Winnebago Industries (NYSE:WGO) Reaches New 12-Month High – Time to Buy?

Winnebago Industries, Inc. (NYSE:WGOGet Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as $49.57 and last traded at $49.3860, with a volume of 22453 shares traded. The stock had previously closed at $48.02.

Analyst Upgrades and Downgrades

WGO has been the subject of a number of recent research reports. Loop Capital initiated coverage on shares of Winnebago Industries in a research note on Friday, October 31st. They issued a “hold” rating and a $40.00 price target for the company. Citigroup boosted their target price on shares of Winnebago Industries from $51.00 to $54.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a report on Monday, December 22nd. DA Davidson increased their price objective on Winnebago Industries from $38.00 to $40.00 and gave the company a “neutral” rating in a report on Tuesday, December 23rd. Finally, Zacks Research upgraded Winnebago Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, October 24th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Winnebago Industries currently has a consensus rating of “Hold” and an average price target of $42.80.

Check Out Our Latest Stock Report on Winnebago Industries

Winnebago Industries Price Performance

The company has a 50-day moving average of $42.50 and a 200-day moving average of $36.92. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 38.95 and a beta of 1.12. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.25 and a current ratio of 2.69.

Winnebago Industries (NYSE:WGOGet Free Report) last released its quarterly earnings results on Friday, December 19th. The RV manufacturer reported $0.38 EPS for the quarter, topping the consensus estimate of $0.12 by $0.26. The business had revenue of $702.70 million during the quarter, compared to analysts’ expectations of $628.51 million. Winnebago Industries had a return on equity of 4.83% and a net margin of 1.27%.The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.03) earnings per share. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. As a group, equities research analysts predict that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Wednesday, January 14th. Winnebago Industries’s payout ratio is currently 109.38%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in shares of Winnebago Industries by 5.5% during the 1st quarter. Royal Bank of Canada now owns 9,568 shares of the RV manufacturer’s stock worth $329,000 after acquiring an additional 498 shares in the last quarter. AQR Capital Management LLC grew its holdings in Winnebago Industries by 283.0% in the first quarter. AQR Capital Management LLC now owns 65,104 shares of the RV manufacturer’s stock valued at $2,243,000 after purchasing an additional 48,105 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Winnebago Industries by 2.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock valued at $568,000 after buying an additional 401 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Winnebago Industries by 53.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock worth $32,000 after buying an additional 385 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its position in Winnebago Industries by 6.0% during the second quarter. State of Alaska Department of Revenue now owns 16,682 shares of the RV manufacturer’s stock worth $483,000 after acquiring an additional 947 shares during the last quarter.

About Winnebago Industries

(Get Free Report)

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.

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