Analysts expect Winnebago Industries, Inc. (NYSE:WGO) to post $430.63 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Winnebago Industries’ earnings, with the highest sales estimate coming in at $464.70 million and the lowest estimate coming in at $394.30 million. Winnebago Industries reported sales of $468.36 million in the same quarter last year, which would suggest a negative year over year growth rate of 8.1%. The company is expected to issue its next earnings results on Wednesday, March 20th.

On average, analysts expect that Winnebago Industries will report full-year sales of $2.07 billion for the current year, with estimates ranging from $2.02 billion to $2.14 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $2.19 billion, with estimates ranging from $2.14 billion to $2.25 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Winnebago Industries.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Wednesday, December 19th. The construction company reported $0.70 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.13. The firm had revenue of $493.65 million during the quarter, compared to analyst estimates of $482.96 million. Winnebago Industries had a return on equity of 20.10% and a net margin of 5.17%. The company’s revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 earnings per share.

WGO has been the subject of several analyst reports. Zacks Investment Research upgraded Winnebago Industries from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a research note on Saturday. BMO Capital Markets reduced their target price on shares of Winnebago Industries to $42.00 and set an “outperform” rating on the stock in a research report on Monday, February 4th. SunTrust Banks lowered their price objective on shares of Winnebago Industries to $34.00 and set a “positive” rating for the company in a research note on Thursday, December 20th. TheStreet downgraded shares of Winnebago Industries from a “b-” rating to a “c+” rating in a research report on Monday, December 10th. Finally, Robert W. Baird cut their target price on shares of Winnebago Industries from $60.00 to $50.00 and set an “outperform” rating for the company in a research note on Thursday, October 18th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $40.40.

Shares of WGO traded down $0.09 during mid-day trading on Wednesday, reaching $28.54. The company had a trading volume of 310,800 shares, compared to its average volume of 690,496. The stock has a market cap of $917.02 million, a P/E ratio of 9.06 and a beta of 1.49. Winnebago Industries has a 52 week low of $19.77 and a 52 week high of $47.76. The company has a quick ratio of 0.76, a current ratio of 1.72 and a debt-to-equity ratio of 0.46.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 23rd. Shareholders of record on Wednesday, January 9th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend was Tuesday, January 8th. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.10. Winnebago Industries’s payout ratio is presently 13.97%.

In other Winnebago Industries news, VP Steven Scott Degnan sold 10,013 shares of the company’s stock in a transaction that occurred on Monday, January 28th. The stock was sold at an average price of $30.11, for a total transaction of $301,491.43. Following the completion of the sale, the vice president now owns 32,449 shares of the company’s stock, valued at $977,039.39. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.57% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of WGO. Comerica Bank lifted its holdings in shares of Winnebago Industries by 1.4% during the 4th quarter. Comerica Bank now owns 28,507 shares of the construction company’s stock valued at $843,000 after purchasing an additional 397 shares in the last quarter. Mount Vernon Associates Inc. MD lifted its position in shares of Winnebago Industries by 2.3% during the 4th quarter. Mount Vernon Associates Inc. MD now owns 38,562 shares of the construction company’s stock valued at $934,000 after acquiring an additional 850 shares during the period. Texas Permanent School Fund lifted its position in shares of Winnebago Industries by 5.2% during the 4th quarter. Texas Permanent School Fund now owns 18,988 shares of the construction company’s stock valued at $460,000 after acquiring an additional 935 shares during the period. Teachers Advisors LLC raised its holdings in shares of Winnebago Industries by 3.1% during the 3rd quarter. Teachers Advisors LLC now owns 61,171 shares of the construction company’s stock worth $2,028,000 after buying an additional 1,817 shares in the last quarter. Finally, Victory Capital Management Inc. increased its holdings in Winnebago Industries by 38.0% in the 3rd quarter. Victory Capital Management Inc. now owns 7,506 shares of the construction company’s stock worth $249,000 after purchasing an additional 2,067 shares in the last quarter. Institutional investors and hedge funds own 85.54% of the company’s stock.

About Winnebago Industries

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates in five segments: Winnebago Motorhomes, Winnebago Towables, Grand Design Towables, Winnebago Specialty Vehicles, and Chris-Craft Marine.

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