WGO - Winnebago Industries, Inc.
| Previous Close | 48.39 |
| Open | 47.99 |
| Bid | 0.00 x 900 |
| Ask | 47.00 x 800 |
| Day's Range | 46.30 - 48.28 |
| 52 Week Range | 19.77 - 51.87 |
| Volume | 628,067 |
| Avg. Volume | 611,639 |
| Market Cap | 1.5B |
| Beta (3Y Monthly) | 1.69 |
| PE Ratio (TTM) | 13.20 |
| EPS (TTM) | 3.52 |
| Earnings Date | Dec 20, 2019 |
| Forward Dividend & Yield | 0.44 (0.93%) |
| Ex-Dividend Date | 2019-09-10 |
| 1y Target Est | 55.86 |
- GlobeNewswire
Winnebago Industries' First Quarter Fiscal 2020 Financial Results Announcement to be Made on December 20, 2019
FOREST CITY, Iowa, Dec. 06, 2019 -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, plans to issue its earnings release for its first.
- Zacks
Soft North American Markets to Hurt Thor's (THO) Q1 Earnings
Despite benefiting from acquisition synergies, Thor Industries' (THO) fiscal Q1 earnings might have been hurt by softness in North American markets and higher costs.
- MarketWatch
Had enough of ‘OK, boomer’? Not if you want to make money with these stocks
Internet memes can be funny — and annoying — but they can also remind us of lucrative investment opportunities from time to time. A current trend is for young adults to make fun of baby boomers for being clueless. Baby boomers were born during the postwar economic expansion from 1946 through 1964.
- Zacks
Winnebago (WGO) Down 4.3% Since Last Earnings Report: Can It Rebound?
Winnebago (WGO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- MoneyShow
Winnebago- On the Road Again
It's 'on the road again' for RVer's. The industry set all-time records back in 2017, selling 504,600 units that year as the economy surged and employment & wages followed along, before a rough patch during the past couple of years, notes Mike Cintolo, growth expect and editor of Cabot Top Ten Trader.
- PR Newswire
UCLA Health Center Receives All-Electric Winnebago As The Nation's First Zero-Emission Mobile Surgical Instrument Lab
The zero-emission mobile medical unit will travel between UCLA's Ronald Reagan and Santa Monica campuses to collect, clean, repair, disinfect and sterilize surgical suite instruments. The eMSIL joins other mobile medical initiatives at UCLA Health including a Mobile Stroke Unit, a Mobile Eye Clinic, and the Mobile Clinic Project serving homeless and low-income individuals.
- GlobeNewswire
Winnebago Industries Completes Acquisition of Newmar
Winnebago Industries, Inc. (WGO), a leading outdoor lifestyle product manufacturer, today announced that it has completed the previously announced acquisition of Newmar Corporation (“Newmar”), a leading manufacturer of Class A and Super C motorized recreation vehicles (RVs). Consideration paid included $270 million in cash plus two million shares of Winnebago Industries common stock. “The acquisition of Newmar further strengthens our core RV Platform and enhances the scale and profitability of our overall motorhome business,” said Winnebago Industries President and Chief Executive Officer, Michael Happe.
- Moody's
Winnebago Industries, Inc. -- Moody's announces completion of a periodic review of ratings of Winnebago Industries, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Winnebago Industries, Inc. New York, November 07, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Winnebago Industries, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- GlobeNewswire
Winnebago Industries Announces Pricing of Offering of $270.0 Million Aggregate Principal Amount of Convertible Senior Notes
Winnebago Industries, Inc. (WGO) (the “Company”), a leading outdoor lifestyle product manufacturer, priced $270.0 million in aggregate principal amount of 1.50% convertible senior notes due 2025 (the “notes”) in a previously announced private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering, the Company has granted the initial purchasers a 30-day option to purchase up to an additional $30.0 million in aggregate principal amount of notes. The Company will settle conversions by paying or delivering, as applicable, cash, shares of its common stock or a combination of cash and shares of its common stock, at its election, based on the applicable conversion rate(s).
- Moody's
Winnebago Industries, Inc. -- Moody's affirms Winnebago's B1 CFR; senior secured term loan upgraded to B1
Moody's Investors Service ("Moody's") affirmed the B1 corporate family rating (CFR) and B1-PD probability of default rating for Winnebago Industries, Inc. ("Winnebago"), and upgraded the company's senior secured term loan to B1 from B2. The rating actions follows Winnebago's recent announcement that it intends to acquire Newmar Corporation ("Newmar") for about $344 million.
- GlobeNewswire
Winnebago Industries Announces Proposed Offering of $270.0 Million Aggregate Principal Amount of Convertible Senior Notes
Winnebago Industries, Inc. (WGO) (the “Company”), a leading outdoor lifestyle product manufacturer, announced today that it intends to offer, subject to market conditions and other factors, $270.0 million in aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering, the Company expects to grant the initial purchasers a 30-day option to purchase up to an additional $30.0 million in aggregate principal amount of notes. The Company will settle conversions by paying or delivering, as applicable, cash, shares of its common stock or a combination of cash and shares of its common stock, at its election, based on the applicable conversion rate(s).
- Insider Monkey
Here’s What Hedge Funds Think About Winnebago Industries, Inc. (WGO)
Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors' favor when it comes to beating the market, […]
- TipRanks
Market Weekly Review: Earnings Drive Rally Ahead of FOMC
The major U.S. stock market averages added about 1% to recent gains this week, ahead of the Fed’s next interest rate decision. Energy names led the way higher, while the real estate sector lagged.A raft of positive earnings reports was the primary catalyst behind the move higher this week. Intel (NASDAQ:INTC) gained 8% a day after exceeding analyst expectations, while Twitter (NYSE:TWTR) lost 20% the session following its own disappointing quarterly result.Of the 199 S&P 500 names that have reported earnings so far, 78% have exceeded expectations. This is considerably ahead of the historical beat rate of 65%, though aggregate profits are expected to decline 2% in the third quarter. Shifting Focus to EconomyWhile the pace of quarterly reports accelerates next week, investor attention will be moving back toward the U.S. economy on Thursday and Friday. First, Chairman Paulson & Co. are scheduled to announce their next interest rate decision on Thursday afternoon. Fed funds futures are pricing in a 94% likelihood of another rate cut, compared with just 49% a month ago. Morgan Stanley strategists offered the following Fed preview this past Wednesday:“We expect the FOMC to cut the fed funds rate target range by 25bp, to 1.50-1.75%, with assurances that it will act as appropriate to sustain the expansion…While we believe post-October is an appropriate time to take a breather, Chair Powell should avoid signaling a pause lest financial conditions tighten materially. The statement and the press conference should maintain the ready-to-act-as-necessary message.”After the FOMC, traders will quickly be prepping for the October jobs report on Friday. Consensus expectations call for the addition of just 80,000 jobs and for the unemployment rate to remain at 3.6%. Any employment result coming in materially stronger could pour cold water on the hope of future interest rate cuts this year or in 2020.Knowing what and when to buy can be challenging for any investor. However, the fact remains that attractive investments are out there, if you’re willing to dig a little deeper.One such consumer leisure name that’s leveraged to lower interest rates and is worth a closer look is our Stock of the Week.Stock of the Week: Winnebago Industries (WGO)The company is synonymous with the recreational vehicles (namely motorhomes) that it’s produced since the 1950’s. Last year, Winnebago also acquired the Chris-Craft boat brand.The stock gained more than 23% this week, as management delivered better-than-expected quarterly results this past Wednesday.Looking ahead, these gains should keep on coming. Here’s why:The company earned $1.01 a share in the August quarter, as revenue fell 1% from the previous year, to $530.4 million. Upside in the period was driven by higher pricing for Towable products and strong demand for the Grand Design RV brand. Management also delivered 61% operating cash flow growth in fiscal 2019 (ended August), which gives Winnebago room to increase its quarterly dividend of $0.11 a share (0.9% yield) in the coming quarters. Following the print, analyst Gerrick Johnson of BMO Capital commented:“…the underlying business is showing significantly more strength than the modest EPS beat would suggest. The pace of business is good, inventory is healthy, and the normally understated management team appears more upbeat about its outlook than we can ever remember. The company seems positioned to significantly outperform the industry once again in FY2020 and WGO remains one of our top picks in the leisure space.”All three active analysts tracked by TipRanks rate the stock a Buy. The average price target of $57.33 represents another 12.6% upside potential from current levels. (Sea Winnebago stock analysis on TipRanks)The potential for lower interest rates is a key component of the investment thesis for the company. Buying an RV is a luxury purchase and a lower financing rate has historically sparked demand across the industry.Despite the hefty gains this week, Winnebago is valued at just 12.7x expected full-year earnings of $4.01 a share. The stock is trading at a discount to the broader market and the median industry valuation of 14.7x earnings.FYI: This is just 1 of the 20+ stocks selected for the Smart Investor portfolio. That’s where we share more detailed insights on our weekly stock picks. You may also want to learn more about how we use TipRanks indicators to find stocks that are primed to outperform. Discover the Smart Investor portfolio here >>
- Thomson Reuters StreetEvents
Edited Transcript of WGO earnings conference call or presentation 23-Oct-19 2:00pm GMT
Q4 2019 Winnebago Industries Inc Earnings Call
- Zacks
Winnebago (WGO) Earnings and Revenues Beat Estimates in Q4
Winnebago (WGO) delivers earnings growth in fourth-quarter fiscal 2019 on improved tax rate.
- MarketWatch
Boeing, Caterpillar report disappointing earnings, but their shares bounce back
Relief that Boeing Co. kept a key timeline for its grounded 737 Max jet boost shares of the airplane maker and was a spot of good news on a mixed day for earnings that included a quarterly miss for Caterpillar Inc.
- Benzinga
Winnebago's Profit Rises And Revenues Fall Less Than Expected
Investors were optimistic heading into Winnebago Industry Inc.'s (NYSE: WGO) fourth-quarter earnings report as the company's shares broke into a new 52-week high on Monday, hitting a peak of $43.01. The RV industry seems to be contracting following a nine-year record growth and although the leading outdoor lifestyle product manufacturer's first annual sales decline was expected, revenues have fallen less than expected.
- Zacks
Winnebago Industries (WGO) Surpasses Q4 Earnings and Revenue Estimates
Winnebago (WGO) delivered earnings and revenue surprises of 3.06% and 0.32%, respectively, for the quarter ended August 2019. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Winnebago Industries Announces Fourth Quarter and Full Year Fiscal 2019 Results
-- Record Full Year EPS of $3.52, Up 9% as Full Year Gross Margins Grew 60 Basis Points to 15.5% ---- Strong Full Year Revenues of $2 Billion Reflect Outperformance in RV and.
- MarketWatch
Four stocks that are nearing key breakouts
Here are four stocks positioned right at key technical breakout points. Horizon Therapeutics PLC (HZNP) climbed 92 cents to $28.20 on 2.3 million shares traded Tuesday, more than 1 1/2 times its average volume. The move, which came on no news from the drug maker targeting treatments for rare and rheumatic diseases, edged the stock out of a two-month sideways channel.
- Benzinga
4 Stocks Nearing Key Breakouts
By Harry Boxer, TheTechTrader Here are four stocks positioned right at key technical breakout points. Horizon Therapeutics Public Limited Company (NASDAQ: HZNP ) climbed 92 cents to $28.20 on 2.3 million ...
- Zacks
Winnebago Industries (WGO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Winnebago (WGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Benzinga
Motiv Power Systems Raises $60 Million For Electric Truck Conversions
The money will allow Motiv to pay off debt and open an engineering facility in Detroit to grow its business with large fleets, Motiv CEO Matt O'Leary told FreightWaves. "We have been continuing to build our sales order bank and bring in some of the larger fleets," O'Leary said. GMAG Holdings Corp., the original investor in Motiv in a $7 million raise five years ago, said Motiv has justified further investment to scale up its decade-old business.
- GlobeNewswire
Winnebago Industries Strengthens Commitment to Safety by Becoming a Member of the National Safety Council
Winnebago Industries, Inc. (WGO), a leading outdoor lifestyle product manufacturer, today announced the company has become a member of the National Safety Council, further underscoring a commitment to the safety of its employees and the community at large. Winnebago Industries has previously been a member of the Iowa-Illinois Safety Council chapter of the National Safety Council for more than 35 years. Winnebago Industries along with its Winnebago, Grand Design and Chris-Craft brands share the National Safety Council mission to eliminate all preventable deaths in our lifetime – in homes and communities, on the road, and in workplaces.
- Zacks
Winnebago Industries (WGO) Earnings Expected to Grow: What to Know Ahead of Q4 Release
Winnebago (WGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
