Published: Sun, October 22, 2017
Business | By Max Garcia

Winnebago Industries, Inc. (WGO): What's the Story?

Winnebago Industries, Inc. (WGO): What's the Story?

Gendell Jeffrey L sold 127,074 shares as Winnebago Inds Inc (WGO)'s stock declined 23.58%. The firm earned "Hold" rating on Friday, October 13 by BMO Capital Markets.

Analysts are speculating a 2.51% move, based on the high target price ($47) for the shares that is set to reach in the next 12 months. Finally, ValuEngine lowered shares of Winnebago Industries from a strong-buy rating to a buy rating in a report on Monday, October 2nd. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Winnebago Industries, Inc. (NYSE:WGO) has risen 28.17% since October 19, 2016 and is uptrending. About 948,653 shares traded or 44.25% up from the average. The stock's 52-week range is $24.15 to $46.85, and its 3-month range is $33.15 to $46.85. Analysts anticipate that traders could see stock price minimum in the $9 range (lowest target price). The company's market cap is $1.46 Billion, and the average volume is $518.38 Million. (WGO) are 4.56%; 16.37% for the month; 31.75% for the last quarter; 74.67% for the past six-months; and 57.29% for the last 12 months. Fiscal 2017 fourth quarter net income was $24.9 million, or $0.79 per diluted share, an increase of 89.6% compared to $13.1 million, or $0.49 per diluted share, in the same period past year.

Revenues for the Fiscal 2017 fourth quarter ended August 26, 2017, were $454.9 million, an increase of 72.8% compared to $263.3 million for the Fiscal 2016 period.

Revenues for the quarter were $454.9 million, an increase of 72.8% from $263.3 million past year. The company reported $0.49 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.49. The Company produces all of its motorhomes in vertically integrated manufacturing facilities in Iowa and it produces all travel trailer and fifth wheel trailers in Indiana. The stock has "Buy" rating by Robert W. Baird on Thursday, August 31.

COPYRIGHT VIOLATION WARNING: This piece of content was first posted by TrueBlueTribune and is the property of of TrueBlueTribune. For WGO, the company now has $24.37 Million of cash on the books, which is offset by $12.05 Million current liabilities. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 23rd. The ex-dividend date is Tuesday, November 14th. This represents a $0.40 annualized dividend and a dividend yield of 0.84%. For the most recent quarter, quick ratio was 0.9, current ratio was 1.7, LT Debt/Equity ratio was 0.66 and Total Debt/Equity ratio stands at 0.69, while Payout ratio is 0.199.

Hedge funds have recently made changes to their positions in the business. BNP Paribas Arbitrage SA boosted its position in shares of Winnebago Industries by 89.6% in the second quarter. Cascade Investment Advisors, Inc. claims 36,340 shares worth $1,626,215,000. A low price-to-sales ratio, typically less than 1.0, is considered a good value. Gamco Investors Inc. Et Al owns 4.85 million shares or 0.47% of their U.S. portfolio. It increased, as 24 investors sold Winnebago Industries, Inc. shares while 29 reduced holdings. Net income for Fiscal 2017 was $71.3 million, or $2.32 per diluted share, an increase of 38.1% compared to the $1.68 per diluted share in last fiscal year.

If we look at the Volatility of Winnebago Industries, Inc. 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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