Brokerages expect that Winnebago Industries, Inc. (NYSE:WGO) will post $0.59 earnings per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Winnebago Industries’ earnings, with the highest EPS estimate coming in at $0.67 and the lowest estimate coming in at $0.44. Winnebago Industries posted earnings of $0.62 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 4.8%. The business is scheduled to issue its next quarterly earnings results on Wednesday, March 20th.

According to Zacks, analysts expect that Winnebago Industries will report full year earnings of $3.60 per share for the current financial year, with EPS estimates ranging from $3.45 to $3.70. For the next fiscal year, analysts anticipate that the firm will report earnings of $4.02 per share, with EPS estimates ranging from $3.80 to $4.15. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover Winnebago Industries.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results on Wednesday, December 19th. The construction company reported $0.70 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.13. Winnebago Industries had a net margin of 5.17% and a return on equity of 20.10%. The firm had revenue of $493.65 million for the quarter, compared to analyst estimates of $482.96 million. During the same period last year, the business earned $0.57 EPS. Winnebago Industries’s revenue for the quarter was up 9.7% compared to the same quarter last year.

WGO has been the topic of several research analyst reports. Robert W. Baird cut their price target on shares of Winnebago Industries from $60.00 to $50.00 and set an “outperform” rating on the stock in a research note on Thursday, October 18th. TheStreet lowered shares of Winnebago Industries from a “b-” rating to a “c+” rating in a research note on Monday, December 10th. SunTrust Banks cut their price target on shares of Winnebago Industries to $34.00 and set a “positive” rating on the stock in a research note on Thursday, December 20th. BMO Capital Markets cut their price target on shares of Winnebago Industries to $42.00 and set an “outperform” rating on the stock in a research note on Monday, February 4th. Finally, Zacks Investment Research upgraded shares of Winnebago Industries from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research note on Saturday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $40.40.

In other Winnebago Industries news, VP Steven Scott Degnan sold 10,013 shares of the firm’s stock in a transaction on Monday, January 28th. The shares were sold at an average price of $30.11, for a total transaction of $301,491.43. Following the transaction, the vice president now directly owns 32,449 shares of the company’s stock, valued at approximately $977,039.39. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.57% of the company’s stock.

A number of institutional investors have recently modified their holdings of WGO. Marshall Wace LLP purchased a new position in Winnebago Industries during the 3rd quarter worth $7,906,000. Peregrine Capital Management LLC purchased a new position in Winnebago Industries during the 3rd quarter worth $5,756,000. Frontier Capital Management Co. LLC purchased a new position in Winnebago Industries during the 4th quarter worth $3,193,000. Monarch Partners Asset Management LLC grew its position in Winnebago Industries by 122.8% during the 4th quarter. Monarch Partners Asset Management LLC now owns 232,028 shares of the construction company’s stock worth $5,617,000 after purchasing an additional 127,865 shares during the last quarter. Finally, Nordea Investment Management AB grew its position in Winnebago Industries by 384.0% during the 3rd quarter. Nordea Investment Management AB now owns 156,830 shares of the construction company’s stock worth $5,199,000 after purchasing an additional 124,430 shares during the last quarter. 85.54% of the stock is currently owned by institutional investors.

NYSE:WGO traded down $0.09 during midday trading on Monday, hitting $28.54. 310,800 shares of the company were exchanged, compared to its average volume of 690,496. Winnebago Industries has a fifty-two week low of $19.77 and a fifty-two week high of $47.76. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.72 and a quick ratio of 0.76. The firm has a market capitalization of $917.02 million, a P/E ratio of 9.06 and a beta of 1.49.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 23rd. Shareholders of record on Wednesday, January 9th were given a dividend of $0.11 per share. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.10. This represents a $0.44 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend was Tuesday, January 8th. Winnebago Industries’s dividend payout ratio (DPR) is presently 13.97%.

Winnebago Industries Company Profile

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates in five segments: Winnebago Motorhomes, Winnebago Towables, Grand Design Towables, Winnebago Specialty Vehicles, and Chris-Craft Marine.

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Earnings History and Estimates for Winnebago Industries (NYSE:WGO)

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