Winnebago Industries, Inc. (NYSE:WGO) Director David W. Miles bought 2,000 shares of the stock in a transaction on Tuesday, April 11th. The stock was purchased at an average cost of $25.65 per share, with a total value of $51,300.00. Following the purchase, the director now directly owns 3,600 shares of the company’s stock, valued at approximately $92,340. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Winnebago Industries, Inc. (NYSE:WGO) traded down 0.39% during midday trading on Thursday, hitting $25.45. 330,639 shares of the stock traded hands. The stock has a market capitalization of $803.86 million, a P/E ratio of 13.22 and a beta of 1.95. The firm has a 50-day moving average price of $30.14 and a 200-day moving average price of $30.94. Winnebago Industries, Inc. has a 52 week low of $20.19 and a 52 week high of $39.30.
Winnebago Industries (NYSE:WGO) last posted its earnings results on Wednesday, March 22nd. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. Winnebago Industries had a net margin of 4.84% and a return on equity of 18.27%. The business had revenue of $370.50 million for the quarter, compared to the consensus estimate of $345.19 million. During the same period last year, the company earned $0.35 EPS. The firm’s revenue was up 64.2% compared to the same quarter last year. On average, equities analysts predict that Winnebago Industries, Inc. will post $2.21 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 26th. Investors of record on Wednesday, April 12th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, April 10th. This represents a $0.40 annualized dividend and a yield of 1.57%. Winnebago Industries’s dividend payout ratio is presently 22.35%.
A number of large investors have recently bought and sold shares of the company. Victory Capital Management Inc. acquired a new stake in Winnebago Industries during the third quarter valued at approximately $100,000. O Shaughnessy Asset Management LLC acquired a new stake in Winnebago Industries during the fourth quarter valued at approximately $112,000. Municipal Employees Retirement System of Michigan increased its stake in Winnebago Industries by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,970 shares of the company’s stock valued at $141,000 after buying an additional 100 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in Winnebago Industries by 176.4% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,698 shares of the company’s stock valued at $149,000 after buying an additional 2,998 shares in the last quarter. Finally, USA Financial Portformulas Corp acquired a new stake in Winnebago Industries during the fourth quarter valued at approximately $227,000. Institutional investors and hedge funds own 83.36% of the company’s stock.
Several brokerages have recently issued reports on WGO. Griffin Securities reissued a “buy” rating on shares of Winnebago Industries in a research report on Thursday, March 23rd. Zacks Investment Research downgraded shares of Winnebago Industries from a “buy” rating to a “hold” rating in a research report on Monday, March 27th. Northcoast Research raised shares of Winnebago Industries from a “neutral” rating to a “buy” rating in a research report on Thursday, March 23rd. Finally, BMO Capital Markets reissued a “market perform” rating and set a $29.00 price objective (down previously from $40.00) on shares of Winnebago Industries in a research report on Friday, March 10th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Winnebago Industries presently has an average rating of “Buy” and a consensus target price of $33.00.
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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