Brokerages Set Winnebago Industries, Inc. (NYSE:WGO) Price Target at $41.60

Winnebago Industries, Inc. (NYSE:WGO) has earned a consensus rating of “Hold” from the twelve ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $39.00.

WGO has been the subject of a number of research analyst reports. BMO Capital Markets increased their target price on shares of Winnebago Industries from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. KeyCorp reissued a “sector weight” rating on shares of Winnebago Industries in a research report on Thursday, October 23rd. DA Davidson raised their target price on shares of Winnebago Industries from $32.00 to $38.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Citigroup upped their price target on shares of Winnebago Industries from $36.00 to $41.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Finally, 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 on the stock.

Insider Transactions at Winnebago Industries

In other Winnebago Industries news, CEO Michael J. Happe sold 7,105 shares of the stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $41.38, for a total value of $294,004.90. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sara E. Armbruster acquired 2,700 shares of the company’s stock in a transaction dated 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 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 4.88% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Winnebago Industries

A number of large investors have recently added to or reduced their stakes in WGO. Charles Schwab Investment Management Inc. increased its stake in Winnebago Industries by 11.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 698,647 shares of the RV manufacturer’s stock worth $24,075,000 after buying an additional 73,099 shares during the period. Millennium Management LLC increased its position in shares of Winnebago Industries by 1.6% during the first quarter. Millennium Management LLC now owns 580,256 shares of the RV manufacturer’s stock worth $19,996,000 after acquiring an additional 8,922 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Winnebago Industries by 9.1% during the second quarter. Alliancebernstein L.P. now owns 564,941 shares of the RV manufacturer’s stock worth $16,383,000 after acquiring an additional 47,137 shares during the last quarter. Maple Rock Capital Partners Inc. lifted its stake in shares of Winnebago Industries by 83.7% in the second quarter. Maple Rock Capital Partners Inc. now owns 322,099 shares of the RV manufacturer’s stock worth $9,341,000 after acquiring an additional 146,789 shares in the last quarter. Finally, RWWM Inc. purchased a new position in Winnebago Industries in the second quarter valued at about $8,400,000.

Winnebago Industries Trading Down 2.7%

Shares of WGO opened at $34.05 on Monday. Winnebago Industries has a twelve month low of $28.00 and a twelve month high of $63.53. The firm has a market capitalization of $960.42 million, a P/E ratio of 37.42 and a beta of 1.13. The company has a current ratio of 2.42, a quick ratio of 1.21 and a debt-to-equity ratio of 0.44. The stock’s fifty day simple moving average is $34.55 and its 200 day simple moving average is $33.41.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results on Wednesday, October 22nd. The RV manufacturer reported $0.71 EPS for the quarter, topping the consensus estimate of $0.58 by $0.13. The company had revenue of $777.30 million during the quarter, compared to analyst estimates of $724.89 million. Winnebago Industries had a return on equity of 3.86% and a net margin of 0.92%.The firm’s revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.28 earnings per share. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. On average, equities research analysts forecast that Winnebago Industries will post 3.41 earnings per share for the current year.

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 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.