Zacks: Analysts Anticipate Winnebago Industries, Inc. (WGO) to Announce $0.61 EPS

Brokerages expect Winnebago Industries, Inc. (NYSE:WGO) to announce $0.61 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Winnebago Industries’ earnings, with the highest EPS estimate coming in at $0.73 and the lowest estimate coming in at $0.44. Winnebago Industries posted earnings of $0.62 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 1.6%. The business is scheduled to issue its next earnings results on Wednesday, March 20th.

According to Zacks, analysts expect that Winnebago Industries will report full-year earnings of $3.62 per share for the current fiscal year, with EPS estimates ranging from $3.45 to $3.75. For the next fiscal year, analysts forecast that the company will report earnings of $4.03 per share, with EPS estimates ranging from $3.80 to $4.20. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that follow Winnebago Industries.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Wednesday, December 19th. The construction company reported $0.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.13. The firm had revenue of $493.65 million during the quarter, compared to analysts’ expectations of $482.96 million. Winnebago Industries had a return on equity of 20.10% and a net margin of 5.17%. Winnebago Industries’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.57 EPS.



Several research firms have recently commented on WGO. ValuEngine cut Winnebago Industries from a “sell” rating to a “strong sell” rating in a research note on Friday, September 21st. SunTrust Banks reduced their target price on Winnebago Industries to $34.00 and set a “positive” rating for the company in a research note on Thursday, December 20th. Zacks Investment Research upgraded Winnebago Industries from a “sell” rating to a “hold” rating in a research note on Wednesday, October 3rd. Robert W. Baird reduced their target price on Winnebago Industries from $60.00 to $50.00 and set an “outperform” rating for the company in a research note on Thursday, October 18th. Finally, TheStreet cut Winnebago Industries from a “b-” rating to a “c+” rating in a research note on Monday, December 10th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $48.00.

NYSE WGO opened at $27.87 on Friday. The company has a market capitalization of $891.91 million, a price-to-earnings ratio of 8.85 and a beta of 1.45. Winnebago Industries has a fifty-two week low of $19.77 and a fifty-two week high of $57.94. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.72 and a quick ratio of 0.76.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 23rd. Stockholders of record on Wednesday, January 9th will be paid a dividend of $0.11 per share. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.10. This represents a $0.44 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Tuesday, January 8th. Winnebago Industries’s dividend payout ratio is 13.97%.

Several institutional investors have recently added to or reduced their stakes in the company. BlueMountain Capital Management LLC raised its position in shares of Winnebago Industries by 174.8% during the 2nd quarter. BlueMountain Capital Management LLC now owns 3,886 shares of the construction company’s stock valued at $158,000 after acquiring an additional 2,472 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Winnebago Industries during the 2nd quarter valued at approximately $238,000. PEAK6 Investments L.P. raised its position in shares of Winnebago Industries by 164.5% during the 2nd quarter. PEAK6 Investments L.P. now owns 6,446 shares of the construction company’s stock valued at $262,000 after acquiring an additional 16,446 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Winnebago Industries by 38.0% during the 3rd quarter. Victory Capital Management Inc. now owns 7,506 shares of the construction company’s stock valued at $249,000 after acquiring an additional 2,067 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its position in shares of Winnebago Industries by 68.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 9,960 shares of the construction company’s stock valued at $330,000 after acquiring an additional 4,062 shares in the last quarter. Institutional investors own 84.80% of the company’s stock.

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 in five segments: Winnebago Motorhomes, Winnebago Towables, Grand Design Towables, Winnebago Specialty Vehicles, and Chris-Craft Marine.

Further Reading: Debt-To-Equity Ratio

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Earnings History and Estimates for Winnebago Industries (NYSE:WGO)

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