Winnebago Industries, Inc. (NYSE:WGO) CFO Bryan L. Hughes acquired 2,500 shares of Winnebago Industries stock in a transaction on Wednesday, March 27th. The shares were bought at an average price of $29.58 per share, with a total value of $73,950.00. Following the purchase, the chief financial officer now directly owns 19,288 shares in the company, valued at approximately $570,539.04. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.
NYSE:WGO traded up $0.50 during trading hours on Friday, hitting $36.85. The company’s stock had a trading volume of 434,021 shares, compared to its average volume of 601,153. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.82 and a quick ratio of 0.93. Winnebago Industries, Inc. has a 52-week low of $19.77 and a 52-week high of $47.76. The firm has a market capitalization of $1.17 billion, a PE ratio of 11.70, a price-to-earnings-growth ratio of 0.48 and a beta of 1.48.
Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Monday, March 25th. The construction company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.12. Winnebago Industries had a net margin of 5.24% and a return on equity of 19.11%. The company had revenue of $432.70 million during the quarter, compared to the consensus estimate of $443.05 million. During the same quarter in the prior year, the firm posted $0.69 earnings per share. Winnebago Industries’s revenue for the quarter was down 7.6% on a year-over-year basis. As a group, equities analysts anticipate that Winnebago Industries, Inc. will post 3.53 EPS for the current year.
A number of research firms have commented on WGO. BMO Capital Markets decreased their price target on Winnebago Industries to $42.00 and set an “outperform” rating on the stock in a research note on Monday, February 4th. Zacks Investment Research upgraded Winnebago Industries from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research note on Saturday, February 9th. TheStreet raised Winnebago Industries from a “c+” rating to a “b-” rating in a research report on Monday, February 11th. ValuEngine raised Winnebago Industries from a “strong sell” rating to a “sell” rating in a research report on Saturday, February 23rd. Finally, Jefferies Financial Group assumed coverage on Winnebago Industries in a research report on Thursday, March 28th. They set a “hold” rating and a $31.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $38.83.
Several institutional investors and hedge funds have recently made changes to their positions in the company. LSV Asset Management lifted its position in Winnebago Industries by 0.8% in the fourth quarter. LSV Asset Management now owns 1,642,100 shares of the construction company’s stock valued at $39,755,000 after purchasing an additional 12,400 shares during the period. Virginia Retirement Systems ET AL lifted its position in Winnebago Industries by 11.4% in the fourth quarter. Virginia Retirement Systems ET AL now owns 45,900 shares of the construction company’s stock valued at $1,111,000 after purchasing an additional 4,700 shares during the period. IndexIQ Advisors LLC lifted its position in Winnebago Industries by 3.9% in the third quarter. IndexIQ Advisors LLC now owns 60,459 shares of the construction company’s stock valued at $2,004,000 after purchasing an additional 2,283 shares during the period. Morgan Stanley lifted its position in Winnebago Industries by 61.2% in the third quarter. Morgan Stanley now owns 226,605 shares of the construction company’s stock valued at $7,511,000 after purchasing an additional 86,002 shares during the period. Finally, Renaissance Technologies LLC acquired a new stake in Winnebago Industries in the third quarter valued at about $2,930,000. Institutional investors and hedge funds own 92.60% 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 in five segments: Winnebago Motorhomes, Winnebago Towables, Grand Design Towables, Winnebago Specialty Vehicles, and Chris-Craft Marine.
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