Winnebago Industries (NYSE:WGO) Updates FY25 Earnings Guidance

Winnebago Industries (NYSE:WGO) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $3.00-$4.50 for the period, compared to the consensus earnings per share estimate of $5.30. The company issued revenue guidance of $2.90-$3.20 billion, compared to the consensus revenue estimate of $3.19 billion. Winnebago Industries also updated its FY 2025 guidance to 3.000-4.500 EPS.

Winnebago Industries Stock Down 8.6 %

Shares of WGO traded down $4.99 during mid-day trading on Wednesday, reaching $53.03. 1,106,793 shares of the stock traded hands, compared to its average volume of 560,680. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 21.24 and a beta of 1.61. The stock has a fifty day simple moving average of $58.00 and a 200 day simple moving average of $58.83. Winnebago Industries has a 12-month low of $49.68 and a 12-month high of $75.42. The company has a quick ratio of 1.35, a current ratio of 2.45 and a debt-to-equity ratio of 0.48.

Winnebago Industries Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 11th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date was Wednesday, September 11th. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.31. Winnebago Industries’s payout ratio is 52.51%.

Analyst Ratings Changes

A number of analysts recently issued reports on WGO shares. Citigroup lifted their price target on shares of Winnebago Industries from $71.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. Truist Financial lifted their price target on shares of Winnebago Industries from $65.00 to $68.00 and gave the stock a “buy” rating in a research note on Friday, September 20th. Benchmark dropped their price target on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, StockNews.com downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Friday, October 18th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $69.29.

Insider Activity

In other news, SVP Stacy L. Bogart sold 3,333 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $57.98, for a total transaction of $193,247.34. Following the completion of the transaction, the senior vice president now owns 41,315 shares of the company’s stock, valued at approximately $2,395,443.70. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.75% of the company’s stock.

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 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.