Wall Street analysts expect Winnebago Industries, Inc. (NYSE:WGO) to report sales of $514.36 million for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for Winnebago Industries’ earnings. The highest sales estimate is $527.15 million and the lowest is $490.40 million. Winnebago Industries reported sales of $454.94 million in the same quarter last year, which indicates a positive year over year growth rate of 13.1%. The company is expected to issue its next earnings results on Thursday, October 18th.
On average, analysts expect that Winnebago Industries will report full year sales of $1.99 billion for the current year, with estimates ranging from $1.97 billion to $2.00 billion. For the next fiscal year, analysts expect that the firm will post sales of $2.19 billion per share, with estimates ranging from $2.09 billion to $2.32 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow Winnebago Industries.
Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Wednesday, June 20th. The construction company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.11. The business had revenue of $562.30 million during the quarter, compared to analyst estimates of $540.59 million. Winnebago Industries had a net margin of 5.04% and a return on equity of 21.25%. The firm’s revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.61 earnings per share.
Shares of Winnebago Industries traded down $0.70, reaching $38.75, during mid-day trading on Friday, according to Marketbeat Ratings. The company had a trading volume of 329,343 shares, compared to its average volume of 420,504. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 11.57 and a beta of 1.73. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.96 and a quick ratio of 1.03. Winnebago Industries has a 12-month low of $33.15 and a 12-month high of $58.65.
A number of hedge funds have recently made changes to their positions in WGO. Guggenheim Capital LLC grew its holdings in Winnebago Industries by 11.1% during the fourth quarter. Guggenheim Capital LLC now owns 51,530 shares of the construction company’s stock valued at $2,866,000 after purchasing an additional 5,162 shares during the last quarter. LPL Financial LLC grew its holdings in Winnebago Industries by 38.5% during the fourth quarter. LPL Financial LLC now owns 8,904 shares of the construction company’s stock valued at $495,000 after purchasing an additional 2,475 shares during the last quarter. MetLife Investment Advisors LLC acquired a new position in Winnebago Industries during the fourth quarter valued at approximately $832,000. NJ State Employees Deferred Compensation Plan grew its holdings in Winnebago Industries by 56.3% during the first quarter. NJ State Employees Deferred Compensation Plan now owns 25,000 shares of the construction company’s stock valued at $940,000 after purchasing an additional 9,000 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Winnebago Industries by 112.5% in the first quarter. Wells Fargo & Company MN now owns 195,399 shares of the construction company’s stock worth $7,348,000 after acquiring an additional 103,467 shares during the last quarter. Institutional investors own 87.97% of the company’s stock.
Winnebago Industries Company Profile
Winnebago Industries, Inc manufactures and sells recreation vehicles primarily for use in leisure travel and outdoor recreation activities. It operates through two segments, Motorized and Towable. The company manufactures motorhomes, which are self-propelled mobile dwellings used primarily as temporary living quarters during vacation and camping trips, or to support various other lifestyles under the Winnebago brand.
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