Winnebago Industries (WGO) Given News Sentiment Rating of 0.21
Media coverage about Winnebago Industries (NYSE:WGO) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Winnebago Industries earned a news impact score of 0.21 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 46.9252959795696 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Winnebago Industries (WGO) opened at $48.65 on Friday. Winnebago Industries has a 52-week low of $24.15 and a 52-week high of $49.90. The company has a market capitalization of $1,550.00, a price-to-earnings ratio of 16.38 and a beta of 2.02. 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 (NYSE:WGO) last released its quarterly earnings results on Thursday, October 19th. The construction company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.70 by $0.09. Winnebago Industries had a return on equity of 21.92% and a net margin of 4.61%. The business had revenue of $454.90 million during the quarter, compared to analyst estimates of $444.50 million. During the same period last year, the business posted $0.49 earnings per share. The company’s quarterly revenue was up 72.8% on a year-over-year basis. equities research analysts predict that Winnebago Industries will post 2.88 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 29th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.10 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.40 annualized dividend and a dividend yield of 0.82%. Winnebago Industries’s dividend payout ratio is currently 17.39%.
Winnebago Industries declared that its board has initiated a share buyback plan on Thursday, October 19th that authorizes the company to repurchase $70.00 million in shares. This repurchase authorization authorizes the construction company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its stock is undervalued.
WGO has been the subject of several recent analyst reports. Zacks Investment Research cut Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, August 30th. Robert W. Baird raised their target price on Winnebago Industries from $48.00 to $52.00 and gave the stock an “outperform” rating in a research note on Friday, November 3rd. Stifel Nicolaus lowered Winnebago Industries from a “buy” rating to a “hold” rating and raised their price target for the stock from $40.00 to $44.00 in a research report on Tuesday, October 3rd. They noted that the move was a valuation call. BMO Capital Markets restated a “hold” rating and set a $34.00 price target on shares of Winnebago Industries in a research report on Friday, October 13th. Finally, SunTrust Banks, Inc. restated a “hold” rating and set a $45.00 price target on shares of Winnebago Industries in a research report on Friday, October 20th. They noted that the move was a valuation call. Three research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $46.17.
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About Winnebago Industries
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.
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