Winnebago Industries (NYSE:WGO) Releases Earnings Results, Misses Estimates By $0.61 EPS

Winnebago Industries (NYSE:WGO) issued its quarterly earnings data on Wednesday. The construction company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.61), Briefing.com reports. The business had revenue of $720.90 million during the quarter, compared to the consensus estimate of $718.72 million. Winnebago Industries had a return on equity of 11.31% and a net margin of 2.84%. The business’s quarterly revenue was down 6.5% on a year-over-year basis. During the same period last year, the firm earned $1.59 EPS. Winnebago Industries updated its FY25 guidance to $3.00-$4.50 EPS and its FY 2025 guidance to 3.000-4.500 EPS.

Winnebago Industries Stock Up 0.8 %

Shares of Winnebago Industries stock traded up $0.43 during trading on Thursday, reaching $52.21. The company’s stock had a trading volume of 1,190,831 shares, compared to its average volume of 570,693. The company has a quick ratio of 1.35, a current ratio of 2.45 and a debt-to-equity ratio of 0.48. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 20.17 and a beta of 1.61. Winnebago Industries has a 1-year low of $49.68 and a 1-year high of $75.42. The company has a 50-day simple moving average of $57.92 and a two-hundred day simple moving average of $58.78.

Winnebago Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th were given a $0.34 dividend. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.60%. Winnebago Industries’s dividend payout ratio (DPR) is presently 52.51%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WGO. StockNews.com downgraded Winnebago Industries from a “hold” rating to a “sell” rating in a report on Friday, October 18th. Citigroup lifted their price target on Winnebago Industries from $71.00 to $77.00 and gave the company a “buy” rating in a report on Friday, July 12th. Robert W. Baird cut their price target on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a report on Thursday. Truist Financial cut their price target on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Benchmark cut their price target on Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.14.

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.