DA Davidson Expects Higher Earnings for Winnebago Industries

Winnebago Industries, Inc. (NYSE:WGO) – Stock analysts at DA Davidson increased their FY2025 earnings per share (EPS) estimates for shares of Winnebago Industries in a research note issued to investors on Tuesday, December 24th. DA Davidson analyst B. Rolle now forecasts that the construction company will post earnings per share of $4.50 for the year, up from their previous estimate of $4.05. DA Davidson currently has a “Neutral” rating and a $54.00 target price on the stock. The consensus estimate for Winnebago Industries’ current full-year earnings is $3.52 per share.

A number of other equities research analysts also recently commented on the company. Robert W. Baird cut their price objective on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. BMO Capital Markets reduced their target price on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. Truist Financial cut their price objective on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating on the stock in a report on Thursday, October 24th. Northcoast Research upgraded shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 target price for the company in a report on Monday, November 11th. Finally, Benchmark restated a “buy” rating and set a $70.00 price target on shares of Winnebago Industries in a report on Monday, December 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Winnebago Industries presently has an average rating of “Moderate Buy” and an average price target of $66.63.

Winnebago Industries Stock Down 2.5 %

WGO stock opened at $46.92 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.44 and a quick ratio of 1.36. The firm has a market cap of $1.33 billion, a PE ratio of 156.41 and a beta of 1.60. Winnebago Industries has a 12 month low of $46.16 and a 12 month high of $74.10. The firm has a 50 day simple moving average of $56.50 and a 200 day simple moving average of $56.88.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.23). The business had revenue of $625.60 million during the quarter, compared to analyst estimates of $672.23 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. Winnebago Industries’s revenue was down 18.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.06 earnings per share.

Winnebago Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend is Wednesday, January 15th. Winnebago Industries’s dividend payout ratio (DPR) is -206.06%.

Insider Activity at Winnebago Industries

In other news, SVP Bret A. Woodson sold 12,187 shares of the firm’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $56.64, for a total transaction of $690,271.68. Following the completion of the sale, the senior vice president now directly owns 23,728 shares of the company’s stock, valued at $1,343,953.92. This trade represents a 33.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael J. Happe purchased 2,500 shares of Winnebago Industries stock in a transaction dated Tuesday, October 29th. The shares were purchased at an average price of $55.52 per share, with a total value of $138,800.00. Following the completion of the acquisition, the chief executive officer now owns 285,953 shares in the company, valued at $15,876,110.56. The trade was a 0.88 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.63% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Winnebago Industries

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WGO. Pacer Advisors Inc. grew its position in Winnebago Industries by 47.8% in the second quarter. Pacer Advisors Inc. now owns 1,431,764 shares of the construction company’s stock worth $77,602,000 after acquiring an additional 463,257 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in shares of Winnebago Industries by 13.8% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,142,404 shares of the construction company’s stock valued at $61,918,000 after purchasing an additional 138,327 shares during the last quarter. State Street Corp boosted its holdings in Winnebago Industries by 0.6% in the third quarter. State Street Corp now owns 1,130,796 shares of the construction company’s stock worth $65,711,000 after purchasing an additional 6,979 shares in the last quarter. American Century Companies Inc. increased its position in Winnebago Industries by 8.8% during the second quarter. American Century Companies Inc. now owns 861,575 shares of the construction company’s stock worth $46,697,000 after buying an additional 69,453 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Winnebago Industries by 25.4% during the third quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock valued at $49,714,000 after buying an additional 173,274 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.