Winnebago Industries, Inc. (NYSE:WGO) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Winnebago Industries, Inc. (NYSE:WGO) have received an average rating of “Hold” from the twelve brokerages that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $36.3333.

Several research firms have commented on WGO. Griffin Securities set a $35.00 target price on shares of Winnebago Industries in a report on Monday, June 15th. Citigroup upped their price target on shares of Winnebago Industries from $29.00 to $30.00 and gave the stock a “neutral” rating in a report on Monday, June 29th. Truist Financial reduced their price target on shares of Winnebago Industries from $43.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, July 8th. BMO Capital Markets decreased their price objective on shares of Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating on the stock in a research note on Friday, June 26th. Finally, Wall Street Zen downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th.

Winnebago Industries Stock Up 2.5%

Shares of NYSE WGO opened at $30.81 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.92 and a current ratio of 2.37. Winnebago Industries has a 52 week low of $26.80 and a 52 week high of $50.16. The stock has a market capitalization of $871.11 million, a P/E ratio of 22.66 and a beta of 1.12. The stock’s fifty day moving average is $29.59 and its 200 day moving average is $35.37.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.10). The company had revenue of $698.70 million during the quarter, compared to analyst estimates of $755.67 million. Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The firm’s revenue for the quarter was down 9.9% compared to the same quarter last year. During the same period last year, the firm earned $0.81 EPS. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. Sell-side analysts forecast that Winnebago Industries will post 1.82 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were paid a $0.35 dividend. The ex-dividend date was Wednesday, June 10th. This represents a $1.40 annualized dividend and a dividend yield of 4.5%. Winnebago Industries’s dividend payout ratio (DPR) is presently 102.94%.

Hedge Funds Weigh In On Winnebago Industries

A number of institutional investors have recently modified their holdings of WGO. UBS Group AG lifted its position in shares of Winnebago Industries by 224.7% during the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock worth $54,870,000 after buying an additional 937,140 shares during the last quarter. Pzena Investment Management LLC bought a new position in Winnebago Industries in the fourth quarter valued at about $37,642,000. Deprince Race & Zollo Inc. grew its position in Winnebago Industries by 300.6% in the first quarter. Deprince Race & Zollo Inc. now owns 573,448 shares of the RV manufacturer’s stock valued at $17,771,000 after acquiring an additional 430,300 shares during the last quarter. Maple Rock Capital Partners Inc. grew its position in Winnebago Industries by 111.2% in the third quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock valued at $22,746,000 after acquiring an additional 358,100 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in Winnebago Industries during the third quarter worth about $9,785,000.

About Winnebago Industries

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.