Winnebago Industries (NYSE:WGO)‘s stock had its “hold” rating reiterated by stock analysts at Stifel Nicolaus in a note issued to investors on Thursday. They presently have a $53.00 price target on the construction company’s stock. Stifel Nicolaus’ target price suggests a potential downside of 3.20% from the company’s current price.

A number of other research analysts have also recently weighed in on WGO. Robert W. Baird reissued a “buy” rating on shares of Winnebago Industries in a research note on Thursday, September 28th. Zacks Investment Research cut shares of Winnebago Industries from a “buy” rating to a “hold” rating in a research note on Wednesday. ValuEngine raised shares of Winnebago Industries from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. BMO Capital Markets lifted their target price on shares of Winnebago Industries to $51.00 and gave the stock a “market perform” rating in a research note on Monday, October 23rd. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $45.00 target price on shares of Winnebago Industries in a research note on Friday, October 20th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $49.67.

Winnebago Industries (NYSE WGO) opened at $54.75 on Thursday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.88. Winnebago Industries has a 12 month low of $24.15 and a 12 month high of $58.65. The firm has a market cap of $1,843.21, a P/E ratio of 19.71 and a beta of 2.06.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Wednesday, December 20th. The construction company reported $0.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.05. Winnebago Industries had a net margin of 4.61% and a return on equity of 21.92%. The business had revenue of $450.00 million during the quarter, compared to analysts’ expectations of $387.12 million. During the same period last year, the company posted $0.42 EPS. The company’s revenue was up 83.4% on a year-over-year basis. research analysts predict that Winnebago Industries will post 2.88 earnings per share for the current year.

Winnebago Industries announced that its board has approved a stock buyback program on Thursday, October 19th that permits the company to repurchase $70.00 million in shares. This repurchase authorization permits the construction company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

A number of hedge funds have recently added to or reduced their stakes in WGO. JPMorgan Chase & Co. grew its stake in Winnebago Industries by 794.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 525,726 shares of the construction company’s stock worth $23,395,000 after acquiring an additional 466,975 shares during the period. Walthausen & Co. LLC grew its stake in Winnebago Industries by 62.3% in the 2nd quarter. Walthausen & Co. LLC now owns 597,839 shares of the construction company’s stock worth $20,924,000 after acquiring an additional 229,451 shares during the period. BlackRock Inc. grew its stake in Winnebago Industries by 6.5% in the 2nd quarter. BlackRock Inc. now owns 3,426,574 shares of the construction company’s stock worth $119,930,000 after acquiring an additional 210,269 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Winnebago Industries by 42.2% during the 2nd quarter. Goldman Sachs Group Inc. now owns 678,538 shares of the construction company’s stock valued at $23,749,000 after buying an additional 201,355 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of Winnebago Industries by 9.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,846,289 shares of the construction company’s stock valued at $64,620,000 after buying an additional 157,772 shares during the period. 82.85% of the stock is owned by hedge funds and other institutional investors.

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Winnebago Industries Company Profile

Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.

Analyst Recommendations for Winnebago Industries (NYSE:WGO)

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