Winnebago Industries, Inc. (NYSE:WGO) Given Consensus Rating of “Hold” by Analysts

Shares of Winnebago Industries, Inc. (NYSE:WGO) have been given an average rating of “Hold” by the eleven brokerages that are presently covering the stock, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $42.30.

A number of brokerages have recently commented on WGO. Citigroup lowered their price target on Winnebago Industries from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Friday, March 27th. Robert W. Baird lowered their price target on Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating on the stock in a report on Thursday, March 26th. Weiss Ratings raised Winnebago Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, April 29th. Wall Street Zen lowered Winnebago Industries from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Finally, Truist Financial lowered their price target on Winnebago Industries from $47.00 to $43.00 and set a “buy” rating on the stock in a report on Thursday, April 9th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WGO. UBS Group AG increased its holdings in shares of Winnebago Industries by 224.7% during the fourth quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock valued at $54,870,000 after purchasing an additional 937,140 shares during the period. Pzena Investment Management LLC bought a new position in Winnebago Industries during the fourth quarter valued at about $37,642,000. Deprince Race & Zollo Inc. boosted its stake in Winnebago Industries by 300.6% during the first quarter. Deprince Race & Zollo Inc. now owns 573,448 shares of the RV manufacturer’s stock valued at $17,771,000 after buying an additional 430,300 shares in the last quarter. Maple Rock Capital Partners Inc. boosted its stake in Winnebago Industries by 111.2% during the third quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock valued at $22,746,000 after buying an additional 358,100 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in Winnebago Industries during the third quarter valued at about $9,785,000.

Winnebago Industries Price Performance

Shares of NYSE WGO opened at $31.75 on Monday. Winnebago Industries has a 1-year low of $28.00 and a 1-year high of $50.16. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.30 and a quick ratio of 0.99. The business’s fifty day moving average price is $33.72 and its two-hundred day moving average price is $38.61. The firm has a market capitalization of $897.66 million, a PE ratio of 21.60 and a beta of 1.17.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Wednesday, March 25th. The RV manufacturer reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.02. Winnebago Industries had a return on equity of 4.99% and a net margin of 1.43%.The firm had revenue of $657.40 million for the quarter, compared to analyst estimates of $628.00 million. During the same period last year, the company earned $0.19 earnings per share. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, research analysts expect that Winnebago Industries will post 2.33 EPS for the current year.

Winnebago Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 29th. Stockholders of record on Wednesday, April 15th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Wednesday, April 15th. Winnebago Industries’s dividend payout ratio (DPR) is 95.24%.

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.