Somewhat Positive Press Coverage Somewhat Unlikely to Impact Winnebago Industries (WGO) Share Price
News headlines about Winnebago Industries (NYSE:WGO) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Winnebago Industries earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 45.6146016529342 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern’s rankings:
- Winnebago Industries, Inc. (WGO) Reaches $53.40 After 6.00% Up … – Hill Country Times (hillcountrytimes.com)
- Winnebago Industries’ First Quarter Fiscal 2018 Financial Results Announcement to be Made on December 20, 2017 (finance.yahoo.com)
- Zacks: Analysts Anticipate Winnebago Industries, Inc. (WGO) Will Post Earnings of $0.50 Per Share (americanbankingnews.com)
- Winnebago Industries (WGO) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Head-To-Head Review: Winnebago Industries (WGO) vs. LCI Industries (LCII) (americanbankingnews.com)
Shares of Winnebago Industries (WGO) opened at $53.10 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.88 and a debt-to-equity ratio of 0.62. Winnebago Industries has a one year low of $24.15 and a one year high of $55.90. The firm has a market cap of $1,720.00, a price-to-earnings ratio of 17.77 and a beta of 2.06.
Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Thursday, October 19th. The construction company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.09. Winnebago Industries had a net margin of 4.61% and a return on equity of 21.92%. The company had revenue of $454.90 million for the quarter, compared to analysts’ expectations of $444.50 million. During the same quarter in the previous year, the firm posted $0.49 earnings per share. Winnebago Industries’s revenue for the quarter was up 72.8% on a year-over-year basis. analysts forecast that Winnebago Industries will post 2.88 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Wednesday, November 15th were issued a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $0.40 annualized dividend and a yield of 0.75%. Winnebago Industries’s payout ratio is 17.39%.
Winnebago Industries declared that its board has initiated a stock repurchase plan on Thursday, October 19th that permits the company to repurchase $70.00 million in outstanding shares. This repurchase authorization permits the construction company to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.
WGO has been the topic of a number of research reports. Zacks Investment Research raised shares of Winnebago Industries from a “hold” rating to a “strong-buy” rating and set a $53.00 target price on the stock in a research note on Thursday, October 5th. BMO Capital Markets reissued a “hold” rating and issued a $34.00 price objective on shares of Winnebago Industries in a research note on Friday, October 13th. SunTrust Banks reissued a “hold” rating and issued a $45.00 price objective on shares of Winnebago Industries in a research note on Friday, October 20th. They noted that the move was a valuation call. ValuEngine cut shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Robert W. Baird reissued an “outperform” rating and issued a $48.00 price objective (up previously from $38.00) on shares of Winnebago Industries in a research note on Friday, October 20th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $46.17.
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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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