Winnebago Industries (NYSE:WGO) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Winnebago Industries to “sell” from “hold,” while the broader analyst consensus remains “hold,” with three buys, eight holds and one sell and an average price target of $36.33.
• Winnebago’s latest quarterly results missed expectations: EPS was $0.66 versus $0.76 expected, revenue was $698.7 million versus $755.7 million projected, and revenue declined 9.9% year over year.
• WGO shares opened at $30.66, near the lower end of their 12-month range, while company insiders sold a combined 15,694 shares worth about $511,658 over the past three months under pre-arranged trading plans.

Winnebago Industries (NYSE:WGO - Get Free Report) was downgraded by Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Sunday.

A number of other analysts also recently weighed in on WGO. Northcoast Research downgraded shares of Winnebago Industries from a "buy" rating to a "neutral" rating in a report on Monday, June 1st. Citigroup increased their price target on shares of Winnebago Industries from $29.00 to $30.00 and gave the company a "neutral" rating in a report on Monday, June 29th. KeyCorp reiterated a "sector weight" rating on shares of Winnebago Industries in a research report on Friday, June 26th. BMO Capital Markets reduced their price objective on Winnebago Industries from $48.00 to $38.00 and set an "outperform" rating on the stock in a research note on Friday, June 26th. Finally, DA Davidson restated a "neutral" rating and set a $35.00 price objective on shares of Winnebago Industries in a research report on Monday, June 15th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $36.33.

Winnebago Industries Trading Up 1.0%

Shares of WGO stock opened at $30.66 on Friday. Winnebago Industries has a 12-month low of $26.80 and a 12-month high of $50.16. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. The stock's 50-day moving average price is $30.94 and its 200-day moving average price is $32.82. The stock has a market capitalization of $866.76 million, a price-to-earnings ratio of 22.54 and a beta of 1.11.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.76 by ($0.10). The firm had revenue of $698.70 million during the quarter, compared to analysts' expectations of $755.67 million. Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.Winnebago Industries's quarterly revenue was down 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. Equities research analysts predict that Winnebago Industries will post 1.81 EPS for the current fiscal year.

Insider Transactions at Winnebago Industries

In other Winnebago Industries news, CEO Michael J. Happe sold 12,045 shares of the firm's stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $32.68, for a total value of $393,630.60. Following the completion of the sale, the chief executive officer owned 349,349 shares of the company's stock, valued at $11,416,725.32. This trade represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret A. Woodson sold 1,235 shares of the business's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $31.73, for a total value of $39,186.55. Following the transaction, the senior vice president owned 31,373 shares of the company's stock, valued at $995,465.29. This trade represents a 3.79% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 15,694 shares of company stock worth $511,658 over the last three months. 4.88% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Winnebago Industries

A number of large investors have recently bought and sold shares of the business. UBS Group AG grew its position in shares of Winnebago Industries by 224.7% during the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer's stock worth $54,870,000 after buying an additional 937,140 shares in the last quarter. Legato Capital Management LLC increased its stake in shares of Winnebago Industries by 162.3% during the fourth quarter. Legato Capital Management LLC now owns 56,108 shares of the RV manufacturer's stock valued at $2,273,000 after buying an additional 34,719 shares during the period. De Lisle Partners LLP raised its holdings in shares of Winnebago Industries by 938.3% in the fourth quarter. De Lisle Partners LLP now owns 152,411 shares of the RV manufacturer's stock valued at $6,183,000 after acquiring an additional 137,732 shares in the last quarter. Hillsdale Investment Management Inc. bought a new stake in shares of Winnebago Industries in the fourth quarter valued at about $5,255,000. Finally, Prescott Group Capital Management L.L.C. purchased a new stake in Winnebago Industries in the fourth quarter worth about $810,000.

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.

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