Wall Street brokerages predict that Winnebago Industries, Inc. (NYSE:WGO) will post earnings per share (EPS) of $0.60 for the current quarter, according to Zacks. Two analysts have provided estimates for Winnebago Industries’ earnings. The lowest EPS estimate is $0.54 and the highest is $0.68. Winnebago Industries reported earnings of $0.57 per share in the same quarter last year, which would indicate a positive year over year growth rate of 5.3%. The company is scheduled to announce its next quarterly earnings results on Wednesday, December 19th.
On average, analysts expect that Winnebago Industries will report full-year earnings of $3.67 per share for the current financial year, with EPS estimates ranging from $3.50 to $3.90. For the next year, analysts expect that the business will post earnings of $4.17 per share, with EPS estimates ranging from $3.70 to $4.40. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Winnebago Industries.
Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Wednesday, October 17th. The construction company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.91 by $0.03. Winnebago Industries had a return on equity of 20.27% and a net margin of 5.08%. The firm had revenue of $536.20 million during the quarter, compared to analysts’ expectations of $498.30 million. During the same period in the prior year, the firm posted $0.79 earnings per share. The business’s quarterly revenue was up 17.9% compared to the same quarter last year.
Several research analysts recently commented on WGO shares. ValuEngine cut Winnebago Industries from a “sell” rating to a “strong sell” rating in a research report on Friday, September 21st. Zacks Investment Research raised Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Monday, September 10th. Robert W. Baird reduced their price target on Winnebago Industries from $60.00 to $50.00 and set an “outperform” rating for the company in a research report on Thursday, October 18th. Finally, Northcoast Research reissued a “buy” rating on shares of Winnebago Industries in a research report on Friday, August 17th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $51.60.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Globeflex Capital L P lifted its position in shares of Winnebago Industries by 5.1% in the second quarter. Globeflex Capital L P now owns 30,895 shares of the construction company’s stock valued at $1,254,000 after buying an additional 1,493 shares during the last quarter. Whittier Trust Co. lifted its position in shares of Winnebago Industries by 4.7% in the second quarter. Whittier Trust Co. now owns 33,792 shares of the construction company’s stock valued at $1,372,000 after buying an additional 1,506 shares during the last quarter. Aviance Capital Partners LLC lifted its position in shares of Winnebago Industries by 28.4% in the second quarter. Aviance Capital Partners LLC now owns 8,681 shares of the construction company’s stock valued at $352,000 after buying an additional 1,919 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Winnebago Industries by 38.0% in the third quarter. Victory Capital Management Inc. now owns 7,506 shares of the construction company’s stock valued at $249,000 after buying an additional 2,067 shares during the last quarter. Finally, BlueMountain Capital Management LLC lifted its position in shares of Winnebago Industries by 174.8% in the second quarter. BlueMountain Capital Management LLC now owns 3,886 shares of the construction company’s stock valued at $158,000 after buying an additional 2,472 shares during the last quarter. 86.43% of the stock is owned by institutional investors.
NYSE WGO traded down $0.52 during trading hours on Friday, hitting $27.60. 249,172 shares of the company traded hands, compared to its average volume of 1,001,465. Winnebago Industries has a twelve month low of $25.21 and a twelve month high of $58.65. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.87 and a current ratio of 1.82. The stock has a market capitalization of $912.61 million, a PE ratio of 9.09 and a beta of 1.64.
About Winnebago Industries
Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates in five segments: Winnebago Motorhomes, Winnebago Towables, Grand Design Towables, Winnebago Specialty Vehicles, and Chris-Craft Marine.
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