Winnebago Industries (NYSE:WGO) was upgraded by equities researchers at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued on Tuesday.

A number of other brokerages also recently weighed in on WGO. Zacks Investment Research upgraded Winnebago Industries from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research note on Tuesday, December 19th. SunTrust Banks restated a “hold” rating and issued a $52.00 target price on shares of Winnebago Industries in a research note on Thursday, December 21st. Robert W. Baird restated an “outperform” rating and issued a $60.00 target price (up previously from $52.00) on shares of Winnebago Industries in a research note on Thursday, December 21st. Stifel Nicolaus restated a “hold” rating and issued a $53.00 target price (up previously from $45.00) on shares of Winnebago Industries in a research note on Thursday, December 21st. Finally, Northcoast Research downgraded Winnebago Industries from a “buy” rating to a “neutral” rating in a research note on Friday, January 26th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $50.83.

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Winnebago Industries (NYSE WGO) opened at $41.80 on Tuesday. Winnebago Industries has a 12 month low of $24.15 and a 12 month high of $58.65. The firm has a market capitalization of $1,408.70, a P/E ratio of 17.06 and a beta of 1.77. The company has a quick ratio of 1.03, a current ratio of 1.88 and a debt-to-equity ratio of 0.59.

Winnebago Industries (NYSE:WGO) last announced its earnings results on Wednesday, March 21st. The construction company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Winnebago Industries had a return on equity of 21.47% and a net margin of 4.43%. The firm had revenue of $468.40 million for the quarter, compared to the consensus estimate of $445.88 million. During the same quarter in the previous year, the business earned $0.48 EPS. The company’s revenue was up 26.4% compared to the same quarter last year. research analysts forecast that Winnebago Industries will post 3.25 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of the stock. MetLife Investment Advisors LLC bought a new stake in shares of Winnebago Industries in the 4th quarter worth approximately $832,000. Gotham Asset Management LLC raised its holdings in shares of Winnebago Industries by 16.5% in the 4th quarter. Gotham Asset Management LLC now owns 178,039 shares of the construction company’s stock worth $9,899,000 after purchasing an additional 25,218 shares during the period. Jump Trading LLC bought a new stake in shares of Winnebago Industries in the 4th quarter worth approximately $490,000. Glenmede Trust Co. NA raised its holdings in shares of Winnebago Industries by 57.6% in the 4th quarter. Glenmede Trust Co. NA now owns 3,941 shares of the construction company’s stock worth $218,000 after purchasing an additional 1,440 shares during the period. Finally, Verition Fund Management LLC raised its holdings in shares of Winnebago Industries by 197.1% in the 4th quarter. Verition Fund Management LLC now owns 13,629 shares of the construction company’s stock worth $758,000 after purchasing an additional 9,041 shares during the period. 84.22% of the stock is currently owned by 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.

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Analyst Recommendations for Winnebago Industries (NYSE:WGO)

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