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

Winnebago Industries (NYSE:WGO) issued its quarterly earnings data on Wednesday. The construction company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.61), Briefing.com reports. The business had revenue of $720.90 million for the quarter, compared to analyst estimates of $718.72 million. Winnebago Industries had a return on equity of 11.31% and a net margin of 2.84%. The firm’s revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.59 earnings per share. 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 %

Winnebago Industries stock opened at $52.21 on Friday. The company has a market capitalization of $1.51 billion, a P/E ratio of 20.16 and a beta of 1.61. The firm’s fifty day simple moving average is $57.81 and its 200-day simple moving average is $58.73. Winnebago Industries has a 1-year low of $49.68 and a 1-year 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 business also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th were issued a dividend of $0.34 per share. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a dividend yield of 2.60%. The ex-dividend date was Wednesday, September 11th. Winnebago Industries’s payout ratio is currently 52.51%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on WGO. BMO Capital Markets decreased their target price on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Thursday. Benchmark decreased their price objective on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday. Robert W. Baird lowered 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. Truist Financial lowered their price objective on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research report on Thursday. Finally, StockNews.com downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Friday, October 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Winnebago Industries has a consensus 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.