Winnebago Industries Inc. (NYSE:WGO) is set to release its Q416 earnings data on Thursday, October 13th. Analysts expect Winnebago Industries to post earnings of $0.45 per share and revenue of $249.16 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Shares of Winnebago Industries Inc. (NYSE:WGO) opened at 27.89 on Wednesday. Winnebago Industries Inc. has a one year low of $15.41 and a one year high of $30.60. The firm has a 50-day moving average of $24.42 and a 200 day moving average of $22.71. The company has a market cap of $750.05 million, a price-to-earnings ratio of 17.11 and a beta of 2.11.
Several institutional investors have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. boosted its position in Winnebago Industries by 118.2% in the second quarter. Alliancebernstein L.P. now owns 104,486 shares of the company’s stock valued at $2,395,000 after buying an additional 56,610 shares in the last quarter. Gendell Jeffrey L boosted its position in Winnebago Industries by 21.9% in the second quarter. Gendell Jeffrey L now owns 309,114 shares of the company’s stock worth $7,085,000 after buying an additional 55,589 shares during the period. BlackRock Fund Advisors boosted its position in Winnebago Industries by 2.9% in the second quarter. BlackRock Fund Advisors now owns 1,781,173 shares of the company’s stock worth $40,824,000 after buying an additional 49,703 shares during the period. KCG Holdings Inc. bought a new position in Winnebago Industries during the second quarter worth approximately $830,000. Finally, Trexquant Investment LP bought a new position in Winnebago Industries during the second quarter worth approximately $786,000. 91.48% of the stock is owned by institutional investors and hedge funds.
WGO has been the subject of several research reports. Zacks Investment Research raised shares of Winnebago Industries from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research note on Thursday, June 30th. Robert W. Baird reissued a “neutral” rating and issued a $25.00 target price on shares of Winnebago Industries in a research note on Saturday, June 25th. Finally, BMO Capital Markets raised their target price on shares of Winnebago Industries from $27.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday, October 4th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Winnebago Industries currently has an average rating of “Hold” and an average price target of $29.33.
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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