News coverage about Winnebago Industries (NYSE:WGO) has been trending somewhat positive on Wednesday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Winnebago Industries earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 45.3200237513186 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Tenkan Sen Shows Bullish Movement For Winnebago Industries Inc (WGO) – Evergreen Caller (evergreencaller.com)
- Buy, Sell or Hold? A Look at What the Technicals Are Saying About Winnebago Industries Inc (WGO) – Evergreen Caller (evergreencaller.com)
- Cubs manager Joe Maddon (and wife) doing digital sitcom for Winnebago (finance.yahoo.com)
- Winnebago Inds Has Returned 23.4% Since SmarTrend Recommendation (WGO) (mysmartrend.com)
- Winnebago Industries, Inc. (WGO) Rating Lowered to Buy at BidaskClub (americanbankingnews.com)
WGO has been the topic of several recent research reports. BidaskClub lowered shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 12th. Stifel Nicolaus initiated coverage on shares of Winnebago Industries in a research report on Thursday, July 6th. They issued a “buy” rating and a $40.00 price target on the stock. Zacks Investment Research upgraded shares of Winnebago Industries from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research report on Saturday, March 25th. Northcoast Research upgraded shares of Winnebago Industries from a “neutral” rating to a “buy” rating in a research report on Thursday, March 23rd. Finally, CL King initiated coverage on shares of Winnebago Industries in a research report on Monday, April 24th. They issued a “buy” rating and a $32.00 price target on the stock. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $34.83.
Winnebago Industries (WGO) opened at 34.50 on Wednesday. Winnebago Industries has a 1-year low of $22.11 and a 1-year high of $39.30. The company has a 50-day moving average of $31.47 and a 200-day moving average of $30.33. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 17.23 and a beta of 1.98.
Winnebago Industries (NYSE:WGO) last issued its earnings results on Wednesday, June 21st. The construction company reported $0.94 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.22. Winnebago Industries had a net margin of 4.39% and a return on equity of 20.01%. The firm had revenue of $476.40 million during the quarter, compared to the consensus estimate of $440.94 million. During the same quarter in the prior year, the firm earned $0.53 earnings per share. The business’s quarterly revenue was up 75.1% on a year-over-year basis. Analysts predict that Winnebago Industries will post $2.23 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 26th. Shareholders of record on Wednesday, July 12th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.16%. The ex-dividend date is Monday, July 10th. Winnebago Industries’s payout ratio is presently 20.00%.
In other news, Director Christopher J. Braun bought 5,000 shares of the stock in a transaction on Friday, May 12th. The stock was purchased at an average price of $27.72 per share, with a total value of $138,600.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.50% of the stock is currently owned by corporate insiders.
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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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