Winnebago Industries (NYSE:WGO) Stock Price Expected to Rise, Truist Financial Analyst Says

Winnebago Industries (NYSE:WGOGet Free Report) had its price target increased by Truist Financial from $46.00 to $47.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the RV manufacturer’s stock. Truist Financial’s target price would indicate a potential upside of 8.62% from the stock’s previous close.

WGO has been the subject of several other reports. Zacks Research upgraded Winnebago Industries from a “strong sell” rating to a “hold” rating in a research report on Friday, October 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Winnebago Industries in a research report on Monday, December 29th. Loop Capital initiated coverage on Winnebago Industries in a research report on Friday, October 31st. They issued a “hold” rating and a $40.00 price objective for the company. Wall Street Zen raised shares of Winnebago Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Finally, Griffin Securities set a $40.00 price target on shares of Winnebago Industries in a research report on Tuesday, December 23rd. Four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $42.50.

Check Out Our Latest Research Report on Winnebago Industries

Winnebago Industries Stock Up 1.5%

Shares of WGO traded up $0.64 during mid-day trading on Thursday, hitting $43.27. 305,556 shares of the company traded hands, compared to its average volume of 602,895. The company has a market capitalization of $1.22 billion, a PE ratio of 33.81 and a beta of 1.08. The company has a quick ratio of 1.25, a current ratio of 2.69 and a debt-to-equity ratio of 0.44. The business has a 50 day moving average of $38.13 and a 200 day moving average of $34.80. Winnebago Industries has a 1-year low of $28.00 and a 1-year high of $50.31.

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

Insider Buying and Selling

In other Winnebago Industries news, CEO Michael J. Happe sold 7,105 shares of the stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $41.38, for a total value of $294,004.90. Following the sale, the chief executive officer owned 347,501 shares of the company’s stock, valued at $14,379,591.38. This trade represents a 2.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sara E. Armbruster bought 2,700 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The shares were purchased at an average price of $40.27 per share, for a total transaction of $108,729.00. Following the completion of the purchase, the director directly owned 14,426 shares of the company’s stock, valued at approximately $580,935.02. This trade represents a 23.03% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 4.88% of the company’s stock.

Institutional Trading of Winnebago Industries

Institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its position in shares of Winnebago Industries by 90.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock worth $26,000 after acquiring an additional 364 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Winnebago Industries by 53.3% during the second quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock worth $32,000 after purchasing an additional 385 shares in the last quarter. GAMMA Investing LLC raised its holdings in Winnebago Industries by 62.8% during the second quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock worth $33,000 after purchasing an additional 433 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Winnebago Industries by 825.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,203 shares of the RV manufacturer’s stock worth $40,000 after buying an additional 1,073 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of Winnebago Industries by 15.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock valued at $75,000 after buying an additional 309 shares in 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.

Further Reading

Analyst Recommendations for Winnebago Industries (NYSE:WGO)

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