Citigroup Issues Positive Forecast for Winnebago Industries (NYSE:WGO) Stock Price

Winnebago Industries (NYSE:WGO) had its price target hoisted by Citigroup from $51.00 to $54.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the RV manufacturer’s stock. Citigroup’s price target indicates a potential upside of 13.92% from the company’s previous close.

A number of other equities research analysts also recently commented on the company. Wall Street Zen raised Winnebago Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Zacks Research raised shares of Winnebago Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, October 24th. BMO Capital Markets raised their target price on shares of Winnebago Industries from $45.00 to $48.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Truist Financial upped their price target on shares of Winnebago Industries from $46.00 to $47.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Finally, Benchmark lifted their price target on shares of Winnebago Industries from $42.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday, December 23rd. Four investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Winnebago Industries currently has an average rating of “Hold” and an average price target of $42.80.

Winnebago Industries Price Performance

Winnebago Industries stock traded up $0.13 during midday trading on Friday, reaching $47.40. 309,936 shares of the company were exchanged, compared to its average volume of 747,519. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 37.04 and a beta of 1.08. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.25 and a current ratio of 2.69. The firm’s 50-day simple moving average is $39.15 and its 200-day simple moving average is $35.42. Winnebago Industries has a 1 year low of $28.00 and a 1 year high of $50.31.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Friday, December 19th. The RV manufacturer reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.26. The business had revenue of $702.70 million during the quarter, compared to the consensus estimate of $628.51 million. Winnebago Industries had a net margin of 1.27% and a return on equity of 4.83%. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.03) earnings per share. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. On average, analysts anticipate that Winnebago Industries will post 3.41 EPS for the current year.

Insider Transactions at Winnebago Industries

In other Winnebago Industries news, CEO Michael J. Happe sold 7,105 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $41.38, for a total transaction of $294,004.90. Following the transaction, the chief executive officer owned 347,501 shares in the company, valued at $14,379,591.38. The trade was a 2.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sara E. Armbruster bought 2,700 shares of the stock in a transaction dated Friday, October 24th. The stock was bought at an average price of $40.27 per share, with a total value of $108,729.00. Following the purchase, the director owned 14,426 shares of the company’s stock, valued at approximately $580,935.02. This represents a 23.03% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 4.88% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WGO. Amalgamated Bank grew its stake in Winnebago Industries by 3.4% during the 3rd quarter. Amalgamated Bank now owns 8,299 shares of the RV manufacturer’s stock worth $278,000 after buying an additional 276 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Winnebago Industries by 15.9% in the third quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock worth $75,000 after purchasing an additional 309 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Winnebago Industries by 90.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock worth $26,000 after acquiring an additional 364 shares during the period. Farther Finance Advisors LLC lifted its position in Winnebago Industries by 53.3% in the second quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock worth $32,000 after purchasing an additional 385 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Winnebago Industries by 5.9% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,195 shares of the RV manufacturer’s stock valued at $209,000 after buying an additional 399 shares in the last quarter.

Winnebago Industries Company Profile

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.