Winnebago Industries (NYSE:WGO - Get Free Report) posted its quarterly earnings results on Wednesday. The construction company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.02, Zacks reports. The business had revenue of $775.10 million for the quarter, compared to analyst estimates of $808.15 million. Winnebago Industries had a positive return on equity of 2.86% and a negative net margin of 0.62%. The business's revenue was down 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.13 EPS. Winnebago Industries updated its FY 2025 guidance to 1.200-1.700 EPS.
Winnebago Industries Stock Performance
WGO traded up $0.63 during trading on Friday, reaching $29.26. 1,021,089 shares of the company were exchanged, compared to its average volume of 711,568. The stock has a market cap of $820.13 million, a P/E ratio of -49.59 and a beta of 1.07. The firm has a 50 day moving average of $33.09 and a 200 day moving average of $39.02. The company has a current ratio of 2.41, a quick ratio of 0.94 and a debt-to-equity ratio of 0.44. Winnebago Industries has a 52 week low of $28.00 and a 52 week high of $65.65.
Winnebago Industries Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th were paid a dividend of $0.34 per share. The ex-dividend date was Wednesday, June 11th. This represents a $1.36 dividend on an annualized basis and a yield of 4.65%. Winnebago Industries's payout ratio is currently -230.51%.
Analyst Ratings Changes
WGO has been the topic of several research reports. KeyCorp dropped their price target on Winnebago Industries from $37.00 to $34.00 and set an "overweight" rating on the stock in a research report on Thursday. Baird R W lowered Winnebago Industries from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Robert W. Baird dropped their price target on Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating on the stock in a research report on Thursday. Truist Financial dropped their price target on Winnebago Industries from $40.00 to $36.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, BMO Capital Markets dropped their price target on Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating on the stock in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $44.33.
Get Our Latest Stock Report on Winnebago Industries
Insider Buying and Selling
In other Winnebago Industries news, Director Kevin E. Bryant purchased 4,200 shares of the firm's stock in a transaction dated Monday, March 31st. The stock was bought at an average price of $34.12 per share, with a total value of $143,304.00. Following the completion of the purchase, the director now owns 13,755 shares in the company, valued at $469,320.60. This trade represents a 43.96% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 4.63% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. AQR Capital Management LLC grew its stake in shares of Winnebago Industries by 283.0% in the first quarter. AQR Capital Management LLC now owns 65,104 shares of the construction company's stock worth $2,243,000 after purchasing an additional 48,105 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Winnebago Industries by 2.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the construction company's stock worth $568,000 after purchasing an additional 401 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Winnebago Industries by 5.5% in the first quarter. Royal Bank of Canada now owns 9,568 shares of the construction company's stock worth $329,000 after purchasing an additional 498 shares in the last quarter.
About Winnebago Industries
(
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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.
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