Winnebago Industries Inc. (WGO) Sees Unusually-High Trading Volume
Winnebago Industries Inc. (NYSE:WGO) saw unusually-high trading volume on Thursday . Approximately 101,511 shares changed hands during trading, a decline of 3% from the previous session’s volume of 104,790 shares.The stock last traded at $24.24 and had previously closed at $24.07.
WGO has been the subject of a number of analyst reports. Zacks Investment Research lowered Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, June 14th. Robert W. Baird restated a “neutral” rating and set a $25.00 target price on shares of Winnebago Industries in a report on Saturday, June 25th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $25.00.
The company’s 50 day moving average is $23.45 and its 200 day moving average is $21.78. The firm has a market capitalization of $644.09 million and a PE ratio of 14.69.
Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Wednesday, June 22nd. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.08. The firm had revenue of $272.10 million for the quarter, compared to analysts’ expectations of $270.46 million. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.43 EPS. Equities research analysts expect that Winnebago Industries Inc. will post $1.65 earnings per share for the current year.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.