Brokerages forecast that Winnebago Industries, Inc. (NYSE:WGO) will announce sales of $430.69 million for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Winnebago Industries’ earnings. The highest sales estimate is $482.60 million and the lowest is $401.57 million. Winnebago Industries posted sales of $370.51 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 16.2%. The company is scheduled to announce its next quarterly earnings results on Wednesday, March 28th.

According to Zacks, analysts expect that Winnebago Industries will report full-year sales of $430.69 million for the current financial year, with estimates ranging from $1.86 billion to $1.99 billion. For the next year, analysts expect that the firm will report sales of $2.05 billion per share, with estimates ranging from $1.92 billion to $2.17 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow Winnebago Industries.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Wednesday, December 20th. The construction company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. Winnebago Industries had a return on equity of 21.47% and a net margin of 4.43%. The company had revenue of $450.00 million for the quarter, compared to analyst estimates of $387.12 million. During the same quarter in the prior year, the company posted $0.42 EPS. The business’s revenue for the quarter was up 83.4% compared to the same quarter last year.

WGO has been the topic of a number of recent analyst reports. Zacks Investment Research raised Winnebago Industries from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Tuesday, December 19th. Northcoast Research downgraded Winnebago Industries from a “buy” rating to a “neutral” rating in a report on Friday, January 26th. They noted that the move was a valuation call. ValuEngine upgraded Winnebago Industries from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Stifel Nicolaus reiterated a “hold” rating and issued a $53.00 price target (up from $45.00) on shares of Winnebago Industries in a report on Thursday, December 21st. Finally, SunTrust Banks reiterated a “hold” rating and issued a $45.00 price target on shares of Winnebago Industries in a report on Friday, October 20th. They noted that the move was a valuation call. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $51.67.

Shares of Winnebago Industries (WGO) traded down $0.10 during trading on Wednesday, hitting $43.45. The company’s stock had a trading volume of 33,801 shares, compared to its average volume of 883,201. Winnebago Industries has a one year low of $24.15 and a one year high of $58.65. The stock has a market cap of $1,434.02, a price-to-earnings ratio of 17.78 and a beta of 1.79. The company has a current ratio of 1.88, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 24th. Stockholders of record on Wednesday, January 10th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, January 9th. This represents a $0.40 annualized dividend and a dividend yield of 0.92%. Winnebago Industries’s dividend payout ratio is presently 16.33%.

Winnebago Industries announced that its Board of Directors has authorized a stock repurchase plan on Thursday, October 19th that allows the company to buyback $70.00 million in shares. This buyback authorization allows the construction company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Several institutional investors have recently made changes to their positions in the company. Driehaus Capital Management LLC grew its stake in shares of Winnebago Industries by 50.5% during the fourth quarter. Driehaus Capital Management LLC now owns 292,537 shares of the construction company’s stock valued at $16,265,000 after acquiring an additional 98,153 shares in the last quarter. Landscape Capital Management L.L.C. grew its stake in shares of Winnebago Industries by 259.2% during the fourth quarter. Landscape Capital Management L.L.C. now owns 93,090 shares of the construction company’s stock valued at $5,176,000 after acquiring an additional 67,175 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Winnebago Industries by 17.4% during the fourth quarter. Geode Capital Management LLC now owns 267,448 shares of the construction company’s stock valued at $14,870,000 after acquiring an additional 39,632 shares in the last quarter. Globeflex Capital L P grew its stake in shares of Winnebago Industries by 555.5% during the fourth quarter. Globeflex Capital L P now owns 21,567 shares of the construction company’s stock valued at $1,199,000 after acquiring an additional 18,277 shares in the last quarter. Finally, Amalgamated Bank acquired a new stake in shares of Winnebago Industries during the fourth quarter valued at about $255,000. Institutional investors own 82.94% of the company’s stock.

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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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Earnings History and Estimates for Winnebago Industries (NYSE:WGO)

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