Winnebago Industries (WGO) Expected to Announce Earnings on Thursday

Winnebago Industries (NYSE:WGO) is anticipated to release its earnings data before the market opens on Thursday, March 20th. Analysts expect Winnebago Industries to post earnings of $0.23 per share and revenue of $621.41 million for the quarter. Winnebago Industries has set its FY 2025 guidance at 3.100-4.400 EPS and its FY25 guidance at $3.10-$4.40 EPS.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.23). The business had revenue of $625.60 million for the quarter, compared to analysts’ expectations of $672.23 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The company’s revenue was down 18.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.06 EPS. On average, analysts expect Winnebago Industries to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Winnebago Industries Trading Up 0.1 %

Shares of Winnebago Industries stock opened at $35.70 on Thursday. The company’s fifty day simple moving average is $44.54 and its 200-day simple moving average is $52.56. The stock has a market capitalization of $1.01 billion, a PE ratio of -54.08 and a beta of 1.70. Winnebago Industries has a 1-year low of $34.12 and a 1-year high of $74.10. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34.

Winnebago Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend was Wednesday, January 15th. Winnebago Industries’s dividend payout ratio is presently -206.06%.

Insiders Place Their Bets

In related news, Director Jacqueline D. Woods sold 1,503 shares of Winnebago Industries stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $44.32, for a total transaction of $66,612.96. Following the completion of the transaction, the director now directly owns 10,985 shares of the company’s stock, valued at approximately $486,855.20. The trade was a 12.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 4.63% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on WGO. KeyCorp upgraded shares of Winnebago Industries from a “sector weight” rating to an “overweight” rating and set a $58.00 price target on the stock in a research note on Wednesday, January 8th. StockNews.com upgraded shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Thursday, March 6th. Truist Financial raised their price objective on shares of Winnebago Industries from $56.00 to $58.00 and gave the company a “buy” rating in a research report on Monday, February 10th. Benchmark restated a “buy” rating and set a $70.00 price objective on shares of Winnebago Industries in a research report on Monday, December 23rd. Finally, DA Davidson decreased their price objective on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 24th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Winnebago Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.00.

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.