Winnebago Industries, Inc. (NYSE:WGO) Receives $71.80 Consensus Target Price from Analysts

Winnebago Industries, Inc. (NYSE:WGO - Get Free Report) has been assigned an average rating of "Moderate Buy" from the five ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $71.80.

A number of analysts have weighed in on WGO shares. Roth Mkm restated a "neutral" rating and issued a $70.00 target price on shares of Winnebago Industries in a research report on Thursday, March 21st. StockNews.com upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research report on Saturday, April 13th. Finally, DA Davidson raised their target price on shares of Winnebago Industries from $64.00 to $66.00 and gave the company a "neutral" rating in a research report on Tuesday, March 26th.

Hedge Funds Weigh In On Winnebago Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the company. ProShare Advisors LLC lifted its holdings in Winnebago Industries by 5.0% in the first quarter. ProShare Advisors LLC now owns 5,744 shares of the construction company's stock valued at $425,000 after buying an additional 274 shares during the period. Avantax Advisory Services Inc. bought a new stake in Winnebago Industries in the first quarter valued at $242,000. Illinois Municipal Retirement Fund increased its stake in Winnebago Industries by 15.3% in the first quarter. Illinois Municipal Retirement Fund now owns 19,190 shares of the construction company's stock valued at $1,420,000 after purchasing an additional 2,552 shares in the last quarter. Quantbot Technologies LP increased its stake in Winnebago Industries by 51.0% in the first quarter. Quantbot Technologies LP now owns 18,076 shares of the construction company's stock valued at $1,338,000 after purchasing an additional 6,108 shares in the last quarter. Finally, Duality Advisers LP bought a new stake in Winnebago Industries in the first quarter valued at $1,212,000.

Winnebago Industries Price Performance

NYSE:WGO traded up $0.56 during mid-day trading on Thursday, reaching $63.36. The stock had a trading volume of 429,081 shares, compared to its average volume of 581,808. The stock has a 50-day simple moving average of $66.12 and a two-hundred day simple moving average of $66.85. The stock has a market capitalization of $1.85 billion, a PE ratio of 18.80 and a beta of 1.72. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.84 and a quick ratio of 1.52. Winnebago Industries has a 12 month low of $54.70 and a 12 month high of $75.42.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its quarterly earnings data on Thursday, March 21st. The construction company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.07. Winnebago Industries had a net margin of 3.70% and a return on equity of 14.15%. The business had revenue of $703.60 million for the quarter, compared to analysts' expectations of $692.63 million. On average, equities analysts anticipate that Winnebago Industries will post 5.15 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 24th. Investors of record on Wednesday, April 10th were issued a $0.31 dividend. The ex-dividend date was Tuesday, April 9th. This represents a $1.24 annualized dividend and a yield of 1.96%. Winnebago Industries's payout ratio is 37.13%.

About Winnebago Industries

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.