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.
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%.
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.
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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.
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