Winnebago Industries (NYSE:WGO) Upgraded at ValuEngine

ValuEngine upgraded shares of Winnebago Industries (NYSE:WGO) from a strong sell rating to a sell rating in a report published on Monday morning, ValuEngine reports.

Other research analysts have also issued research reports about the stock. Robert W. Baird boosted their price objective on shares of Winnebago Industries from $40.00 to $48.00 and gave the stock an outperform rating in a research note on Thursday, June 20th. Northcoast Research began coverage on shares of Winnebago Industries in a research note on Friday, June 14th. They set a buy rating and a $47.00 price objective for the company. SunTrust Banks boosted their price objective on shares of Winnebago Industries to $48.00 and gave the stock a buy rating in a research note on Thursday, June 20th. BMO Capital Markets boosted their price objective on shares of Winnebago Industries to $46.00 and gave the stock an outperform rating in a research note on Friday, June 21st. Finally, Sidoti reduced their price objective on shares of Winnebago Industries from $50.00 to $48.00 and set a buy rating for the company in a research note on Friday, September 6th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of $42.86.

NYSE:WGO opened at $39.05 on Monday. Winnebago Industries has a one year low of $19.77 and a one year high of $42.08. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.98 and a current ratio of 1.91. The firm has a market cap of $1.25 billion, a P/E ratio of 12.40, a P/E/G ratio of 0.43 and a beta of 1.66. The firm has a 50-day simple moving average of $34.62 and a 200-day simple moving average of $34.98.



Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Wednesday, June 19th. The construction company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.05 by $0.09. The business had revenue of $528.90 million during the quarter, compared to analyst estimates of $560.77 million. Winnebago Industries had a net margin of 5.51% and a return on equity of 18.94%. The company’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.02 EPS. On average, research analysts predict that Winnebago Industries will post 3.43 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Investors of record on Wednesday, September 11th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $0.44 annualized dividend and a dividend yield of 1.13%. Winnebago Industries’s dividend payout ratio (DPR) is presently 13.97%.

Several hedge funds and other institutional investors have recently bought and sold shares of WGO. NEXT Financial Group Inc bought a new position in shares of Winnebago Industries during the 2nd quarter worth approximately $42,000. Advisory Services Network LLC bought a new position in shares of Winnebago Industries during the 2nd quarter worth approximately $144,000. BNP Paribas Arbitrage SA raised its stake in shares of Winnebago Industries by 8,860.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 6,541 shares of the construction company’s stock worth $204,000 after acquiring an additional 6,468 shares in the last quarter. Bluestein R H & Co. purchased a new stake in Winnebago Industries during the 1st quarter worth approximately $218,000. Finally, GSA Capital Partners LLP purchased a new stake in Winnebago Industries during the 2nd quarter worth approximately $226,000. Hedge funds and other institutional investors own 95.69% 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.

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Analyst Recommendations for Winnebago Industries (NYSE:WGO)

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