Winnebago Industries (WGO) to Release Quarterly Earnings on Wednesday

Winnebago Industries (NYSE:WGO) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, June 19th. Analysts expect Winnebago Industries to post earnings of $1.10 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Monday, March 25th. The construction company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.12. The business had revenue of $432.70 million during the quarter, compared to the consensus estimate of $443.05 million. Winnebago Industries had a net margin of 5.24% and a return on equity of 19.11%. The company’s quarterly revenue was down 7.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.69 earnings per share. On average, analysts expect Winnebago Industries to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of NYSE WGO opened at $37.06 on Monday. The stock has a market cap of $1.18 billion, a PE ratio of 11.77, a PEG ratio of 0.49 and a beta of 1.51. Winnebago Industries has a 12 month low of $19.77 and a 12 month high of $47.76. The company has a quick ratio of 0.93, a current ratio of 1.82 and a debt-to-equity ratio of 0.48.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Wednesday, June 19th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, June 18th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.19%. Winnebago Industries’s dividend payout ratio (DPR) is presently 13.97%.

Several equities research analysts recently issued reports on WGO shares. ValuEngine raised shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Friday, April 19th. Northcoast Research started coverage on shares of Winnebago Industries in a research report on Friday. They issued a “buy” rating and a $47.00 target price on the stock. Finally, Zacks Investment Research raised shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Thursday, May 2nd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Winnebago Industries presently has an average rating of “Buy” and a consensus price target of $39.33.

In related news, CFO Bryan L. Hughes bought 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 27th. The shares were acquired at an average cost of $29.58 per share, with a total value of $73,950.00. Following the completion of the transaction, the chief financial officer now owns 19,288 shares of the company’s stock, valued at $570,539.04. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Michael J. Happe bought 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 27th. The stock was bought at an average cost of $29.19 per share, for a total transaction of $102,165.00. Following the completion of the transaction, the chief executive officer now directly owns 56,671 shares of the company’s stock, valued at approximately $1,654,226.49. The disclosure for this purchase can be found here. 3.57% of the stock is currently owned by company insiders.

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Winnebago Industries Company Profile

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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Earnings History for Winnebago Industries (NYSE:WGO)

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