While Winnebago Industries, Inc. has underperformed by -0.26%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WGO fell by -0.36%, with highs and lows ranging from $75.42 to $49.68, whereas the simple moving average fell by -6.48% in the last 200 days.
On July 18, 2024, The Benchmark Company started tracking Winnebago Industries, Inc. (NYSE: WGO) recommending Buy. A report published by DA Davidson on December 26, 2023, Reiterated its previous ‘Neutral’ rating for WGO. ROTH MKM also reiterated WGO shares as ‘Neutral’, quoting a target price of $70 on the company’s shares in a report dated December 18, 2023. Northcoast February 06, 2023d its ‘Buy’ rating to ‘Neutral’ for WGO, as published in its report on February 06, 2023. MKM Partners’s report from January 27, 2023 suggests a price prediction of $61 for WGO shares, giving the stock a ‘Neutral’ rating. MKM Partners also rated the stock as ‘Neutral’.
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Analysis of Winnebago Industries, Inc. (WGO)
Investors in Winnebago Industries, Inc. will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $1.27 per share. Further, the quarter-over-quarter decrease in sales is -6.50%, showing a negative trend in the upcoming months.
One of the most important indicators of Winnebago Industries, Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 0.98% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.36, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and WGO is recording 557.32K average volume. On a monthly basis, the volatility of the stock is set at 3.45%, whereas on a weekly basis, it is put at 3.92%, with a gain of 10.76% over the past seven days. Furthermore, long-term investors anticipate a median target price of $63.78, showing growth from the present price of $57.35, which can serve as yet another indication of whether WGO is worth investing in or should be passed over.
How Do You Analyze Winnebago Industries, Inc. Shares?
The Recreational Vehicles market is dominated by Winnebago Industries, Inc. (WGO) based in the USA. When comparing Winnebago Industries, Inc. shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 221.69, there is a growth in quarterly earnings of -180.97%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.06%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 109.16% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
WGO shares are owned by institutional investors to the tune of 109.16% at present.
