Winnebago Industries (NYSE:WGO) Given New $47.00 Price Target at Truist Financial

Winnebago Industries (NYSE:WGO) had its target price upped by research analysts at Truist Financial from $46.00 to $47.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the RV manufacturer’s stock. Truist Financial’s price objective would suggest a potential upside of 8.62% from the company’s current price.

A number of other analysts have also commented on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Winnebago Industries in a research note on Monday, December 29th. DA Davidson lifted their target price on shares of Winnebago Industries from $38.00 to $40.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 23rd. Roth Capital upped their price target on shares of Winnebago Industries from $36.00 to $42.00 and gave the company a “neutral” rating in a research report on Monday, December 22nd. Zacks Research raised shares of Winnebago Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, October 24th. Finally, Griffin Securities set a $40.00 price objective on shares of Winnebago Industries in a research report on Tuesday, December 23rd. Four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $42.50.

Winnebago Industries Price Performance

Shares of WGO stock traded up $0.64 during mid-day trading on Thursday, hitting $43.27. 305,556 shares of the stock traded hands, compared to its average volume of 602,895. Winnebago Industries has a twelve month low of $28.00 and a twelve month high of $50.31. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.25 and a current ratio of 2.69. The company’s 50-day simple moving average is $38.13 and its 200-day simple moving average is $34.80. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 33.81 and a beta of 1.08.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Friday, December 19th. The RV manufacturer reported $0.38 EPS for the quarter, topping the consensus estimate of $0.12 by $0.26. The firm had revenue of $702.70 million for the quarter, compared to analysts’ expectations of $628.51 million. Winnebago Industries had a net margin of 1.27% and a return on equity of 4.83%. Winnebago Industries’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.03) earnings per share. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. As a group, equities research analysts expect that Winnebago Industries will post 3.41 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Sara E. Armbruster bought 2,700 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The shares were bought at an average cost of $40.27 per share, with a total value of $108,729.00. Following the acquisition, the director owned 14,426 shares in the company, valued at $580,935.02. This trade represents a 23.03% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael J. Happe sold 7,105 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $41.38, for a total transaction of $294,004.90. Following the completion of the sale, the chief executive officer directly owned 347,501 shares of the company’s stock, valued at $14,379,591.38. This represents a 2.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 4.88% of the company’s stock.

Institutional Trading of Winnebago Industries

Large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in Winnebago Industries by 503.3% during the fourth quarter. GAMMA Investing LLC now owns 4,736 shares of the RV manufacturer’s stock valued at $192,000 after purchasing an additional 3,951 shares during the last quarter. Voloridge Investment Management LLC lifted its stake in Winnebago Industries by 61.9% in the third quarter. Voloridge Investment Management LLC now owns 331,000 shares of the RV manufacturer’s stock worth $11,069,000 after purchasing an additional 126,537 shares during the last quarter. Verition Fund Management LLC grew its position in Winnebago Industries by 5.3% in the 3rd quarter. Verition Fund Management LLC now owns 90,519 shares of the RV manufacturer’s stock valued at $3,027,000 after acquiring an additional 4,569 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in Winnebago Industries by 15.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock valued at $75,000 after buying an additional 309 shares during the period. Finally, Nomura Holdings Inc. boosted its holdings in shares of Winnebago Industries by 9.8% in the third quarter. Nomura Holdings Inc. now owns 43,041 shares of the RV manufacturer’s stock valued at $1,439,000 after purchasing an additional 3,831 shares during the period.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.