Somewhat Positive Media Coverage Somewhat Unlikely to Impact Winnebago Industries (NYSE:WGO) Stock Price
News coverage about Winnebago Industries (NYSE:WGO) has been trending somewhat positive on Sunday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Winnebago Industries earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 45.9879172403179 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
WGO has been the topic of several recent research reports. BidaskClub lowered shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a research report on Thursday. BMO Capital Markets restated a “market perform” rating and issued a $34.00 price target (up previously from $29.00) on shares of Winnebago Industries in a research report on Thursday, June 22nd. CL King initiated coverage on shares of Winnebago Industries in a research report on Monday, April 24th. They issued a “buy” rating and a $32.00 price target on the stock. Finally, Stifel Nicolaus initiated coverage on shares of Winnebago Industries in a research report on Thursday, July 6th. They issued a “buy” rating and a $40.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $34.83.
Winnebago Industries (WGO) opened at 34.85 on Friday. The stock has a market capitalization of $1.10 billion, a PE ratio of 17.41 and a beta of 1.98. Winnebago Industries has a 52-week low of $22.11 and a 52-week high of $39.30. The firm’s 50-day moving average is $35.19 and its 200 day moving average is $30.81.
Winnebago Industries (NYSE:WGO) last posted its earnings results on Wednesday, June 21st. The construction company reported $0.94 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.22. Winnebago Industries had a net margin of 4.39% and a return on equity of 20.01%. The company had revenue of $476.40 million for the quarter, compared to analyst estimates of $440.94 million. During the same period last year, the business posted $0.53 earnings per share. The business’s revenue for the quarter was up 75.1% compared to the same quarter last year. On average, equities analysts forecast that Winnebago Industries will post $2.23 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 26th. Stockholders of record on Wednesday, July 12th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.15%. The ex-dividend date of this dividend was Monday, July 10th. Winnebago Industries’s dividend payout ratio is 20.00%.
Winnebago Industries Company Profile
Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.
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