Winnebago Industries (NYSE:WGO) Announces Quarterly Earnings Results, Misses Expectations By $0.61 EPS

Winnebago Industries (NYSE:WGO) announced its quarterly earnings results on Wednesday. The construction company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.61), Briefing.com reports. The business had revenue of $720.90 million for the quarter, compared to analyst estimates of $718.72 million. Winnebago Industries had a return on equity of 11.31% and a net margin of 2.84%. Winnebago Industries’s quarterly revenue was down 6.5% compared to the same quarter last year. 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 Price Performance

Shares of NYSE:WGO traded up $0.43 during trading on Thursday, reaching $52.21. 1,190,831 shares of the company traded hands, compared to its average volume of 570,693. The company’s 50 day moving average is $57.92 and its two-hundred day moving average is $58.78. The firm has a market capitalization of $1.51 billion, a PE ratio of 20.17 and a beta of 1.61. 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 has a 52 week low of $49.68 and a 52 week high of $75.42.

Winnebago Industries Increases Dividend

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

Wall Street Analyst Weigh In

WGO has been the topic of a number of recent analyst reports. Robert W. Baird lowered their price target on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a research report on Thursday. BMO Capital Markets decreased their price objective on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a report on Thursday. StockNews.com lowered Winnebago Industries from a “hold” rating to a “sell” rating in a report on Friday, October 18th. Benchmark decreased their price objective on Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, Truist Financial decreased their price objective on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating on the stock in a report on Thursday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.14.

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.