Winnebago Industries (NYSE:WGO) Rating Lowered to Sell at Wall Street Zen

Winnebago Industries (NYSE:WGO) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Sunday, Wall Street Zen reports.

Several other analysts have also recently commented on the stock. BMO Capital Markets reduced their price objective on shares of Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating for the company in a research note on Friday, June 26th. DA Davidson restated a “neutral” rating and issued a $35.00 price target on shares of Winnebago Industries in a report on Monday, June 15th. Seaport Research Partners started coverage on Winnebago Industries in a research report on Monday, July 27th. They set a “neutral” rating on the stock. Northcoast Research downgraded Winnebago Industries from a “buy” rating to a “neutral” rating in a research note on Monday, June 1st. Finally, Truist Financial decreased their price objective on shares of Winnebago Industries from $43.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, July 8th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $36.33.

Winnebago Industries Stock Down 1.7%

WGO opened at $30.07 on Friday. The stock has a market capitalization of $850.08 million, a P/E ratio of 22.11 and a beta of 1.11. Winnebago Industries has a one year low of $26.80 and a one year high of $50.16. The business’s 50-day simple moving average is $30.97 and its 200-day simple moving average is $32.59. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.92 and a current ratio of 2.37.

Winnebago Industries (NYSE:WGO) last announced its earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share 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 company had revenue of $698.70 million during the quarter, compared to analysts’ expectations of $755.67 million. During the same quarter last year, the business posted $0.81 earnings per share. The company’s revenue for the quarter was down 9.9% compared to the same quarter last year. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. Analysts anticipate that Winnebago Industries will post 1.81 EPS for the current year.

Insider Transactions at Winnebago Industries

In related news, CEO Michael J. Happe sold 12,045 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total transaction of $393,630.60. Following the transaction, the chief executive officer owned 349,349 shares of the company’s stock, valued at approximately $11,416,725.32. This represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret A. Woodson sold 2,414 shares of Winnebago Industries stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $32.66, for a total transaction of $78,841.24. Following the completion of the sale, the senior vice president directly owned 31,274 shares of the company’s stock, valued at $1,021,408.84. The trade was a 7.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 15,694 shares of company stock worth $511,658. 4.88% of the stock is owned by insiders.

Hedge Funds Weigh In On Winnebago Industries

Several large investors have recently added to or reduced their stakes in WGO. Public Employees Retirement System of Ohio boosted its position in Winnebago Industries by 10.3% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the RV manufacturer’s stock worth $101,000 after acquiring an additional 233 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Winnebago Industries by 90.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock valued at $26,000 after purchasing an additional 364 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Winnebago Industries by 2.5% during 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 purchasing an additional 401 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in Winnebago Industries by 36.2% in the fourth quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock worth $66,000 after purchasing an additional 435 shares during the period. Finally, Royal Bank of Canada lifted its holdings in Winnebago Industries by 5.5% in the first quarter. Royal Bank of Canada now owns 9,568 shares of the RV manufacturer’s stock worth $329,000 after purchasing an additional 498 shares during the period.

About Winnebago Industries

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.