Winnebago Industries (NYSE:WGO) Issues Quarterly Earnings Results, Misses Expectations By $0.23 EPS

Winnebago Industries (NYSE:WGO) released its quarterly earnings results on Friday. The construction company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.23), RTT News reports. Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The business had revenue of $625.60 million during the quarter, compared to the consensus estimate of $672.23 million. During the same quarter in the previous year, the business posted $1.06 earnings per share. The firm’s revenue was down 18.0% on a year-over-year basis. Winnebago Industries updated its FY 2025 guidance to 3.100-4.400 EPS and its FY25 guidance to $3.10-$4.40 EPS.

Winnebago Industries Trading Up 0.4 %

Shares of NYSE WGO opened at $51.93 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 2.44. The business’s 50 day moving average price is $57.85 and its 200-day moving average price is $57.38. Winnebago Industries has a fifty-two week low of $49.68 and a fifty-two week high of $74.70. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 173.11 and a beta of 1.60.

Winnebago Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Wednesday, January 15th will be issued a dividend of $0.34 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.36 annualized dividend and a yield of 2.62%. Winnebago Industries’s payout ratio is 453.33%.

Wall Street Analyst Weigh In

A number of brokerages have commented on WGO. BMO Capital Markets reduced their price target on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. StockNews.com cut Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Robert W. Baird reduced their price target on shares of Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. Benchmark decreased their price target on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Tuesday, October 22nd. Finally, Northcoast Research upgraded shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price target on the stock in a research report on Monday, November 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.13.

Insider Transactions at Winnebago Industries

In other news, Director William C. Fisher purchased 2,000 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were purchased at an average price of $54.81 per share, for a total transaction of $109,620.00. Following the completion of the purchase, the director now owns 32,267 shares in the company, valued at approximately $1,768,554.27. This represents a 6.61 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Bret A. Woodson sold 12,187 shares of the company’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $56.64, for a total transaction of $690,271.68. Following the completion of the sale, the senior vice president now directly owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. This trade represents a 33.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 4.63% of the company’s stock.

About Winnebago Industries

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.