Winnebago Industries (NYSE:WGO) Now Covered by Analysts at Seaport Research Partners

Equities research analysts at Seaport Research Partners assumed coverage on shares of Winnebago Industries (NYSE:WGO) in a research note issued on Monday,Benzinga reports. The firm set a “neutral” rating on the RV manufacturer’s stock.

Other equities research analysts have also recently issued reports about the stock. Griffin Securities set a $35.00 price target on shares of Winnebago Industries in a report on Monday, June 15th. Zacks Research downgraded Winnebago Industries from a “hold” rating to a “strong sell” rating in a report on Friday, June 26th. Roth Capital dropped their price target on shares of Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 23rd. Northcoast Research downgraded Winnebago Industries from a “buy” rating to a “neutral” rating in a research note on Monday, June 1st. Finally, Citigroup raised their target price on Winnebago Industries from $29.00 to $30.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $36.33.

Winnebago Industries Stock Performance

Shares of NYSE:WGO opened at $30.81 on Monday. The firm has a market cap of $871.11 million, a PE ratio of 22.66 and a beta of 1.12. Winnebago Industries has a 12-month low of $26.80 and a 12-month high of $50.16. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. The company’s 50 day moving average price is $29.59 and its two-hundred day moving average price is $35.34.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings data on Thursday, June 25th. The RV manufacturer reported $0.66 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.10). Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The firm had revenue of $698.70 million for the quarter, compared to analyst estimates of $755.67 million. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The firm’s revenue for the quarter was down 9.9% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. Equities research analysts predict that Winnebago Industries will post 1.82 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in WGO. Pacer Advisors Inc. bought a new stake in Winnebago Industries in the 1st quarter valued at about $4,882,000. California State Teachers Retirement System raised its position in shares of Winnebago Industries by 39.3% in the first quarter. California State Teachers Retirement System now owns 37,104 shares of the RV manufacturer’s stock valued at $1,150,000 after purchasing an additional 10,476 shares during the period. Empowered Funds LLC raised its position in shares of Winnebago Industries by 31.7% in the first quarter. Empowered Funds LLC now owns 137,546 shares of the RV manufacturer’s stock valued at $4,263,000 after purchasing an additional 33,085 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Winnebago Industries by 41.7% during the 1st quarter. The Manufacturers Life Insurance Company now owns 11,562 shares of the RV manufacturer’s stock valued at $358,000 after buying an additional 3,404 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Winnebago Industries by 72.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 664,638 shares of the RV manufacturer’s stock valued at $20,597,000 after buying an additional 280,017 shares in the last quarter.

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.