Wall Street analysts expect Winnebago Industries, Inc. (NYSE:WGO) to post $0.96 earnings per share for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Winnebago Industries’ earnings, with the lowest EPS estimate coming in at $0.84 and the highest estimate coming in at $1.07. Winnebago Industries reported earnings of $0.94 per share during the same quarter last year, which would indicate a positive year over year growth rate of 2.1%. The business is expected to issue its next earnings report on Thursday, October 18th.
According to Zacks, analysts expect that Winnebago Industries will report full year earnings of $3.17 per share for the current financial year, with EPS estimates ranging from $3.03 to $3.32. For the next fiscal year, analysts expect that the firm will report earnings of $4.06 per share, with EPS estimates ranging from $3.65 to $4.53. Zacks’ earnings per share averages are an average based on a survey of research firms that that provide coverage for Winnebago Industries.
Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Wednesday, June 20th. The construction company reported $1.02 EPS for the quarter, topping the Zacks’ consensus estimate of $0.91 by $0.11. The company had revenue of $562.30 million for the quarter, compared to analysts’ expectations of $540.59 million. Winnebago Industries had a return on equity of 21.25% and a net margin of 5.04%. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.61 earnings per share.
A number of research analysts have commented on the company. Zacks Investment Research upgraded Winnebago Industries from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Friday, June 22nd. ValuEngine upgraded Winnebago Industries from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, March 20th. SunTrust Banks upgraded Winnebago Industries from a “hold” rating to a “buy” rating in a research note on Friday, March 16th. Finally, Stifel Nicolaus set a $44.00 price objective on Winnebago Industries and gave the stock a “hold” rating in a research note on Monday, May 7th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $53.60.
Large investors have recently added to or reduced their stakes in the stock. Jump Trading LLC acquired a new position in shares of Winnebago Industries in the fourth quarter worth about $490,000. Millennium Management LLC lifted its stake in shares of Winnebago Industries by 108.1% in the fourth quarter. Millennium Management LLC now owns 352,901 shares of the construction company’s stock worth $19,621,000 after acquiring an additional 183,343 shares in the last quarter. Timucuan Asset Management Inc. FL acquired a new position in shares of Winnebago Industries in the fourth quarter worth about $67,768,000. Schwab Charles Investment Management Inc. lifted its stake in shares of Winnebago Industries by 10.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 193,092 shares of the construction company’s stock worth $10,736,000 after acquiring an additional 17,599 shares in the last quarter. Finally, California Public Employees Retirement System lifted its stake in shares of Winnebago Industries by 2.3% in the fourth quarter. California Public Employees Retirement System now owns 96,500 shares of the construction company’s stock worth $5,365,000 after acquiring an additional 2,200 shares in the last quarter. Institutional investors and hedge funds own 87.91% of the company’s stock.
Shares of Winnebago Industries traded up $0.05, reaching $40.80, during midday trading on Thursday, according to MarketBeat. 703,700 shares of the company were exchanged, compared to its average volume of 815,048. The stock has a market cap of $1.34 billion, a PE ratio of 12.18 and a beta of 1.81. Winnebago Industries has a 1-year low of $33.15 and a 1-year high of $58.65. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.96 and a quick ratio of 1.03.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 5th. Investors of record on Wednesday, June 20th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.98%. The ex-dividend date of this dividend is Tuesday, June 19th. Winnebago Industries’s dividend payout ratio (DPR) is 11.94%.
Winnebago Industries Company Profile
Winnebago Industries, Inc manufactures and sells recreation vehicles primarily for use in leisure travel and outdoor recreation activities. It operates through two segments, Motorized and Towable. The company manufactures motorhomes, which are self-propelled mobile dwellings used primarily as temporary living quarters during vacation and camping trips, or to support various other lifestyles under the Winnebago brand.
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