DA Davidson Research Analysts Cut Earnings Estimates for Winnebago Industries, Inc. (NYSE:WGO)

Winnebago Industries, Inc. (NYSE:WGO) – Stock analysts at DA Davidson dropped their FY2025 earnings estimates for shares of Winnebago Industries in a research note issued on Thursday, June 20th. DA Davidson analyst B. Rolle now expects that the construction company will post earnings of $5.50 per share for the year, down from their prior forecast of $6.60. DA Davidson has a “Neutral” rating and a $66.00 price objective on the stock. The consensus estimate for Winnebago Industries’ current full-year earnings is $4.96 per share.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Thursday, June 20th. The construction company reported $1.13 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.17). Winnebago Industries had a return on equity of 11.31% and a net margin of 2.84%. The company had revenue of $786.00 million during the quarter, compared to the consensus estimate of $798.26 million. During the same quarter in the prior year, the business earned $2.13 EPS. The firm’s revenue for the quarter was down 12.7% compared to the same quarter last year.

Several other research analysts have also commented on the company. StockNews.com raised Winnebago Industries from a “sell” rating to a “hold” rating in a report on Saturday, April 13th. Robert W. Baird cut their price target on shares of Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Friday. Truist Financial lowered their price objective on shares of Winnebago Industries from $76.00 to $68.00 and set a “buy” rating on the stock in a research report on Friday. BMO Capital Markets cut their target price on shares of Winnebago Industries from $80.00 to $75.00 and set an “outperform” rating for the company in a research report on Friday. Finally, Roth Mkm lowered their price target on Winnebago Industries from $70.00 to $59.00 and set a “neutral” rating on the stock in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $68.50.

Winnebago Industries Price Performance

Winnebago Industries stock opened at $53.99 on Monday. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 20.85 and a beta of 1.72. The company has a quick ratio of 1.52, a current ratio of 2.45 and a debt-to-equity ratio of 0.48. The business has a 50-day simple moving average of $60.83 and a 200 day simple moving average of $66.10. Winnebago Industries has a 52 week low of $53.13 and a 52 week high of $75.42.

Institutional Trading of Winnebago Industries

Several large investors have recently modified their holdings of WGO. Dimensional Fund Advisors LP lifted its holdings in Winnebago Industries by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,215,239 shares of the construction company’s stock worth $161,448,000 after buying an additional 44,987 shares during the period. Goldman Sachs Group Inc. lifted its stake in Winnebago Industries by 10.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,660,866 shares of the construction company’s stock worth $121,044,000 after acquiring an additional 161,987 shares during the period. 1832 Asset Management L.P. boosted its holdings in Winnebago Industries by 484.1% in the first quarter. 1832 Asset Management L.P. now owns 1,004,077 shares of the construction company’s stock valued at $74,302,000 after acquiring an additional 832,187 shares in the last quarter. Broad Peak Investment Holdings Ltd. increased its position in Winnebago Industries by 20.0% during the 1st quarter. Broad Peak Investment Holdings Ltd. now owns 877,678 shares of the construction company’s stock valued at $64,948,000 after purchasing an additional 146,000 shares during the period. Finally, Pacer Advisors Inc. raised its holdings in Winnebago Industries by 44.7% in the 4th quarter. Pacer Advisors Inc. now owns 675,242 shares of the construction company’s stock worth $49,212,000 after purchasing an additional 208,452 shares in the last quarter.

Winnebago Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 26th. Stockholders of record on Wednesday, June 12th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Wednesday, June 12th. Winnebago Industries’s dividend payout ratio (DPR) is 47.88%.

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.