Winnebago Industries Inc. (NYSE:WGO) – Research analysts at Gabelli issued their FY2020 earnings per share estimates for shares of Winnebago Industries in a note issued to investors on Tuesday. Gabelli analyst M. Paige expects that the brokerage will earn $2.20 per share for the year.
Several other analysts have also recently weighed in on WGO. Zacks Investment Research cut shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, June 14th. Robert W. Baird reiterated a “neutral” rating and issued a $25.00 price objective on shares of Winnebago Industries in a research note on Saturday, June 25th. Finally, BMO Capital Markets lifted their price objective on shares of Winnebago Industries from $27.00 to $33.00 and gave the stock an “outperform” rating in a research note on Tuesday. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $29.33.
Shares of Winnebago Industries (NYSE:WGO) traded up 1.345% on Wednesday, reaching $29.015. 349,800 shares of the company traded hands. The stock has a market cap of $780.30 million, a price-to-earnings ratio of 17.801 and a beta of 2.11. Winnebago Industries has a 52-week low of $15.41 and a 52-week high of $30.60. The stock has a 50 day moving average of $23.75 and a 200 day moving average of $22.45.
A number of institutional investors have recently added to or reduced their stakes in the stock. Mason Street Advisors LLC bought a new stake in shares of Winnebago Industries during the second quarter valued at about $120,000. Hussman Strategic Advisors Inc. bought a new stake in shares of Winnebago Industries during the second quarter valued at about $142,000. Legal & General Group Plc raised its stake in shares of Winnebago Industries by 12.8% in the first quarter. Legal & General Group Plc now owns 7,582 shares of the company’s stock valued at $171,000 after buying an additional 862 shares during the period. Acrospire Investment Management LLC raised its stake in shares of Winnebago Industries by 273.9% in the second quarter. Acrospire Investment Management LLC now owns 8,737 shares of the company’s stock valued at $200,000 after buying an additional 6,400 shares during the period. Finally, BNP Paribas Arbitrage SA raised its stake in shares of Winnebago Industries by 89.6% in the second quarter. BNP Paribas Arbitrage SA now owns 8,769 shares of the company’s stock valued at $201,000 after buying an additional 4,144 shares during the period. 91.48% of the stock is currently owned by hedge funds and other institutional investors.
About Winnebago Industries
Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company sells its products through independent dealers, primarily throughout the United States and Canada. It sells motor homes through independent dealers under the Winnebago, Itasca and Era brands names.
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