|Bid||33.70 x 1000|
|Ask||33.72 x 1000|
|Day's Range||33.13 - 34.78|
|52 Week Range||19.77 - 47.76|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||10.08|
|Earnings Date||Jun 18, 2019 - Jun 24, 2019|
|Forward Dividend & Yield||0.44 (1.24%)|
|1y Target Est||40.33|
Is Winnebago Industries, Inc. (NYSE:WGO) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before doing days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds […]
Winnebago (WGO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Winnebago Industries, Inc. (WGO) stock is in bull market territory since trading as low as $19.77 on Dec. 18 but in bear market territory at 23.9% below its June 21, 2018, high of $47.75. Winnebago makes recreational vehicles including motor homes. Positive guidance helped the stock advance.
Thor Industries (NYSE:THO) has seen a wild ride over the last few years. THO stock had increased steadily from 2009 to early 2018. However, increased tariffs and rising interest rates hurt sales soon after, and THO plummeted.Source: Shutterstock Still, THO stock has recovered from the lows of Christmas week. Also, interest rates have again fallen, and the trade war with China may come to an end soon.At these levels, Thor Industries stock could present an opportunity as the company resumes its earnings growth.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Risky Stocks to Watch as Earnings Season Kicks Off THO Stock and an Awful 2018Unlike its rival Winnebago (NYSE:WGO), the name Thor may not resonate with the American public. However, most Americans know its RVs. Thor produces the popular Airstream RV, as well as brands such as Heartland and Keystone. Thor manufactures these homes on wheels while independent dealers sell them to the public. They come in a motorized form or a towable version that can be pulled by a truck built by a company such as Ford (NYSE:F) or GM (NYSE:GM).THO stock benefitted from growth for most of the decade. For a brief time in early 2018, THO had risen above $155 per share. However, 2018 became its most challenging year since the 2008 financial crisis. During this time, Thor also acquired Europe's Erwin Hymer Group, making it the world's largest RV manufacturer. Still, this status did not head off the stock's decline.In 2018, net sales fell by more than 20%. The company blamed tariffs and higher interest rates for the drop off in sales. It also found itself temporarily paying a 55.7% effective tax rate, up from 31.4% the previous year. This devastated THO stock as it briefly lost more than two-thirds of its value by the week of Christmas. Business Conditions Are Improving for Thor IndustriesHowever, since hitting that low of $47.71 per share on Dec. 24, the stock has now risen to the $64 per share range. This means that THO currently trades at levels it saw in the 2014-15 timeframe.Today, THO benefits from improving business conditions. It expects its effective tax rate to fall to the 23-25% range this year. Also, the specter of tariffs gave way to new trade deals with Mexico and Canada last year. Once the Trump Administration comes to an agreement with China, Thor Industries and other manufacturers should gain more clarity on materials costs.Moreover, interest rates have fallen in recent months. The 10-year rate rose as high as 3.25% in November. Then, rates began a steep drop. Although they have risen in recent days, the current rate stands at around 2.5%. Both factors should increase the affordability of RVs. Value, Yields and THO StockThis affordability also extends to Thor Industries investors. Despite the recent increase in the stock price, the forward price-to-earnings (PE) ratio now stands at about 8.6. This comes in well below the average PE ratio of 15.4 over the last five years. It also comes thanks to improving profit growth. For 2020, Wall Street predicts earnings of $7.51 per share, a 39.3% increase from the predicted 2019 profit of $5.39 per share.Stockholders also benefit from the dividend. The current annual payout of $1.56 per share yields just over 2.4%, significantly higher than the S&P 500 average of 1.86%. Moreover, the company has hiked this payout every year since 2010. Hence, investors can expect a growing source of cash flow while they wait for Thor Industries stock to move back toward its 2018 highs. Final Thoughts on THO StockThe return to profit growth again makes Thor Industries stock a buy. The company faced a difficult 2018 as taxes, interest rates, and higher material costs weighed on the bottom line.Now, most of those roadblocks have reversed course. Due to the decline in 2018, THO trades at a single-digit forward PE ratio. Both that low multiple and the rising dividend could send Thor Industries stock higher as the company resumes its path to growth.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Medical Marijuana Stocks to Cure Your Portfolio * 8 Best Stocks to Buy for an April Rally * Top 20 Stocks to Buy for 20-Somethings! Compare Brokers The post After a Nasty Tumble Last Year, THO Stock Should Cruise Again appeared first on InvestorPlace.
President & CEO of Winnebago Industries Inc (NYSE:WGO) Michael J Happe bought 3,500 shares of WGO on 03/27/2019 at an average price of $29.19 a share.
The Winnebago earnings report for the company's fiscal second quarter of 2019 has WGO stock up on Monday.Source: Shutterstock The following are a few things for investors in WGO stock to know about the most recent Winnebago (NYSE:WGO) earnings report. * Winnebago reported earnings per share of 68 cents for its fiscal second quarter of 2019. * Earnings per share reported by the company in the same period of the year prior were 69 cents. * This was good news for WGO stock by coming in above Wall Street's earnings per share estimate of 59 cents for the period. * The Winnebago earnings report also includes revenue of $432.69 million. * This is a drop from the company's revenue of $468.36 million reported in its fiscal second quarter of 2018. * It also comes in lower than analysts' revenue estimate of $461.92 million for the quarter, but wasn't keeping WGO stock down today. * Net income reported in the Winnebago earnings release for its fiscal second quarter of the year was $21.60 million. * The company's net income from the same period of the year prior was $22.09 million. * The Winnebago earnings report also sees operating income for its fiscal second quarter of 2019 coming in at $28.90 million. * Operating income reported by Winnebago in its fiscal second quarter of the previous year was $35.25 million. * 7 Marijuana Stocks to Play the CBD Trend You can follow this link to learn more about the Winnebago earnings report for its fiscal second quarter of 2019.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWGO stock was up 2% as of Monday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Winnebago Earnings: 10 Things for WGO Stock Investors to Know appeared first on InvestorPlace.
Winnebago Industries Inc. said Monday it had net income of $21.6 million, or 68 cents a share, in its fiscal second quarter to Feb. 23, down from $22.1 million, or 69 cents a share, in the year-earlier period. Revenue fell to $432.7 million from $468.4 million. The FactSet consensus was for EPS of 60 cents and revenue of $459 million. Motorhome revenue fell 17.3% to $164.7 million, while revenue for towables fell 5.9% to $250.7 million. "While the RV industry has been challenged over the past 6 months, we believe the wholesale shipment and retail sales equation will approach a new equilibrium during our fiscal Q3," Chief Executive Michael Happe said in a statement. Shares swung between gains and losses premarket, but were last up 9.5%. The stock has fallen 20% in the last 12 months, while the S&P 500 has gained 8%.
-- Sales Performance Continues to Outperform The Industry -- -- Quarterly Gross Margins of 15.4% Increased 100 Basis Points Over Prior Year -- -- Strong Improvements in.
Winnebago (WGO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SALT LAKE CITY, March 13, 2019 /PRNewswire/ -- Winnebago Industries, Inc. (WGO) was honored today with the Sustainability Award by the RV Industry Association (RVIA) for its efforts in bringing an all-electric option to a vehicle segment well-known for daily idling and onboard generators. The award was presented to the company at an award ceremony at the industry trade show, RVX: The RV Experience, in Salt Lake City, Utah. The 33/38 foot vehicle is powered by a Ford F-53 based EPIC chassis from Motiv Power Systems. "Our all-electric specialty vehicle offering taps into two growing trends, organizations wanting to take their services and technology to their consumers where they might be and the nationwide electrification of vehicles in an effort to reduce urban idling and onboard generator use for cleaner air," said Jamie Sorenson, Director of the Winnebago Specialty Vehicles.
For more than six decades, Winnebago Industries has created products that enable customers to explore America’s national parks. Today, Winnebago Industries, Inc. (WGO), a leading outdoor lifestyle product manufacturer, strengthened that connection by announcing a multi-year partnership with the National Park Foundation (NPF), the official nonprofit partner of the National Park Service, in support of the Find Your Park/Encuentra Tu Parque movement. This public awareness campaign inspires people of all backgrounds and abilities to discover and share their own unique connections to America’s national parks. “Our purpose, throughout our Winnebago, Grand Design and Chris-Craft families, is to help our customers explore the outdoor lifestyle, enabling extraordinary experiences as they travel, live, work and play,” said Winnebago Industries President and CEO Michael Happe.