Winnebago Industries (NYSE:WGO) Reaches New 1-Year Low - Should You Sell?

Shares of Winnebago Industries, Inc. (NYSE:WGO - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $30.79 and last traded at $31.82, with a volume of 556403 shares. The stock had previously closed at $32.61.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on WGO shares. Baird R W lowered Winnebago Industries from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Benchmark lowered their target price on shares of Winnebago Industries from $70.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, April 1st. StockNews.com raised shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research note on Friday. Truist Financial decreased their price target on shares of Winnebago Industries from $50.00 to $38.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Citigroup cut their price objective on Winnebago Industries from $51.00 to $43.00 and set a "buy" rating for the company in a research report on Wednesday, March 19th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $51.89.

Winnebago Industries Trading Down 0.1 %

The stock has a market cap of $910.11 million, a P/E ratio of -49.39 and a beta of 1.49. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.34 and a current ratio of 2.58. The stock's fifty day moving average is $33.85 and its 200 day moving average is $45.54.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.19. The business had revenue of $620.20 million for the quarter, compared to the consensus estimate of $621.41 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The company's quarterly revenue was down 11.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.93 earnings per share. As a group, equities research analysts predict that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date of this dividend was Wednesday, April 16th. Winnebago Industries's dividend payout ratio (DPR) is -544.00%.

Insider Activity

In other Winnebago Industries news, Director Kevin E. Bryant acquired 4,200 shares of the business's stock in a transaction on Monday, March 31st. The shares were bought at an average price of $34.12 per share, with a total value of $143,304.00. Following the transaction, the director now directly owns 13,755 shares of the company's stock, valued at $469,320.60. The trade was a 43.96 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Jacqueline D. Woods sold 1,503 shares of Winnebago Industries stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the sale, the director now owns 10,985 shares of the company's stock, valued at approximately $486,855.20. This trade represents a 12.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 4.63% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP boosted its holdings in shares of Winnebago Industries by 40.6% in the fourth quarter. First Trust Advisors LP now owns 1,643,786 shares of the construction company's stock valued at $78,540,000 after purchasing an additional 474,273 shares during the period. BNP Paribas Financial Markets raised its position in Winnebago Industries by 1,930.2% during the 4th quarter. BNP Paribas Financial Markets now owns 321,662 shares of the construction company's stock valued at $15,369,000 after purchasing an additional 305,818 shares in the last quarter. Barclays PLC lifted its holdings in shares of Winnebago Industries by 494.5% in the 4th quarter. Barclays PLC now owns 294,703 shares of the construction company's stock worth $14,081,000 after buying an additional 245,131 shares during the period. Renaissance Technologies LLC grew its position in shares of Winnebago Industries by 204.8% during the 4th quarter. Renaissance Technologies LLC now owns 214,000 shares of the construction company's stock worth $10,225,000 after buying an additional 143,800 shares in the last quarter. Finally, Two Sigma Investments LP purchased a new position in shares of Winnebago Industries during the fourth quarter valued at $6,326,000.

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.