StockNews.com Downgrades Winnebago Industries (NYSE:WGO) to Sell

2025-04-26T06:02:52Z

Winnebago Industries (NYSE:WGO – Get Free Report) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Thursday. Other equities research analysts have also issued research reports about the compa…

Winnebago Industries (NYSE:WGO – Get Free Report) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Thursday.

Other equities research analysts have also issued research reports about the company. DA Davidson upgraded Winnebago Industries to a “hold” rating in a research note on Monday, April 14th. Baird R W downgraded shares of Winnebago Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. Robert W. Baird downgraded Winnebago Industries from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $50.00 to $38.00 in a research report on Friday, April 4th. Benchmark lowered their target price on shares of Winnebago Industries from $70.00 to $60.00 and set a “buy” rating for the company in a report on Tuesday, April 1st. Finally, Truist Financial dropped their price objective on Winnebago Industries from $50.00 to $38.00 and set a “buy” rating for the company in a report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Winnebago Industries has a consensus rating of “Hold” and an average target price of $51.89.

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Winnebago Industries Stock Down 0.4 %

WGO opened at $32.72 on Thursday. The firm has a 50 day moving average price of $35.06 and a 200-day moving average price of $46.81. The stock has a market capitalization of $916.98 million, a price-to-earnings ratio of -49.58 and a beta of 1.49. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51. Winnebago Industries has a twelve month low of $28.29 and a twelve month high of $66.05.

Winnebago Industries (NYSE:WGO – Get Free Report) last announced its earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. The company had revenue of $620.20 million during the quarter, compared to analyst estimates of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The firm’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.93 earnings per share. Equities research analysts forecast that Winnebago Industries will post 3.41 earnings per share for the current year.

Insider Buying and Selling at Winnebago Industries

In other news, Director Kevin E. Bryant purchased 4,200 shares of the stock in a transaction on Monday, March 31st. The stock was bought at an average price of $34.12 per share, with a total value of $143,304.00. Following the transaction, the director now owns 13,755 shares in the company, valued at $469,320.60. The trade was a 43.96 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jacqueline D. Woods sold 1,503 shares of the firm’s stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the completion of the transaction, the director now owns 10,985 shares of the company’s stock, valued at approximately $486,855.20. The trade was a 12.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.63% of the stock is owned by insiders.

Institutional Trading of Winnebago Industries

Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in shares of Winnebago Industries by 25.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock valued at $49,714,000 after buying an additional 173,274 shares during the last quarter. Inspire Investing LLC purchased a new position in shares of Winnebago Industries in the fourth quarter valued at approximately $399,000. Prescott Group Capital Management L.L.C. purchased a new position in Winnebago Industries in the 4th quarter valued at $1,433,000. Proficio Capital Partners LLC acquired a new position in Winnebago Industries during the fourth quarter worth about $632,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Winnebago Industries by 8.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 625,548 shares of the construction company’s stock worth $29,889,000 after purchasing an additional 50,634 shares during the last quarter.

About Winnebago Industries

(Get Free Report)

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.