Winnebago Industries (NYSE:WGO) Issues Earnings Results

Winnebago Industries (NYSE:WGO) issued its quarterly earnings results on Wednesday. The construction company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.61), Briefing.com reports. Winnebago Industries had a return on equity of 11.31% and a net margin of 2.84%. The firm had revenue of $720.90 million for the quarter, compared to analyst estimates of $718.72 million. During the same period in the prior year, the firm posted $1.59 EPS. The business’s revenue was down 6.5% compared to the same quarter last year. Winnebago Industries updated its FY25 guidance to $3.00-$4.50 EPS and its FY 2025 guidance to 3.000-4.500 EPS.

Winnebago Industries Price Performance

Shares of Winnebago Industries stock traded up $0.43 on Thursday, hitting $52.21. The company’s stock had a trading volume of 1,190,831 shares, compared to its average volume of 570,693. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.35 and a current ratio of 2.45. Winnebago Industries has a 1 year low of $49.68 and a 1 year high of $75.42. The firm has a fifty day moving average price of $57.92 and a 200-day moving average price of $58.78. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 20.17 and a beta of 1.61.

Winnebago Industries Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 11th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend was Wednesday, September 11th. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.31. Winnebago Industries’s payout ratio is currently 52.51%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on WGO. Robert W. Baird lowered their price target on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a research report on Thursday. BMO Capital Markets lowered their price target on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a research report on Thursday. Benchmark reduced their price objective on Winnebago Industries from $75.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday. Truist Financial reduced their price objective on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Citigroup lifted their price objective on Winnebago Industries from $71.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, July 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.14.

Winnebago Industries Company Profile

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.