Winnebago Industries (NYSE:WGO) Updates FY25 Earnings Guidance

Winnebago Industries (NYSE:WGO) issued an update on its FY25 earnings guidance on Friday morning. The company provided earnings per share guidance of $3.10-$4.40 for the period, compared to the consensus earnings per share estimate of $3.38. The company issued revenue guidance of $2.90-$3.20 billion, compared to the consensus revenue estimate of $2.99 billion.

Winnebago Industries Price Performance

Shares of NYSE WGO opened at $46.92 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.44 and a quick ratio of 1.36. The business has a 50-day moving average of $56.50 and a 200-day moving average of $56.88. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 156.41 and a beta of 1.60. Winnebago Industries has a fifty-two week low of $46.16 and a fifty-two week high of $74.10.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.23). The company had revenue of $625.60 million during the quarter, compared to the consensus estimate of $672.23 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The firm’s revenue for the quarter was down 18.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.06 earnings per share. As a group, sell-side analysts predict that Winnebago Industries will post 3.52 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 15th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date is Wednesday, January 15th. Winnebago Industries’s dividend payout ratio is currently -206.06%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WGO. DA Davidson dropped their target price on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a report on Tuesday. StockNews.com lowered Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th. Truist Financial reduced their target price on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Northcoast Research raised Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a report on Monday, November 11th. Finally, Benchmark reissued a “buy” rating and issued a $70.00 price objective on shares of Winnebago Industries in a research report on Monday, December 23rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $66.63.

Insider Activity

In related news, Director William C. Fisher purchased 2,000 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was acquired at an average cost of $54.81 per share, for a total transaction of $109,620.00. Following the completion of the purchase, the director now owns 32,267 shares in the company, valued at approximately $1,768,554.27. This represents a 6.61 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael J. Happe purchased 2,500 shares of Winnebago Industries stock in a transaction that occurred on Tuesday, October 29th. The shares were bought at an average cost of $55.52 per share, for a total transaction of $138,800.00. Following the transaction, the chief executive officer now directly owns 285,953 shares of the company’s stock, valued at $15,876,110.56. This represents a 0.88 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.63% of the stock is currently owned by company insiders.

Winnebago Industries Company Profile

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.