Winnebago Industries (NYSE:WGO) Posts Earnings Results, Misses Expectations By $0.61 EPS

Winnebago Industries (NYSE:WGO) announced its quarterly earnings data on Wednesday. The construction company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.61), Briefing.com reports. Winnebago Industries had a return on equity of 11.31% and a net margin of 2.84%. The company had revenue of $720.90 million for the quarter, compared to analyst estimates of $718.72 million. During the same period last year, the firm earned $1.59 earnings per share. The firm’s revenue for the quarter was down 6.5% on a year-over-year basis. Winnebago Industries updated its FY25 guidance to $3.00-$4.50 EPS and its FY 2025 guidance to 3.000-4.500 EPS.

Winnebago Industries Stock Up 0.8 %

Shares of Winnebago Industries stock traded up $0.43 during trading on Thursday, reaching $52.21. The stock had a trading volume of 1,190,831 shares, compared to its average volume of 570,693. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 20.17 and a beta of 1.61. The stock has a fifty day moving average price of $57.92 and a two-hundred day moving average price of $58.78. Winnebago Industries has a 52 week low of $49.68 and a 52 week high of $75.42. The company has a current ratio of 2.45, a quick ratio of 1.35 and a debt-to-equity ratio of 0.48.

Winnebago Industries Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th were issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.60%. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, September 11th. Winnebago Industries’s payout ratio is 52.51%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Citigroup lifted their price objective on Winnebago Industries from $71.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. Benchmark reduced their target price on Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday. StockNews.com lowered Winnebago Industries from a “hold” rating to a “sell” rating in a report on Friday, October 18th. BMO Capital Markets reduced their target price on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, Robert W. Baird reduced their target price on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a report on Thursday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $67.14.

About Winnebago Industries

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.