Winnebago Industries (NYSE:WGO) Price Target Raised to $30.00 at Citigroup

Winnebago Industries (NYSE:WGO) had its target price raised by Citigroup from $29.00 to $30.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the RV manufacturer’s stock. Citigroup’s target price would suggest a potential downside of 3.44% from the stock’s current price.

A number of other equities research analysts have also weighed in on WGO. Griffin Securities set a $35.00 price target on shares of Winnebago Industries in a report on Monday, June 15th. DA Davidson reiterated a “neutral” rating and issued a $35.00 price objective on shares of Winnebago Industries in a report on Monday, June 15th. Robert W. Baird decreased their price objective on shares of Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating for the company in a research report on Thursday, March 26th. KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a research report on Friday. Finally, Truist Financial cut their price target on Winnebago Industries from $47.00 to $43.00 and set a “buy” rating on the stock in a research note on Thursday, April 9th. Three investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Winnebago Industries currently has an average rating of “Hold” and a consensus price target of $37.22.

Winnebago Industries Trading Down 0.9%

Shares of WGO stock traded down $0.28 during mid-day trading on Monday, reaching $31.07. The company’s stock had a trading volume of 188,392 shares, compared to its average volume of 674,091. The company’s 50 day simple moving average is $30.10 and its 200-day simple moving average is $36.82. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. Winnebago Industries has a 12-month low of $26.80 and a 12-month high of $50.16. The firm has a market capitalization of $878.35 million, a PE ratio of 22.78 and a beta of 1.12.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Thursday, June 25th. The RV manufacturer reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.10). The company had revenue of $698.70 million for the quarter, compared to analyst estimates of $755.67 million. Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The company’s revenue for the quarter was down 9.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.81 EPS. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, research analysts predict that Winnebago Industries will post 1.83 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. UBS Group AG increased its holdings in shares of Winnebago Industries by 224.7% in the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock valued at $54,870,000 after acquiring an additional 937,140 shares during the last quarter. Pzena Investment Management LLC bought a new position in Winnebago Industries during the fourth quarter worth $37,642,000. Deprince Race & Zollo Inc. lifted its stake in Winnebago Industries by 300.6% during the first quarter. Deprince Race & Zollo Inc. now owns 573,448 shares of the RV manufacturer’s stock worth $17,771,000 after purchasing an additional 430,300 shares during the last quarter. Maple Rock Capital Partners Inc. boosted its holdings in Winnebago Industries by 111.2% in the third quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock worth $22,746,000 after purchasing an additional 358,100 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC bought a new stake in Winnebago Industries during the third quarter valued at $9,785,000.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.