Winnebago Industries (NYSE:WGO) Shares Up 13.7% – What’s Next?

Winnebago Industries, Inc. (NYSE:WGO) rose 13.7% on Thursday . The stock traded as high as $31.10 and last traded at $31.0160. Approximately 346,632 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 655,647 shares. The stock had previously closed at $27.27.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WGO. Roth Mkm dropped their price objective on Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating on the stock in a report on Tuesday. Benchmark decreased their price target on Winnebago Industries from $48.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday. Wall Street Zen downgraded shares of Winnebago Industries from a “buy” rating to a “hold” rating in a report on Sunday, May 24th. Northcoast Research cut shares of Winnebago Industries from a “buy” rating to a “neutral” rating in a research note on Monday, June 1st. Finally, DA Davidson restated a “neutral” rating and set a $35.00 price target on shares of Winnebago Industries in a research report on Monday, June 15th. Three equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $37.90.

Winnebago Industries Price Performance

The company has a current ratio of 2.30, a quick ratio of 0.99 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $870.31 million, a PE ratio of 20.91 and a beta of 1.12. The business has a fifty day moving average price of $30.15 and a 200-day moving average price of $36.92.

Winnebago Industries (NYSE:WGO) last released its earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.12). Winnebago Industries had a return on equity of 4.99% and a net margin of 1.43%.The firm had revenue of $698.70 million during the quarter, compared to the consensus estimate of $755.67 million. During the same quarter in the previous year, the firm earned $0.81 EPS. The business’s quarterly revenue was down 9.9% compared to the same quarter last year. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. Research analysts expect that Winnebago Industries, Inc. will post 2.31 EPS for the current fiscal year.

Winnebago Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were paid a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $1.40 annualized dividend and a yield of 4.5%. Winnebago Industries’s payout ratio is currently 95.24%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Fox Run Management L.L.C. purchased a new position in Winnebago Industries in the 3rd quarter worth approximately $1,093,000. Royce & Associates LP purchased a new stake in shares of Winnebago Industries during the third quarter valued at approximately $6,838,000. Gamco Investors INC. ET AL boosted its stake in shares of Winnebago Industries by 55.6% during the third quarter. Gamco Investors INC. ET AL now owns 225,429 shares of the RV manufacturer’s stock valued at $7,538,000 after purchasing an additional 80,559 shares during the period. UBS Group AG grew its holdings in shares of Winnebago Industries by 224.7% in the fourth quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock worth $54,870,000 after purchasing an additional 937,140 shares during the last quarter. Finally, Teton Advisors LLC bought a new stake in Winnebago Industries in the 3rd quarter worth $669,000.

Winnebago Industries Company Profile

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.