Winnebago Industries Inc. (NYSE:WGO) – Investment analysts at Northcoast Research dropped their Q1 2017 earnings per share (EPS) estimates for shares of Winnebago Industries in a report released on Friday. Northcoast Research analyst S. Woolf now anticipates that the firm will post earnings per share of $0.35 for the quarter, down from their previous estimate of $0.40. Northcoast Research also issued estimates for Winnebago Industries’ Q2 2017 earnings at $0.41 EPS, Q3 2017 earnings at $0.63 EPS, Q4 2017 earnings at $0.51 EPS, FY2017 earnings at $1.90 EPS, Q1 2018 earnings at $0.39 EPS, Q2 2018 earnings at $0.44 EPS, Q3 2018 earnings at $0.74 EPS, Q4 2018 earnings at $0.58 EPS and FY2018 earnings at $2.15 EPS.
Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Thursday, October 13th. The company reported $0.49 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.49. Winnebago Industries had a return on equity of 17.86% and a net margin of 4.67%. The firm had revenue of $263.30 million for the quarter, compared to analyst estimates of $252.52 million. During the same period in the previous year, the firm earned $0.43 earnings per share. The company’s revenue was up 4.9% compared to the same quarter last year.
Several other brokerages have also commented on WGO. BMO Capital Markets increased their price objective on Winnebago Industries from $27.00 to $33.00 and gave the company an “outperform” rating in a research report on Tuesday, October 4th. Robert W. Baird upgraded Winnebago Industries from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $25.00 to $30.00 in a research report on Monday, October 3rd. Finally, Zacks Investment Research lowered Winnebago Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, August 10th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $29.33.
Winnebago Industries (NYSE:WGO) opened at 28.19 on Monday. The firm has a market capitalization of $758.11 million, a price-to-earnings ratio of 17.29 and a beta of 2.11. The firm has a 50-day moving average price of $24.88 and a 200 day moving average price of $22.87. Winnebago Industries has a 52 week low of $15.41 and a 52 week high of $30.60.
A number of large investors have recently added to or reduced their stakes in WGO. Mason Street Advisors LLC acquired a new stake in Winnebago Industries during the second quarter valued at $120,000. Schwab Charles Investment Management Inc. boosted its stake in Winnebago Industries by 1.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 103,725 shares of the company’s stock valued at $2,378,000 after buying an additional 1,920 shares during the period. Fiera Capital Corp boosted its stake in Winnebago Industries by 1.2% in the second quarter. Fiera Capital Corp now owns 103,600 shares of the company’s stock valued at $2,375,000 after buying an additional 1,200 shares during the period. Numeric Investors LLC boosted its stake in Winnebago Industries by 135.4% in the second quarter. Numeric Investors LLC now owns 340,144 shares of the company’s stock valued at $7,796,000 after buying an additional 195,644 shares during the period. Finally, Arizona State Retirement System boosted its stake in Winnebago Industries by 1.4% in the second quarter. Arizona State Retirement System now owns 13,999 shares of the company’s stock valued at $321,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 91.47% of the company’s stock.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 23rd. Shareholders of record on Wednesday, November 9th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Monday, November 7th. Winnebago Industries’s dividend payout ratio (DPR) is currently 23.67%.
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 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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