Winnebago Industries, Inc. (NYSE:WGO) Director William C. Fisher bought 2,000 shares of the stock in a transaction dated Monday, April 10th. The shares were purchased at an average cost of $25.94 per share, for a total transaction of $51,880.00. Following the completion of the transaction, the director now directly owns 13,600 shares of the company’s stock, valued at $352,784. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of Winnebago Industries, Inc. (NYSE:WGO) opened at 29.05 on Thursday. The company has a 50-day moving average price of $28.16 and a 200-day moving average price of $31.01. The stock has a market capitalization of $917.57 million, a price-to-earnings ratio of 15.09 and a beta of 1.95. Winnebago Industries, Inc. has a 52-week low of $20.19 and a 52-week high of $39.30.
Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Wednesday, March 22nd. The construction company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The firm earned $370.50 million during the quarter, compared to analyst estimates of $345.19 million. Winnebago Industries had a return on equity of 18.27% and a net margin of 4.84%. The business’s quarterly revenue was up 64.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.35 earnings per share. On average, equities analysts anticipate that Winnebago Industries, Inc. will post $2.20 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 26th. Stockholders of record on Wednesday, April 12th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend was Monday, April 10th. Winnebago Industries’s dividend payout ratio (DPR) is 22.35%.
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A number of equities analysts have recently weighed in on WGO shares. BMO Capital Markets reaffirmed a “market perform” rating and set a $29.00 target price (down from $40.00) on shares of Winnebago Industries in a research report on Friday, March 10th. CL King started coverage on Winnebago Industries in a research report on Monday. They set a “buy” rating and a $32.00 target price on the stock. Griffin Securities reaffirmed a “buy” rating on shares of Winnebago Industries in a research report on Thursday, March 23rd. Northcoast Research raised Winnebago Industries from a “neutral” rating to a “buy” rating in a research report on Thursday, March 23rd. Finally, Zacks Investment Research lowered Winnebago Industries from a “buy” rating to a “hold” rating in a research report on Monday, March 27th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Winnebago Industries presently has a consensus rating of “Buy” and a consensus price target of $32.80.
Institutional investors have recently added to or reduced their stakes in the company. James Investment Research Inc. acquired a new position in Winnebago Industries during the first quarter worth $1,712,000. Deschutes Portfolio Strategy LLC acquired a new position in Winnebago Industries during the first quarter worth $207,000. Louisiana State Employees Retirement System raised its position in Winnebago Industries by 1.9% in the first quarter. Louisiana State Employees Retirement System now owns 10,800 shares of the construction company’s stock worth $316,000 after buying an additional 200 shares during the period. Teachers Advisors LLC raised its position in Winnebago Industries by 3.6% in the fourth quarter. Teachers Advisors LLC now owns 43,376 shares of the construction company’s stock worth $1,373,000 after buying an additional 1,511 shares during the period. Finally, USA Financial Portformulas Corp acquired a new position in Winnebago Industries during the fourth quarter worth $227,000. 83.36% of the stock is owned by hedge funds and other institutional investors.
Winnebago Industries Company Profile
Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.
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