Winnebago Industries (NYSE:WGO) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Winnebago Industries (NYSE:WGO) from a hold rating to a sell rating in a research report released on Saturday morning.

A number of other research analysts have also recently issued reports on WGO. Weiss Ratings cut Winnebago Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. KeyCorp reissued a “sector weight” rating on shares of Winnebago Industries in a report on Friday, June 26th. Roth Capital reduced their price target on shares of Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 23rd. Zacks Research lowered shares of Winnebago Industries from a “hold” rating to a “strong sell” rating in a report on Friday, June 26th. Finally, Benchmark lowered their price objective on shares of Winnebago Industries from $48.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Winnebago Industries presently has a consensus rating of “Hold” and an average target price of $36.33.

Winnebago Industries Stock Down 0.4%

NYSE WGO opened at $30.59 on Friday. The business has a fifty day moving average price of $29.49 and a two-hundred day moving average price of $35.62. The stock has a market capitalization of $864.64 million, a PE ratio of 22.49 and a beta of 1.12. Winnebago Industries has a fifty-two week low of $26.80 and a fifty-two week high of $50.16. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.37 and a quick ratio of 0.92.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.10). Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The business had revenue of $698.70 million during the quarter, compared to the consensus estimate of $755.67 million. During the same quarter in the previous year, the business posted $0.81 EPS. The company’s revenue for the quarter was down 9.9% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. Equities analysts expect that Winnebago Industries will post 1.82 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, June 10th. Winnebago Industries’s dividend payout ratio is presently 102.94%.

Institutional Trading of Winnebago Industries

Hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Winnebago Industries by 90.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock valued at $26,000 after buying an additional 364 shares during the period. Clearstead Advisors LLC acquired a new stake in Winnebago Industries during the 4th quarter worth approximately $35,000. Hantz Financial Services Inc. boosted its position in Winnebago Industries by 36.2% during the 4th quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock worth $66,000 after buying an additional 435 shares during the period. Public Employees Retirement System of Ohio grew its holdings in Winnebago Industries by 15.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock worth $75,000 after acquiring an additional 309 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd grew its holdings in Winnebago Industries by 3,661.8% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,558 shares of the RV manufacturer’s stock worth $104,000 after acquiring an additional 2,490 shares during the last quarter.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.