Somewhat Favorable Press Coverage Extremely Likely to Impact Winnebago Industries (WGO) Stock Price
Headlines about Winnebago Industries (NYSE:WGO) have trended somewhat positive this week, Alpha One reports. The research group, a unit of Accern, scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Winnebago Industries earned a coverage optimism score of 0.17 on Alpha One’s scale. Alpha One also gave news articles about the construction company an impact score of 95 out of 100, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the next several days.
These are some of the news articles that may have effected AlphaOne’s analysis:
- Quick Look at Shareholder Yield For Winnebago Industries, Inc. (NYSE:WGO) – Ozark Times (ozarktimes.com)
- Shares Seesawing on Volume: Winnebago Industries Inc (WGO) – Melville Review (melvillereview.com)
- Fundamental Point of View on Winnebago Industries, Inc. (NYSE:WGO) – Pearson Press (pearsonnewspress.com)
- Insider Trading Activity Winnebago Industries, Inc. (NYSE:WGO) – Director Bought 5,000 shares of Stock (4-traders.com)
- Winnebago Industries, Inc. Stock Sees The Needle Move 1.66% – Concord Register (concordregister.com)
A number of equities research analysts recently commented on the company. CL King assumed coverage on Winnebago Industries in a research report on Monday, April 24th. They issued a “buy” rating and a $32.00 target price on the stock. Griffin Securities reiterated a “buy” rating on shares of Winnebago Industries in a research report on Thursday, March 23rd. Zacks Investment Research downgraded Winnebago Industries from a “buy” rating to a “hold” rating in a research report on Monday, March 27th. Northcoast Research upgraded Winnebago Industries from a “neutral” rating to a “buy” rating in a research report on Thursday, March 23rd. Finally, BMO Capital Markets restated a “market perform” rating and set a $29.00 price objective (down from $40.00) on shares of Winnebago Industries in a research report on Friday, March 10th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $32.80.
Shares of Winnebago Industries (NYSE:WGO) traded up 0.76% during midday trading on Friday, hitting $26.45. The stock had a trading volume of 37,885 shares. The firm has a market cap of $835.45 million, a price-to-earnings ratio of 13.74 and a beta of 1.95. The firm’s 50 day moving average price is $27.12 and its 200 day moving average price is $30.88. Winnebago Industries has a 52-week low of $20.32 and a 52-week high of $39.30.
Winnebago Industries (NYSE:WGO) last issued its earnings results on Wednesday, March 22nd. The construction company reported $0.48 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.03. Winnebago Industries had a net margin of 4.84% and a return on equity of 18.27%. The business had revenue of $370.50 million for the quarter, compared to the consensus estimate of $345.19 million. During the same quarter last year, the firm posted $0.35 EPS. The business’s revenue for the quarter was up 64.2% compared to the same quarter last year. On average, equities research analysts expect that Winnebago Industries will post $2.19 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 26th. Investors of record on Wednesday, April 12th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.52%. The ex-dividend date was Monday, April 10th. Winnebago Industries’s dividend payout ratio (DPR) is 22.35%.
In related news, VP Brian Daniel Hazelton acquired 2,278 shares of the firm’s stock in a transaction on Monday, April 10th. The stock was bought at an average cost of $26.27 per share, with a total value of $59,843.06. Following the acquisition, the vice president now directly owns 13,278 shares in the company, valued at $348,813.06. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director William C. Fisher purchased 2,000 shares of the firm’s stock in a transaction dated Monday, April 10th. The stock was acquired at an average cost of $25.94 per share, with a total value of $51,880.00. Following the completion of the acquisition, the director now directly owns 13,600 shares in the company, valued at approximately $352,784. The disclosure for this purchase can be found here. Insiders have purchased a total of 11,278 shares of company stock worth $301,623 in the last ninety days. 1.50% of the stock is currently owned by insiders.
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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 designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.
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