Winnebago Industries, Inc. (NYSE:WGO) – Investment analysts at SunTrust Banks dropped their Q4 2020 earnings per share estimates for shares of Winnebago Industries in a report issued on Wednesday, June 24th. SunTrust Banks analyst M. Swartz now forecasts that the construction company will post earnings per share of $1.05 for the quarter, down from their previous estimate of $1.24. SunTrust Banks has a “Buy” rating and a $72.00 price objective on the stock.

Several other brokerages have also issued reports on WGO. Zacks Investment Research raised shares of Winnebago Industries from a “sell” rating to a “hold” rating and set a $62.00 target price on the stock in a research note on Saturday, May 30th. KeyCorp raised their target price on shares of Winnebago Industries from $45.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. TheStreet lowered shares of Winnebago Industries from a “b” rating to a “c+” rating in a research note on Wednesday, June 24th. Wolfe Research began coverage on shares of Winnebago Industries in a research note on Friday, April 17th. They set a “market perform” rating on the stock. Finally, Sidoti lifted their price objective on shares of Winnebago Industries from $57.00 to $63.00 and gave the stock a “neutral” rating in a research note on Friday, June 19th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $65.67.

Shares of NYSE WGO opened at $66.68 on Monday. The firm has a market capitalization of $2.20 billion, a PE ratio of 41.94 and a beta of 2.31. The company has a current ratio of 2.25, a quick ratio of 1.30 and a debt-to-equity ratio of 0.60. Winnebago Industries has a 1 year low of $16.94 and a 1 year high of $72.65. The firm’s 50-day moving average is $60.43 and its 200-day moving average is $49.75.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Wednesday, June 24th. The construction company reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.15. Winnebago Industries had a net margin of 2.37% and a return on equity of 9.35%. The firm had revenue of $402.50 million for the quarter, compared to analyst estimates of $335.93 million. During the same quarter in the prior year, the firm earned $1.04 EPS. The company’s revenue was down 23.9% on a year-over-year basis.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Wednesday, June 17th will be issued a $0.11 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.66%. Winnebago Industries’s dividend payout ratio (DPR) is presently 12.79%.

In other Winnebago Industries news, VP Christopher David West sold 1,614 shares of Winnebago Industries stock in a transaction on Monday, April 20th. The shares were sold at an average price of $35.42, for a total transaction of $57,167.88. Following the completion of the transaction, the vice president now directly owns 13,921 shares of the company’s stock, valued at $493,081.82. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Christopher J. Braun acquired 2,000 shares of Winnebago Industries stock in a transaction on Thursday, April 2nd. The shares were bought at an average cost of $27.98 per share, with a total value of $55,960.00. Following the completion of the transaction, the director now owns 17,684 shares of the company’s stock, valued at $494,798.32. The disclosure for this purchase can be found here. 3.80% of the stock is currently owned by insiders.

Several institutional investors have recently made changes to their positions in WGO. First Trust Advisors LP boosted its position in shares of Winnebago Industries by 35.5% in the first quarter. First Trust Advisors LP now owns 88,382 shares of the construction company’s stock valued at $2,753,000 after acquiring an additional 23,157 shares during the period. Victory Capital Management Inc. lifted its position in Winnebago Industries by 102.0% during the fourth quarter. Victory Capital Management Inc. now owns 13,668 shares of the construction company’s stock worth $748,000 after purchasing an additional 6,902 shares during the period. Swiss National Bank raised its stake in Winnebago Industries by 1.6% during the fourth quarter. Swiss National Bank now owns 57,500 shares of the construction company’s stock worth $3,046,000 after acquiring an additional 900 shares in the last quarter. State Street Corp raised its stake in Winnebago Industries by 1.6% during the fourth quarter. State Street Corp now owns 926,295 shares of the construction company’s stock worth $49,075,000 after acquiring an additional 14,997 shares in the last quarter. Finally, Sei Investments Co. raised its stake in Winnebago Industries by 37.3% during the fourth quarter. Sei Investments Co. now owns 12,409 shares of the construction company’s stock worth $657,000 after acquiring an additional 3,369 shares in the last quarter. 87.70% of the stock is owned by institutional investors.

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

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

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