FY2017 EPS Estimates for Winnebago Industries Inc. (WGO) Boosted by Griffin Securities
Winnebago Industries Inc. (NYSE:WGO) – Equities research analysts at Griffin Securities increased their FY2017 earnings per share estimates for shares of Winnebago Industries in a report released on Wednesday. Griffin Securities analyst M. Ajzenman now anticipates that the firm will earn $2.41 per share for the year, up from their prior estimate of $1.85.
A number of other equities research analysts have also commented on the company. BMO Capital Markets raised their price target on Winnebago Industries from $27.00 to $33.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 4th. Robert W. Baird raised Winnebago Industries from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $25.00 to $30.00 in a research report on Monday, October 3rd. Finally, Zacks Investment Research lowered Winnebago Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, August 10th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $29.33.
Shares of Winnebago Industries (NYSE:WGO) traded down 0.25% during midday trading on Monday, reaching $27.82. The company’s stock had a trading volume of 203,804 shares. Winnebago Industries has a 12 month low of $15.41 and a 12 month high of $30.60. The firm has a market cap of $748.16 million, a price-to-earnings ratio of 17.07 and a beta of 2.11. The company has a 50-day moving average price of $24.42 and a 200-day moving average price of $22.71.
A number of large investors have recently made changes to their positions in WGO. BNP Paribas Arbitrage SA raised its stake in shares of Winnebago Industries by 89.6% in the second quarter. BNP Paribas Arbitrage SA now owns 8,769 shares of the company’s stock worth $201,000 after buying an additional 4,144 shares in the last quarter. Prudential Financial Inc. raised its stake in shares of Winnebago Industries by 30.9% in the first quarter. Prudential Financial Inc. now owns 82,193 shares of the company’s stock worth $1,845,000 after buying an additional 19,409 shares in the last quarter. HL Financial Services LLC raised its stake in shares of Winnebago Industries by 11.3% in the second quarter. HL Financial Services LLC now owns 89,051 shares of the company’s stock worth $2,041,000 after buying an additional 9,032 shares in the last quarter. Boston Partners raised its stake in shares of Winnebago Industries by 2.4% in the second quarter. Boston Partners now owns 225,483 shares of the company’s stock worth $5,168,000 after buying an additional 5,212 shares in the last quarter. Finally, GSA Capital Partners LLP raised its stake in shares of Winnebago Industries by 217.4% in the second quarter. GSA Capital Partners LLP now owns 40,586 shares of the company’s stock worth $930,000 after buying an additional 27,800 shares in the last quarter. 91.48% of the stock is currently owned by institutional investors and hedge funds.
About Winnebago Industries
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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