Analysts’ Recent Ratings Changes for Winnebago Industries (WGO)

Several analysts have recently updated their ratings and price targets for Winnebago Industries (NYSE: WGO):

  • 12/31/2017 – Winnebago Industries was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 12/21/2017 – Winnebago Industries had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $52.00 price target on the stock.
  • 12/21/2017 – Winnebago Industries had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $60.00 price target on the stock, up previously from $52.00.
  • 12/21/2017 – Winnebago Industries had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $53.00 price target on the stock, up previously from $45.00.
  • 12/20/2017 – Winnebago Industries was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Winnebago has been focusing to increase its production of Class A gas and Class C motorhomes by building new facilities, which will lead to a rise in product demand, in future. The company is well positioned with its industry-leading products and solid balance sheet. Also, its shares repurchase programs and frequent dividend payments will boost its shareholders’ value. Moreover, divesting its non-core operations will help Winnebago to focus on its core operation i.e. recreational vehicles. In the last three months, its shares have outperformed in the industry it belongs to. However, the debt burden as a result of Grand Design acquisition, challenging Motorized segment and its agreement to repurchase vehicles at reduced prices in case of any default by the dealer might hamper the company’s performance.”
  • 12/19/2017 – Winnebago Industries was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $65.00 price target on the stock. According to Zacks, “Winnebago has been focusing to increase its production of Class A gas and Class C motorhomes by building new facilities, which will lead to a rise in product demand, in future. The company is well positioned with its industry-leading products and solid balance sheet. Also, its shares repurchase programs and frequent dividend payments will boost its shareholders’ value. Moreover, divesting its non-core operations will help Winnebago to focus on its core operation i.e. recreational vehicles. In the last three months, its shares have outperformed in the industry it belongs to.”
  • 12/5/2017 – Winnebago Industries was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Winnebago has been focusing to increase its production of Class A gas and Class C motorhomes by building new facilities, which will lead to a rise in product demand, in future. The company’ shares repurchase programs and frequent dividend payments will boost its shareholders’ value. Moreover, in the last three months, its shares have outperformed in the industry it belongs to. However, the company’s debt of $309 million for the acquisition of Grand Design is hampering its liquidity. Further, Winnebago’s challenging Motorized segment and its repurchase agreement to purchase vehicles at a reduced price in case of any default by the dealer are few other problems the company is facing.”
  • 12/1/2017 – Winnebago Industries was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.

Shares of Winnebago Industries, Inc. (WGO) opened at $56.10 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.88. The stock has a market cap of $1,780.00, a PE ratio of 22.99 and a beta of 2.08. Winnebago Industries, Inc. has a 12 month low of $24.15 and a 12 month high of $58.65.

Winnebago Industries (NYSE:WGO) last posted its earnings results on Wednesday, December 20th. The construction company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. The company had revenue of $450.00 million during the quarter, compared to analysts’ expectations of $387.12 million. Winnebago Industries had a net margin of 4.43% and a return on equity of 21.47%. Winnebago Industries’s quarterly revenue was up 83.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.42 EPS. research analysts forecast that Winnebago Industries, Inc. will post 3.07 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Shareholders of record on Wednesday, January 10th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.71%. The ex-dividend date is Tuesday, January 9th. Winnebago Industries’s dividend payout ratio (DPR) is 16.39%.

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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