Winnebago Industries (NYSE:WGO) Posts Earnings Results, Misses Estimates By $0.23 EPS

Winnebago Industries (NYSE:WGO) released its quarterly earnings results on Friday. The construction company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.23), RTT News reports. The firm had revenue of $625.60 million during the quarter, compared to the consensus estimate of $672.23 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The company’s revenue for the quarter was down 18.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.06 EPS. Winnebago Industries updated its FY 2025 guidance to 3.100-4.400 EPS and its FY25 guidance to $3.10-$4.40 EPS.

Winnebago Industries Stock Up 0.4 %

Shares of NYSE WGO opened at $51.93 on Friday. Winnebago Industries has a 1 year low of $49.68 and a 1 year high of $74.70. The firm’s 50-day moving average is $57.85 and its 200-day moving average is $57.38. The company has a current ratio of 2.44, a quick ratio of 1.36 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $1.50 billion, a PE ratio of 173.11 and a beta of 1.60.

Winnebago Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.36 annualized dividend and a yield of 2.62%. Winnebago Industries’s dividend payout ratio is currently 453.33%.

Analyst Ratings Changes

A number of research firms have issued reports on WGO. Northcoast Research upgraded shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a report on Monday, November 11th. Benchmark decreased their price objective on Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, October 22nd. Truist Financial decreased their target price on shares of Winnebago Industries from $68.00 to $64.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. StockNews.com cut Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, October 29th. Finally, BMO Capital Markets dropped their price objective on shares of Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Winnebago Industries currently has an average rating of “Moderate Buy” and a consensus price target of $68.13.

Insider Activity at Winnebago Industries

In other news, CEO Michael J. Happe bought 2,500 shares of the stock in a transaction on Tuesday, October 29th. The stock was purchased at an average price of $55.52 per share, with a total value of $138,800.00. Following the completion of the purchase, the chief executive officer now owns 285,953 shares of the company’s stock, valued at approximately $15,876,110.56. This trade represents a 0.88 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director William C. Fisher bought 2,000 shares of the business’s stock in a transaction on Monday, October 28th. The stock was purchased at an average price of $54.81 per share, for a total transaction of $109,620.00. Following the completion of the acquisition, the director now owns 32,267 shares of the company’s stock, valued at approximately $1,768,554.27. This trade represents a 6.61 % increase in their position. The disclosure for this purchase can be found here. 4.63% of the stock is currently owned by company insiders.

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.