Winnebago Industries (NYSE:WGO) announced its earnings results on Wednesday. The construction company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.01), Briefing.com reports. Winnebago Industries had a net margin of 4.43% and a return on equity of 21.47%. The company had revenue of $468.40 million for the quarter, compared to analysts’ expectations of $445.88 million. During the same period in the prior year, the company earned $0.48 earnings per share. The company’s revenue for the quarter was up 26.4% on a year-over-year basis.
Winnebago Industries stock opened at $41.80 on Thursday. The firm has a market capitalization of $1,408.70, a price-to-earnings ratio of 17.06 and a beta of 1.77. Winnebago Industries has a 52-week low of $24.15 and a 52-week high of $58.65. The company has a current ratio of 1.88, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 25th. Stockholders of record on Wednesday, April 11th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Tuesday, April 10th. Winnebago Industries’s dividend payout ratio is 16.33%.
Large investors have recently bought and sold shares of the stock. C M Bidwell & Associates Ltd. acquired a new position in Winnebago Industries during the fourth quarter valued at $120,000. NEXT Financial Group Inc acquired a new position in Winnebago Industries during the third quarter valued at $124,000. Everence Capital Management Inc. acquired a new position in Winnebago Industries during the fourth quarter valued at $207,000. Glenmede Trust Co. NA raised its position in Winnebago Industries by 57.6% during the fourth quarter. Glenmede Trust Co. NA now owns 3,941 shares of the construction company’s stock valued at $218,000 after buying an additional 1,440 shares during the period. Finally, Amalgamated Bank acquired a new position in Winnebago Industries during the fourth quarter valued at $255,000. 84.22% of the stock is currently owned by hedge funds and other institutional investors.
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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