Winnebago Industries (WGO) Issues Earnings Results

Winnebago Industries (NYSE:WGO) posted its earnings results on Wednesday. The construction company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.03), Briefing.com reports. Winnebago Industries had a return on equity of 21.72% and a net margin of 4.56%. The company had revenue of $468.40 million during the quarter, compared to the consensus estimate of $445.88 million. During the same period last year, the firm posted $0.48 EPS. The company’s revenue for the quarter was up 26.4% on a year-over-year basis.

Shares of Winnebago Industries (NYSE WGO) traded down $1.60 during trading on Friday, hitting $36.80. 1,747,155 shares of the stock traded hands, compared to its average volume of 891,354. The stock has a market cap of $1,323.23, a PE ratio of 13.83 and a beta of 1.77. Winnebago Industries has a 1-year low of $24.15 and a 1-year high of $58.65. The company has a quick ratio of 1.03, a current ratio of 1.91 and a debt-to-equity ratio of 0.57.

How to Become a New Pot Stock Millionaire

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 25th. Stockholders of record on Wednesday, April 11th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend is Tuesday, April 10th. Winnebago Industries’s dividend payout ratio is presently 15.04%.

A number of equities research analysts have commented on the stock. Zacks Investment Research downgraded shares of Winnebago Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday. SunTrust Banks raised shares of Winnebago Industries from a “hold” rating to a “buy” rating in a research report on Friday, March 16th. Stifel Nicolaus set a $50.00 target price on shares of Winnebago Industries and gave the stock a “hold” rating in a research report on Friday, February 9th. BMO Capital Markets raised shares of Winnebago Industries from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $58.00 to $60.00 in a research report on Tuesday, February 27th. Finally, Northcoast Research reaffirmed a “hold” rating on shares of Winnebago Industries in a research report on Tuesday, February 27th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $50.83.

Several institutional investors have recently modified their holdings of the company. Louisiana State Employees Retirement System boosted its stake in shares of Winnebago Industries by 7.8% during the 4th quarter. Louisiana State Employees Retirement System now owns 12,500 shares of the construction company’s stock worth $695,000 after acquiring an additional 900 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Winnebago Industries by 13.3% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 10,558 shares of the construction company’s stock worth $472,000 after acquiring an additional 1,239 shares during the last quarter. Glenmede Trust Co. NA boosted its stake in shares of Winnebago Industries by 57.6% during the 4th quarter. Glenmede Trust Co. NA now owns 3,941 shares of the construction company’s stock worth $218,000 after acquiring an additional 1,440 shares during the last quarter. American International Group Inc. boosted its stake in shares of Winnebago Industries by 7.2% during the 3rd quarter. American International Group Inc. now owns 24,619 shares of the construction company’s stock worth $1,102,000 after acquiring an additional 1,661 shares during the last quarter. Finally, Swiss National Bank boosted its stake in shares of Winnebago Industries by 3.7% during the 4th quarter. Swiss National Bank now owns 50,600 shares of the construction company’s stock worth $2,813,000 after acquiring an additional 1,800 shares during the last quarter. Institutional investors and hedge funds own 84.22% of the company’s stock.

WARNING: This story was originally reported by Ticker Report and is owned by of Ticker Report. If you are viewing this story on another website, it was stolen and republished in violation of United States & international copyright and trademark law. The legal version of this story can be read at https://www.tickerreport.com/banking-finance/3294380/winnebago-industries-wgo-issues-earnings-results.html.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.

Earnings History for Winnebago Industries (NYSE:WGO)

Receive News & Ratings for Winnebago Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Winnebago Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Analyzing Fred’s  & Walmart
Analyzing Fred’s & Walmart
$1.24 EPS Expected for Oxford Industries  This Quarter
$1.24 EPS Expected for Oxford Industries This Quarter
$0.14 EPS Expected for CEVA, Inc.  This Quarter
$0.14 EPS Expected for CEVA, Inc. This Quarter
BlockCAT Hits Market Cap of $6.15 Million
BlockCAT Hits Market Cap of $6.15 Million
GuccioneCoin Achieves Market Cap of $113,211.00
GuccioneCoin Achieves Market Cap of $113,211.00
Wings  Price Tops $0.57 on Exchanges
Wings Price Tops $0.57 on Exchanges


© 2006-2018 Ticker Report. Google+.