Winnebago Industries, Inc. (NYSE:WGO) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Analysts give Winnebago a consensus Hold rating (7 holds, 4 buys) with an average 12‑month price target of $42.70.
• Winnebago beat Q2 expectations with $0.27 EPS vs. $0.25 expected and revenue of $657.4M (up 6% year‑over‑year), and analysts forecast ~3.41 EPS for the current year.
• The company announced a quarterly dividend of $0.35 (annualized $1.40) yielding 4.3%, though its dividend payout ratio is high at 95.24%.

Winnebago Industries, Inc. (NYSE:WGO - Get Free Report) has earned an average recommendation of "Hold" from the eleven ratings firms that are currently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $42.70.

Several research analysts recently weighed in on WGO shares. Benchmark boosted their price objective on shares of Winnebago Industries from $42.00 to $48.00 and gave the stock a "buy" rating in a research report on Tuesday, December 23rd. Roth Mkm boosted their price objective on shares of Winnebago Industries from $36.00 to $42.00 and gave the stock a "neutral" rating in a research report on Monday, December 22nd. Weiss Ratings restated a "hold (c-)" rating on shares of Winnebago Industries in a research report on Monday, December 29th. Griffin Securities set a $40.00 price objective on shares of Winnebago Industries in a research report on Tuesday, December 23rd. Finally, DA Davidson boosted their price objective on shares of Winnebago Industries from $38.00 to $40.00 and gave the stock a "neutral" rating in a research report on Tuesday, December 23rd.

Hedge Funds Weigh In On Winnebago Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of WGO. UBS Group AG boosted its stake in Winnebago Industries by 224.7% in the fourth quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer's stock valued at $54,870,000 after acquiring an additional 937,140 shares during the last quarter. Pzena Investment Management LLC bought a new position in Winnebago Industries in the fourth quarter valued at approximately $37,642,000. Maple Rock Capital Partners Inc. boosted its stake in Winnebago Industries by 111.2% in the third quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer's stock valued at $22,746,000 after acquiring an additional 358,100 shares during the last quarter. Hotchkis & Wiley Capital Management LLC bought a new position in Winnebago Industries in the third quarter valued at approximately $9,785,000. Finally, Royce & Associates LP bought a new position in Winnebago Industries in the third quarter valued at approximately $6,838,000.

Winnebago Industries Stock Performance

WGO stock opened at $32.21 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.30 and a quick ratio of 0.99. The company has a 50 day moving average price of $39.16 and a 200 day moving average price of $38.54. Winnebago Industries has a fifty-two week low of $28.00 and a fifty-two week high of $50.16. The stock has a market capitalization of $910.55 million, a PE ratio of 21.91 and a beta of 1.20.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its quarterly earnings data on Wednesday, March 25th. The RV manufacturer reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.02. Winnebago Industries had a net margin of 1.43% and a return on equity of 4.99%. The firm had revenue of $657.40 million during the quarter, compared to analysts' expectations of $628.00 million. During the same quarter in the previous year, the company posted $0.19 EPS. Winnebago Industries's revenue was up 6.0% on a year-over-year basis. Analysts forecast that Winnebago Industries will post 3.41 EPS for the current year.

Winnebago Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Wednesday, April 15th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $1.40 dividend on an annualized basis and a yield of 4.3%. Winnebago Industries's dividend payout ratio (DPR) is presently 95.24%.

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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