Zacks Research Has Pessimistic Opinion of WGO Q3 Earnings

Key Points

• Zacks Research cut its Q3 2027 EPS forecast for Winnebago to $0.75 from $0.87 and maintains a “Strong Sell” rating; the consensus full-year EPS estimate is $1.94.
• Analyst views are mixed: three rate the stock Buy, seven Hold, and two Sell, with an average price target of $35. BMO lowered its target to $33 while retaining an Outperform rating.
• Winnebago raised its quarterly dividend to $0.36, equivalent to a 4.3% yield, but its reported payout ratio is 119.01%.

Winnebago Industries, Inc. (NYSE:WGO - Free Report) - Analysts at Zacks Research cut their Q3 2027 earnings estimates for Winnebago Industries in a note issued to investors on Wednesday, November 4th. Zacks Research analyst Team now expects that the RV manufacturer will post earnings of $0.75 per share for the quarter, down from their previous forecast of $0.87. Zacks Research currently has a "Strong Sell" rating on the stock. The consensus estimate for Winnebago Industries' current full-year earnings is $1.94 per share.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its quarterly earnings data on Tuesday, September 29th. The RV manufacturer reported $0.49 earnings per share (EPS) for the quarter. Winnebago Industries had a return on equity of 4.16% and a net margin of 1.28%.

A number of other equities research analysts have also issued reports on the company. BMO Capital Markets reduced their price target on Winnebago Industries from $38.00 to $33.00 and set an "outperform" rating on the stock in a research report on Thursday, October 22nd. Citigroup boosted their price objective on Winnebago Industries from $24.00 to $28.00 and gave the stock a "neutral" rating in a research report on Thursday, October 22nd. Wall Street Zen upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research note on Saturday, September 12th. Seaport Research Partners started coverage on shares of Winnebago Industries in a report on Monday, July 27th. They issued a "neutral" rating on the stock. Finally, Weiss Ratings cut shares of Winnebago Industries from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, October 14th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $35.00.

Winnebago Industries Trading Down 2.8%

WGO opened at $33.13 on Friday. The business has a fifty day moving average price of $27.58 and a 200 day moving average price of $32.54. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.17 and a quick ratio of 1.04. Winnebago Industries has a 12 month low of $21.95 and a 12 month high of $50.16. The stock has a market capitalization of $943.68 million, a price-to-earnings ratio of 27.38 and a beta of 1.21.

Winnebago Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 4.3%. This is a boost from Winnebago Industries's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Wednesday, September 9th. Winnebago Industries's dividend payout ratio is currently 119.01%.

Insider Buying and Selling at Winnebago Industries

In other Winnebago Industries news, SVP Bret Woodson sold 2,414 shares of Winnebago Industries stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $32.66, for a total transaction of $78,841.24. Following the completion of the sale, the senior vice president directly owned 31,274 shares of the company's stock, valued at $1,021,408.84. The trade was a 7.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Happe sold 12,045 shares of the company's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $32.68, for a total value of $393,630.60. Following the transaction, the chief executive officer directly owned 349,349 shares of the company's stock, valued at approximately $11,416,725.32. This 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. Insiders sold 15,694 shares of company stock worth $511,658 in 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 institutional investors and hedge funds have recently added to or reduced their stakes in WGO. Unison Advisors LLC boosted its position in shares of Winnebago Industries by 2.4% in the 3rd quarter. Unison Advisors LLC now owns 19,877 shares of the RV manufacturer's stock valued at $524,000 after purchasing an additional 459 shares during the period. Aviance Capital Partners LLC grew its stake in Winnebago Industries by 1.8% during the 3rd quarter. Aviance Capital Partners LLC now owns 28,671 shares of the RV manufacturer's stock worth $756,000 after buying an additional 520 shares during the last quarter. GAMMA Investing LLC grew its stake in Winnebago Industries by 145.2% during the 3rd quarter. GAMMA Investing LLC now owns 954 shares of the RV manufacturer's stock worth $25,000 after buying an additional 565 shares during the last quarter. Versant Capital Management Inc increased its position in Winnebago Industries by 365.6% during the third quarter. Versant Capital Management Inc now owns 1,313 shares of the RV manufacturer's stock worth $35,000 after buying an additional 1,031 shares during the period. Finally, Allworth Financial LP acquired a new position in Winnebago Industries during the second quarter worth approximately $33,000.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a manufacturer of recreational vehicles and marine products. The company designs and produces motorhomes, travel trailers, fifth-wheel trailers and other outdoor recreation vehicles under brands including Winnebago, Grand Design, Newmar and Barletta.

Its marine operations produce boats and related products through brands such as Chris-Craft and Barletta. Winnebago's portfolio serves consumers seeking products for travel, camping, boating and other outdoor recreational activities.

Founded in 1958, the company is headquartered in Forest City, Iowa.

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