Winnebago IndustriesWGO
Market Cap: $1.63B
About: Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $3.5 billion in fiscal 2023. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 79% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 39,447 in fiscal 2023. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.
Employees: 6,250
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
12% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 76
2% less funds holding
Funds holding: 250 [Q1] → 245 (-5) [Q2]
2.58% less ownership
Funds ownership: 110.56% [Q1] → 107.98% (-2.58%) [Q2]
11% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 46
29% less capital invested
Capital invested by funds: $2.39B [Q1] → $1.69B (-$699M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 2 (-2) [Q2]
75% less call options, than puts
Call options by funds: $27.4M | Put options by funds: $110M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Benchmark Michael Albanese 42% 1-year accuracy 8 / 19 met price target | 33%upside $75 | Buy Initiated | 18 Jul 2024 |
Citigroup James Hardiman 59% 1-year accuracy 10 / 17 met price target | 37%upside $77 | Buy Maintained | 12 Jul 2024 |
Truist Securities Michael Swartz 44% 1-year accuracy 27 / 61 met price target | 16%upside $65 | Buy Maintained | 8 Jul 2024 |
Roth MKM Scott Stember 74% 1-year accuracy 14 / 19 met price target | 5%upside $59 | Neutral Maintained | 21 Jun 2024 |
Truist Securities Michael Swartz 44% 1-year accuracy 27 / 61 met price target | 21%upside $68 | Buy Maintained | 21 Jun 2024 |
Financial journalist opinion
Based on 6 articles about WGO published over the past 30 days