Winnebago Industries (NYSE:WGO) Posts Quarterly Earnings Results, Misses Estimates By $0.23 EPS

Winnebago Industries (NYSE:WGO) posted its earnings results on Friday. The construction company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.23), RTT News reports. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The firm had revenue of $625.60 million during the quarter, compared to analyst estimates of $672.23 million. During the same quarter in the prior year, the firm earned $1.06 earnings per share. The business’s revenue for the quarter was down 18.0% on a year-over-year basis. Winnebago Industries updated its FY 2025 guidance to 3.100-4.400 EPS and its FY25 guidance to $3.10-$4.40 EPS.

Winnebago Industries Stock Performance

WGO opened at $49.98 on Friday. The firm has a market capitalization of $1.45 billion, a PE ratio of 166.61 and a beta of 1.60. The company has a current ratio of 2.44, a quick ratio of 1.36 and a debt-to-equity ratio of 0.50. Winnebago Industries has a twelve month low of $49.68 and a twelve month high of $74.61. The firm’s 50-day moving average price is $57.85 and its 200 day moving average price is $57.38.

Winnebago Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 2.72%. The ex-dividend date of this dividend is Wednesday, January 15th. Winnebago Industries’s dividend payout ratio is currently 453.33%.

Insiders Place Their Bets

In other news, SVP Bret A. Woodson sold 12,187 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $56.64, for a total value of $690,271.68. Following the completion of the sale, the senior vice president now owns 23,728 shares of the company’s stock, valued at $1,343,953.92. This represents a 33.93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director William C. Fisher purchased 2,000 shares of Winnebago Industries stock in a transaction dated Monday, October 28th. The shares were purchased at an average cost of $54.81 per share, for a total transaction of $109,620.00. Following the transaction, the director now owns 32,267 shares in the company, valued at approximately $1,768,554.27. This trade represents a 6.61 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 4.63% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Robert W. Baird cut their price objective on shares of Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. Truist Financial reduced their target price on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Northcoast Research raised shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a report on Monday, November 11th. Benchmark decreased their price objective on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, October 22nd. Finally, StockNews.com cut shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $68.13.

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.