Winnebago Industries, Inc. (NYSE:WGO)’s share price fell 8.2% during trading on Thursday . The stock traded as low as $48.95 and last traded at $49.00. 1,593,531 shares were traded during trading, an increase of 130% from the average session volume of 691,862 shares. The stock had previously closed at $53.35.

Several research firms have commented on WGO. Zacks Investment Research cut shares of Winnebago Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Robert W. Baird reissued an “outperform” rating and set a $60.00 target price (up previously from $52.00) on shares of Winnebago Industries in a research report on Thursday, December 21st. SunTrust Banks reissued a “hold” rating and set a $52.00 target price on shares of Winnebago Industries in a research report on Thursday, December 21st. ValuEngine raised shares of Winnebago Industries from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, BMO Capital Markets lifted their price target on shares of Winnebago Industries to $51.00 and gave the stock a “market perform” rating in a report on Monday, October 23rd. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $52.17.

The company has a debt-to-equity ratio of 0.59, a current ratio of 1.88 and a quick ratio of 1.03. The stock has a market capitalization of $1,560.00, a price-to-earnings ratio of 20.08 and a beta of 2.08.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Wednesday, December 20th. The construction company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. The company had revenue of $450.00 million for the quarter, compared to analysts’ expectations of $387.12 million. Winnebago Industries had a net margin of 4.43% and a return on equity of 21.47%. Winnebago Industries’s revenue was up 83.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.42 EPS. analysts expect that Winnebago Industries, Inc. will post 3.07 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 24th. Investors of record on Wednesday, January 10th were issued a $0.10 dividend. The ex-dividend date was Tuesday, January 9th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.82%. Winnebago Industries’s dividend payout ratio (DPR) is presently 16.39%.

Winnebago Industries announced that its board has approved a share repurchase program on Thursday, October 19th that authorizes the company to repurchase $70.00 million in outstanding shares. This repurchase authorization authorizes the construction company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

Several large investors have recently bought and sold shares of the stock. SG Americas Securities LLC bought a new stake in Winnebago Industries during the 2nd quarter valued at $107,000. Pinebridge Investments L.P. raised its holdings in Winnebago Industries by 1.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 3,496 shares of the construction company’s stock valued at $123,000 after acquiring an additional 35 shares during the period. NEXT Financial Group Inc bought a new stake in Winnebago Industries during the 3rd quarter valued at $124,000. Victory Capital Management Inc. raised its holdings in Winnebago Industries by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 3,582 shares of the construction company’s stock valued at $125,000 after acquiring an additional 536 shares during the period. Finally, Piedmont Investment Advisors LLC bought a new stake in Winnebago Industries during the 2nd quarter valued at $201,000. 83.24% of the stock is currently owned by institutional investors.

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About Winnebago Industries

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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