Says

Winnebago Industries (NYSE:WGO) had its price target boosted by Citigroup from $51.00 to $54.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the RV manufacturer’s stock. Citigroup’s price target suggests a potential upside of 12.99% from the company’s current price.

A number of other equities analysts have also commented on the company. Griffin Securities set a $40.00 price target on Winnebago Industries in a report on Tuesday, December 23rd. Loop Capital started coverage on Winnebago Industries in a research note on Friday, October 31st. They issued a “hold” rating and a $40.00 target price for the company. KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a report on Monday, December 22nd. BMO Capital Markets increased their price target on shares of Winnebago Industries from $45.00 to $48.00 and gave the stock an “outperform” rating in a report on Monday, December 22nd. Finally, Benchmark boosted their price objective on shares of Winnebago Industries from $42.00 to $48.00 and gave the company a “buy” rating in a research note on Tuesday, December 23rd. Four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $42.80.

Winnebago Industries Trading Up 1.1%

NYSE:WGO opened at $47.79 on Friday. Winnebago Industries has a 12 month low of $28.00 and a 12 month high of $50.31. The company has a current ratio of 2.69, a quick ratio of 1.25 and a debt-to-equity ratio of 0.44. The firm’s 50 day moving average is $39.37 and its 200 day moving average is $35.58. The stock has a market capitalization of $1.35 billion, a PE ratio of 37.34 and a beta of 1.08.

Winnebago Industries (NYSE:WGO) last released its earnings results on Friday, December 19th. The RV manufacturer reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.26. Winnebago Industries had a return on equity of 4.83% and a net margin of 1.27%.The business had revenue of $702.70 million during the quarter, compared to the consensus estimate of $628.51 million. During the same period last year, the business posted ($0.03) earnings per share. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. Sell-side analysts expect that Winnebago Industries will post 3.41 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Sara E. Armbruster purchased 2,700 shares of the business’s stock in a transaction on Friday, October 24th. The stock was acquired at an average price of $40.27 per share, with a total value of $108,729.00. Following the purchase, the director directly owned 14,426 shares in the company, valued at approximately $580,935.02. This represents a 23.03% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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 transaction of $294,004.90. Following the sale, the chief executive officer owned 347,501 shares in the company, valued at approximately $14,379,591.38. This trade represents a 2.00% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 4.88% of the company’s stock.

Hedge Funds Weigh In On Winnebago Industries

Hedge funds and other institutional investors have recently modified their holdings of the company. Amalgamated Bank raised its holdings in shares of Winnebago Industries by 3.4% during the 3rd quarter. Amalgamated Bank now owns 8,299 shares of the RV manufacturer’s stock valued at $278,000 after buying an additional 276 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in Winnebago Industries by 15.9% during the third quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock valued at $75,000 after acquiring an additional 309 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Winnebago Industries by 90.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock worth $26,000 after acquiring an additional 364 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Winnebago Industries by 53.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock worth $32,000 after acquiring an additional 385 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Winnebago Industries by 5.9% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,195 shares of the RV manufacturer’s stock valued at $209,000 after purchasing an additional 399 shares in the last quarter.

About Winnebago Industries

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.