Winnebago Industries, Inc. (NYSE:WGO) was upgraded by investment analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday.

Several other brokerages also recently commented on WGO. BidaskClub downgraded shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 10th. Zacks Investment Research downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Wednesday. BMO Capital Markets reaffirmed a “market perform” rating and set a $34.00 target price (up previously from $29.00) on shares of Winnebago Industries in a report on Thursday, June 22nd. Finally, Stifel Nicolaus started coverage on shares of Winnebago Industries in a report on Thursday, July 6th. They set a “buy” rating and a $40.00 target price for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $34.83.

Shares of Winnebago Industries (NYSE:WGO) traded up 0.14% on Friday, hitting $36.20. 250,997 shares of the stock were exchanged. Winnebago Industries has a one year low of $22.11 and a one year high of $39.30. The company has a 50-day moving average price of $35.34 and a 200-day moving average price of $31.13. The firm has a market capitalization of $1.14 billion, a PE ratio of 18.08 and a beta of 1.98.

Winnebago Industries (NYSE:WGO) last announced its earnings results on Wednesday, June 21st. The construction company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.72 by $0.22. The business had revenue of $476.40 million during the quarter, compared to the consensus estimate of $440.94 million. Winnebago Industries had a net margin of 4.39% and a return on equity of 20.01%. Winnebago Industries’s revenue was up 75.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.53 EPS. Equities research analysts expect that Winnebago Industries will post $2.23 earnings per share for the current year.

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Hedge funds have recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in shares of Winnebago Industries during the second quarter valued at $107,000. Pinebridge Investments L.P. boosted its stake in shares of Winnebago Industries by 1.0% in the second quarter. Pinebridge Investments L.P. now owns 3,496 shares of the construction company’s stock valued at $123,000 after buying an additional 35 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Winnebago Industries by 17.6% in the second quarter. Victory Capital Management Inc. now owns 3,582 shares of the construction company’s stock valued at $125,000 after buying an additional 536 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in shares of Winnebago Industries by 33.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 4,689 shares of the construction company’s stock valued at $137,000 after buying an additional 1,165 shares during the period. Finally, State of Alaska Department of Revenue boosted its stake in shares of Winnebago Industries by 78.6% in the second quarter. State of Alaska Department of Revenue now owns 5,233 shares of the construction company’s stock valued at $183,000 after buying an additional 2,303 shares during the period. Institutional investors and hedge funds own 85.27% of the company’s stock.

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.

Analyst Recommendations for Winnebago Industries (NYSE:WGO)

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