Shares of Winnebago Industries, Inc. (NYSE:WGO) have been assigned a consensus recommendation of “Buy” from the ten brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $35.20.

A number of research analysts recently commented on WGO shares. BMO Capital Markets restated a “market perform” rating and issued a $34.00 target price (up from $29.00) on shares of Winnebago Industries in a research note on Thursday, June 22nd. BidaskClub upgraded Winnebago Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 1st. Stifel Nicolaus started coverage on Winnebago Industries in a research note on Thursday, July 6th. They issued a “buy” rating and a $40.00 target price for the company. Zacks Investment Research lowered Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, August 30th. Finally, ValuEngine upgraded Winnebago Industries from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st.

A number of institutional investors have recently added to or reduced their stakes in WGO. Teachers Advisors LLC raised its stake in Winnebago Industries by 3.6% during the fourth quarter. Teachers Advisors LLC now owns 43,376 shares of the construction company’s stock worth $1,373,000 after acquiring an additional 1,511 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in Winnebago Industries by 1.9% during the first quarter. Louisiana State Employees Retirement System now owns 10,800 shares of the construction company’s stock worth $316,000 after acquiring an additional 200 shares in the last quarter. Wells Fargo & Company MN raised its stake in Winnebago Industries by 160.8% during the first quarter. Wells Fargo & Company MN now owns 62,689 shares of the construction company’s stock worth $1,833,000 after acquiring an additional 38,654 shares in the last quarter. Great West Life Assurance Co. Can raised its stake in Winnebago Industries by 8.1% during the first quarter. Great West Life Assurance Co. Can now owns 38,792 shares of the construction company’s stock worth $1,133,000 after acquiring an additional 2,907 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Winnebago Industries by 26.8% during the first quarter. Bank of New York Mellon Corp now owns 628,231 shares of the construction company’s stock worth $18,378,000 after acquiring an additional 132,802 shares in the last quarter. Hedge funds and other institutional investors own 84.65% of the company’s stock.

Winnebago Industries (WGO) traded up 3.16% during mid-day trading on Friday, reaching $42.40. 849,650 shares of the company’s stock traded hands. The stock has a market capitalization of $1.34 billion, a PE ratio of 21.18 and a beta of 1.97. Winnebago Industries has a 12 month low of $22.28 and a 12 month high of $42.55. The firm’s 50-day moving average price is $36.15 and its 200 day moving average price is $31.42.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings data on Wednesday, June 21st. The construction company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.22. Winnebago Industries had a return on equity of 20.01% and a net margin of 4.39%. The company had revenue of $476.40 million during the quarter, compared to analysts’ expectations of $440.94 million. During the same period in the prior year, the business earned $0.53 earnings per share. Winnebago Industries’s revenue for the quarter was up 75.1% compared to the same quarter last year. Equities research analysts predict that Winnebago Industries will post $2.23 EPS for the current year.

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About Winnebago Industries

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.

Analyst Recommendations for Winnebago Industries (NYSE:WGO)

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