Winnebago Industries (NYSE:WGO) Price Target Raised to $45.00

Key Points

• BMO Capital Markets has raised Winnebago Industries' price target from $40.00 to $45.00, suggesting a potential upside of 14% from its previous close and maintaining an "outperform" rating on the stock.
• Despite the positive outlook from some analysts, others have downgraded their targets, with Roth Capital decreasing its target to $30.00 and setting a "neutral" rating.
• Winnebago Industries reported $0.71 earnings per share for the last quarter, exceeding analysts' estimates and marking a year-over-year revenue increase of 7.8%.

Winnebago Industries (NYSE:WGO - Get Free Report) had its price objective upped by equities research analysts at BMO Capital Markets from $40.00 to $45.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an "outperform" rating on the RV manufacturer's stock. BMO Capital Markets' target price suggests a potential upside of 14.00% from the stock's previous close.

A number of other research firms have also issued reports on WGO. Roth Capital reduced their target price on shares of Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating for the company in a research note on Thursday, June 26th. Truist Financial reduced their target price on shares of Winnebago Industries from $40.00 to $36.00 and set a "buy" rating for the company in a research note on Thursday, June 26th. Citigroup boosted their target price on shares of Winnebago Industries from $36.00 to $41.00 and gave the company a "buy" rating in a research note on Friday, September 12th. KeyCorp reissued a "sector weight" rating on shares of Winnebago Industries in a research note on Thursday. Finally, DA Davidson boosted their target price on shares of Winnebago Industries from $26.00 to $32.00 and gave the company a "neutral" rating in a research note on Tuesday, September 30th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Winnebago Industries currently has an average rating of "Hold" and an average target price of $41.11.

Winnebago Industries Trading Down 2.9%

NYSE WGO opened at $39.47 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.89 and a current ratio of 2.42. The company has a 50-day simple moving average of $34.01 and a 200-day simple moving average of $32.79. The firm has a market capitalization of $1.11 billion, a PE ratio of 43.38 and a beta of 1.14. Winnebago Industries has a one year low of $28.00 and a one year high of $65.65.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its earnings results on Wednesday, October 22nd. The RV manufacturer reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.13. The firm had revenue of $777.30 million during the quarter, compared to analyst estimates of $724.89 million. Winnebago Industries had a net margin of 0.92% and a return on equity of 3.86%. Winnebago Industries's revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 EPS. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. On average, equities analysts forecast that Winnebago Industries will post 3.41 earnings per share for the current year.

Institutional Trading of Winnebago Industries

A number of institutional investors have recently made changes to their positions in the stock. Teacher Retirement System of Texas bought a new stake in shares of Winnebago Industries in the 1st quarter worth approximately $254,000. Farther Finance Advisors LLC raised its holdings in shares of Winnebago Industries by 53.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer's stock worth $32,000 after purchasing an additional 385 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Winnebago Industries by 62.8% in the 2nd quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer's stock worth $33,000 after purchasing an additional 433 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Winnebago Industries by 1.0% in the 1st quarter. Principal Financial Group Inc. now owns 167,320 shares of the RV manufacturer's stock worth $5,766,000 after purchasing an additional 1,640 shares in the last quarter. Finally, Polar Asset Management Partners Inc. bought a new stake in shares of Winnebago Industries in the 1st quarter worth approximately $3,284,000.

Winnebago Industries Company Profile

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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