Winnebago Industries Inc. (WGO) Hits New 12-Month High at $23.93
Winnebago Industries Inc. (NYSE:WGO)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $23.93 and last traded at $23.91, with a volume of 49,364 shares. The stock had previously closed at $23.44.
A number of equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Winnebago Industries from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Thursday, June 30th. Sidoti began coverage on shares of Winnebago Industries in a report on Tuesday, May 3rd. They issued a “neutral” rating on the stock. Finally, Robert W. Baird reissued a “neutral” rating and issued a $25.00 price target on shares of Winnebago Industries in a report on Saturday, June 25th. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Winnebago Industries currently has an average rating of “Hold” and an average target price of $25.00.
The stock’s 50 day moving average is $22.98 and its 200 day moving average is $21.10. The firm has a market cap of $645.70 million and a PE ratio of 14.73.
Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Wednesday, June 22nd. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.45 by $0.08. The company earned $272.10 million during the quarter, compared to analyst estimates of $270.46 million. During the same period in the previous year, the company posted $0.43 EPS. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities research analysts forecast that Winnebago Industries Inc. will post $1.65 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 27th. Stockholders of record on Wednesday, July 13th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.67%. The ex-dividend date was Monday, July 11th.
A hedge fund recently raised its stake in Winnebago Industries stock. Bank of Montreal Can increased its stake in shares of Winnebago Industries Inc. (NYSE:WGO) by 10.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 69,091 shares of the company’s stock after buying an additional 6,630 shares during the period. Bank of Montreal Can owned approximately 0.26% of Winnebago Industries worth $1,375,000 as of its most recent filing with the SEC.
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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