Winnebago Industries (NYSE:WGO) Updates FY25 Earnings Guidance

Winnebago Industries (NYSE:WGO) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $2.75-$3.75 for the period, compared to the consensus earnings per share estimate of $3.18. The company issued revenue guidance of $2.80-$3.00 billion, compared to the consensus revenue estimate of $2.94 billion.

Analyst Ratings Changes

Several equities analysts recently weighed in on WGO shares. Citigroup lowered their target price on Winnebago Industries from $51.00 to $43.00 and set a “buy” rating on the stock in a research report on Wednesday, March 19th. DA Davidson lowered their price objective on Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 24th. Benchmark reissued a “buy” rating and issued a $70.00 target price on shares of Winnebago Industries in a report on Monday, December 23rd. Truist Financial raised their target price on shares of Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. Finally, KeyCorp dropped their price target on shares of Winnebago Industries from $58.00 to $47.00 and set an “overweight” rating for the company in a research report on Thursday, March 20th. Three research analysts have rated the stock with a hold rating and seven 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 $60.00.

Winnebago Industries Trading Up 1.0 %

NYSE WGO opened at $34.73 on Thursday. The firm has a market cap of $986.28 million, a PE ratio of -52.62 and a beta of 1.70. Winnebago Industries has a 52 week low of $33.62 and a 52 week high of $74.10. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average price of $41.93 and a 200 day moving average price of $50.87.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.04). The business had revenue of $620.20 million for the quarter, compared to analysts’ expectations of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The business’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.93 EPS. As a group, sell-side analysts forecast that Winnebago Industries will post 3.41 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date of this dividend is Wednesday, April 16th. Winnebago Industries’s dividend payout ratio (DPR) is presently -206.06%.

Insiders Place Their Bets

In other news, Director Jacqueline D. Woods sold 1,503 shares of the company’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $44.32, for a total value of $66,612.96. Following the sale, the director now directly owns 10,985 shares of the company’s stock, valued at $486,855.20. This represents a 12.04 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 4.63% of the stock is owned by insiders.

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.