Winnebago Industries (NYSE:WGO) Price Target Raised to $46.00

Winnebago Industries (NYSE:WGO) had its target price lifted by Truist Financial from $36.00 to $46.00 in a report issued on Monday morning,Benzinga reports. They currently have a buy rating on the RV manufacturer’s stock.

Several other equities analysts have also recently weighed in on the stock. Zacks Research raised shares of Winnebago Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, October 24th. BMO Capital Markets increased their price target on shares of Winnebago Industries from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Winnebago Industries in a research note on Wednesday, October 8th. Loop Capital assumed coverage on shares of Winnebago Industries in a report on Friday, October 31st. They issued a “hold” rating and a $40.00 target price on the stock. Finally, Citigroup lifted their price target on Winnebago Industries from $36.00 to $41.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $39.00.

Winnebago Industries Price Performance

NYSE:WGO opened at $34.05 on Monday. Winnebago Industries has a 52-week low of $28.00 and a 52-week high of $63.53. The company has a market cap of $960.42 million, a P/E ratio of 37.42 and a beta of 1.13. 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 stock’s 50-day simple moving average is $34.55 and its 200 day simple moving average is $33.41.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Wednesday, October 22nd. The RV manufacturer reported $0.71 EPS for the quarter, beating the consensus estimate of $0.58 by $0.13. The firm had revenue of $777.30 million during the quarter, compared to analysts’ expectations of $724.89 million. Winnebago Industries had a return on equity of 3.86% and a net margin of 0.92%.The business’s quarterly 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 earnings per share. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. As a group, sell-side analysts forecast that Winnebago Industries will post 3.41 EPS for the current fiscal year.

Insider Transactions at Winnebago Industries

In other news, Director Sara E. Armbruster bought 2,700 shares of the firm’s stock in a transaction dated Friday, October 24th. The shares were bought at an average price of $40.27 per share, with a total value of $108,729.00. Following the completion of the transaction, the director owned 14,426 shares of the company’s stock, valued at $580,935.02. This trade represents a 23.03% increase in their ownership of the stock. The purchase 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 stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $41.38, for a total value of $294,004.90. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. 4.88% of the stock is currently owned by corporate insiders.

Institutional Trading of Winnebago Industries

Institutional investors have recently added to or reduced their stakes in the company. Teacher Retirement System of Texas bought a new position in Winnebago Industries during the 1st quarter worth $254,000. Principal Financial Group Inc. grew its stake in shares of Winnebago Industries by 1.0% in the first quarter. Principal Financial Group Inc. now owns 167,320 shares of the RV manufacturer’s stock valued at $5,766,000 after acquiring an additional 1,640 shares in the last quarter. DekaBank Deutsche Girozentrale increased its position in Winnebago Industries by 113.5% during the first quarter. DekaBank Deutsche Girozentrale now owns 3,186 shares of the RV manufacturer’s stock worth $109,000 after acquiring an additional 1,694 shares during the period. Allworth Financial LP increased 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 worth $55,000 after acquiring an additional 633 shares during the period. Finally, CWM LLC raised its stake in Winnebago Industries by 5.3% in the 1st quarter. CWM LLC now owns 31,227 shares of the RV manufacturer’s stock worth $1,076,000 after purchasing an additional 1,566 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.