Winnebago Industries (NYSE:WGO) Stock Rating Upgraded by Wall Street Zen

Winnebago Industries (NYSE:WGO) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

A number of other research firms also recently issued reports on WGO. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Winnebago Industries in a research note on Friday, August 7th. Griffin Securities set a $35.00 price objective on shares of Winnebago Industries in a research note on Monday, June 15th. Benchmark reduced their target price on shares of Winnebago Industries from $48.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. Citigroup upped their target price on shares of Winnebago Industries from $29.00 to $30.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. Finally, Truist Financial dropped their price target on Winnebago Industries from $43.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, July 8th. Three research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $36.33.

Winnebago Industries Trading Up 0.2%

Winnebago Industries stock opened at $28.31 on Friday. Winnebago Industries has a 1 year low of $26.80 and a 1 year high of $50.16. The firm’s 50 day moving average price is $30.82 and its 200-day moving average price is $31.53. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.37 and a quick ratio of 0.92. The stock has a market cap of $800.21 million, a P/E ratio of 20.81 and a beta of 1.12.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Thursday, June 25th. The RV manufacturer reported $0.66 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.10). The company had revenue of $698.70 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the company earned $0.81 EPS. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, equities analysts predict that Winnebago Industries will post 1.81 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Bret A. Woodson sold 1,235 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $31.73, for a total transaction of $39,186.55. Following the completion of the transaction, the senior vice president owned 31,373 shares in the company, valued at $995,465.29. The trade was a 3.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael J. Happe sold 12,045 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total value of $393,630.60. Following the transaction, the chief executive officer owned 349,349 shares of the company’s stock, valued at approximately $11,416,725.32. The trade was a 3.33% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 15,694 shares of company stock valued at $511,658. 4.88% of the stock is owned by insiders.

Institutional Trading of Winnebago Industries

Several institutional investors and hedge funds have recently made changes to their positions in WGO. Royal Bank of Canada boosted its stake in shares of Winnebago Industries by 5.5% during the first quarter. Royal Bank of Canada now owns 9,568 shares of the RV manufacturer’s stock valued at $329,000 after purchasing an additional 498 shares during the period. AQR Capital Management LLC increased its stake in Winnebago Industries by 283.0% in the 1st quarter. AQR Capital Management LLC now owns 65,104 shares of the RV manufacturer’s stock worth $2,243,000 after buying an additional 48,105 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Winnebago Industries by 2.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock worth $568,000 after buying an additional 401 shares during the period. First Trust Advisors LP lifted its holdings in Winnebago Industries by 83.9% during the 2nd quarter. First Trust Advisors LP now owns 34,626 shares of the RV manufacturer’s stock valued at $1,004,000 after buying an additional 15,801 shares in the last quarter. Finally, Marshall Wace LLP lifted its holdings in Winnebago Industries by 142.3% during the 2nd quarter. Marshall Wace LLP now owns 233,505 shares of the RV manufacturer’s stock valued at $6,772,000 after buying an additional 137,120 shares in the last quarter.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a manufacturer of recreational vehicles and marine products headquartered in Forest City, Iowa. Founded in 1958, the company initially became known for producing motorhomes under the Winnebago brand and has since expanded into a broad portfolio of recreational lifestyle products.

The company manufactures motorhomes, travel trailers, fifth-wheel trailers, and other towable recreational vehicles. Its brand portfolio includes Winnebago, Grand Design, Newmar, Chris-Craft, and Barletta, offering products that range from entry-level and premium RVs to luxury motor yachts and pontoon boats.

Winnebago serves customers primarily through independent dealers in the United States and Canada, with products also distributed in select international markets.