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

Key Points

• Wall Street Zen upgraded Winnebago Industries from “sell” to “hold,” aligning with the broader analyst consensus of “Hold.” Analysts’ average price target is $36.33.
• Winnebago’s latest quarterly results missed expectations: EPS was $0.66 versus $0.76 expected, while revenue fell 9.9% year over year to $698.7 million, below the $755.67 million consensus.
• Shares opened at $28.31, near the company’s 52-week low of $26.80. Company insiders sold 15,694 shares worth about $511,658 over the past 90 days, including sales by the CEO and a senior vice president under pre-arranged trading plans.

Winnebago Industries (NYSE:WGO - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Saturday, Wall Street Zen reports.

Several other brokerages have also recently issued reports on WGO. Truist Financial dropped their target price on Winnebago Industries from $43.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, July 8th. Zacks Research upgraded shares of Winnebago Industries from a "strong sell" rating to a "hold" rating in a research note on Tuesday, September 1st. Weiss Ratings reiterated a "hold (c-)" rating on shares of Winnebago Industries in a research note on Friday, August 7th. KeyCorp reissued a "sector weight" rating on shares of Winnebago Industries in a report on Friday, June 26th. Finally, BMO Capital Markets cut their target price on shares of Winnebago Industries from $48.00 to $38.00 and set an "outperform" rating for the company in a research report on Friday, June 26th. Three equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $36.33.

Winnebago Industries Price Performance

Shares of WGO opened at $28.31 on Friday. The firm has a fifty day simple moving average of $30.82 and a two-hundred day simple moving average of $31.62. The firm has a market cap of $800.21 million, a PE ratio of 20.81 and a beta of 1.12. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. Winnebago Industries has a 1-year low of $26.80 and a 1-year high of $50.16.

Winnebago Industries (NYSE:WGO - Get Free Report) last released its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share (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%.The business's quarterly revenue was down 9.9% on a year-over-year basis. During the same quarter last year, the business earned $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, equities analysts anticipate that Winnebago Industries will post 1.81 EPS for the current year.

Insider Transactions at Winnebago Industries

In other news, SVP Bret A. Woodson sold 1,235 shares of Winnebago Industries stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $31.73, for a total transaction of $39,186.55. Following the transaction, the senior vice president directly owned 31,373 shares of the company's stock, valued at $995,465.29. The trade was a 3.79% decrease in their position. The transaction was disclosed in a filing 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, CEO Michael J. Happe sold 12,045 shares of the business's stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total value of $393,630.60. Following the transaction, the chief executive officer owned 349,349 shares of the company's stock, valued at approximately $11,416,725.32. This trade represents a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 15,694 shares of company stock valued at $511,658. Company insiders own 4.88% of the company's stock.

Hedge Funds Weigh In On Winnebago Industries

Large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Winnebago Industries by 90.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer's stock worth $26,000 after purchasing an additional 364 shares in the last quarter. Allworth Financial LP purchased a new position in shares of Winnebago Industries during the 2nd quarter valued at $33,000. Clearstead Advisors LLC bought a new position in Winnebago Industries in the 4th quarter worth $35,000. Hantz Financial Services Inc. boosted its holdings in Winnebago Industries by 36.2% in the 4th quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer's stock worth $66,000 after buying an additional 435 shares during the period. Finally, Public Employees Retirement System of Ohio increased its stake in Winnebago Industries by 15.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer's stock worth $75,000 after buying an additional 309 shares in the last quarter.

About Winnebago Industries

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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