Winnebago Industries Inc. (WGO) Scheduled to Post Quarterly Earnings on Thursday
Winnebago Industries Inc. (NYSE:WGO) is scheduled to be issuing its Q416 quarterly earnings data on Thursday, October 13th. Analysts expect the company to announce earnings of $0.45 per share and revenue of $249.16 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Shares of Winnebago Industries Inc. (NYSE:WGO) opened at 27.89 on Wednesday. The company has a market capitalization of $750.05 million, a P/E ratio of 17.11 and a beta of 2.11. The company has a 50-day moving average of $24.42 and a 200 day moving average of $22.71. Winnebago Industries Inc. has a 12 month low of $15.41 and a 12 month high of $30.60.
Several equities analysts recently commented on the stock. BMO Capital Markets upped their target price on shares of Winnebago Industries from $27.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday, October 4th. Robert W. Baird upgraded shares of Winnebago Industries from a “neutral” rating to an “outperform” rating and upped their target price for the company from $25.00 to $30.00 in a research note on Monday, October 3rd. Finally, Zacks Investment Research cut shares of Winnebago Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, August 10th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $29.33.
Large investors have recently made changes to their positions in the stock. Paloma Partners Management Co acquired a new stake in shares of Winnebago Industries during the second quarter valued at about $235,000. BlackRock Advisors LLC raised its stake in shares of Winnebago Industries by 7.1% in the second quarter. BlackRock Advisors LLC now owns 13,160 shares of the company’s stock valued at $302,000 after buying an additional 874 shares during the period. Arizona State Retirement System raised its stake in shares of Winnebago Industries by 1.4% in the second quarter. Arizona State Retirement System now owns 13,999 shares of the company’s stock valued at $321,000 after buying an additional 200 shares during the period. Stevens Capital Management LP acquired a new stake in shares of Winnebago Industries during the second quarter valued at about $429,000. Finally, Nationwide Fund Advisors raised its stake in shares of Winnebago Industries by 3.1% in the second quarter. Nationwide Fund Advisors now owns 20,785 shares of the company’s stock valued at $476,000 after buying an additional 628 shares during the period. 91.48% of the stock is currently owned by hedge funds and other institutional investors.
Winnebago Industries Company Profile
Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company sells its products through independent dealers, primarily throughout the United States and Canada. It sells motor homes through independent dealers under the Winnebago, Itasca and Era brands names.
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