Winnebago Industries (WGO)

• Market cap: $1.33B
• 1 day: -0.47%
• 5 days: -1.24%
• 1 month: 2.00%
• 3 months: -18.47%
• 6 months: -24.07%
• Year to date: -2.64%
• 1 year: -30.50%
• 5 years: -15.73%
• 10 years: 133.35%
• Sector: Consumer Discretionary
• Industry: Motor Homes

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 nearly $3 billion in fiscal 2024. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 83% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 38,796 in fiscal 2024. 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: 5,700

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

171% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 17

50% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]

11% more funds holding

Funds holding: 247 [Q2] → 274 (+27) [Q3]

6% more capital invested

Capital invested by funds: $1.75B [Q2] → $1.86B (+$111M) [Q3]

0.85% less ownership

Funds ownership: 111.65% [Q2] → 110.8% (-0.85%) [Q3]

21% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 101

64% less call options, than puts

Call options by funds: $59.1M | Put options by funds: $162M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $54 15% upside
• Avg. target: $60 27% upside
• High target: $70 49% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Keybanc Brett Andress 50% 1-year accuracy 4 / 8 met price target	24% upside $58	Overweight Upgraded	8 Jan 2025
Truist Securities Michael Swartz 38% 1-year accuracy 19 / 50 met price target	19% upside $56	Buy Maintained	7 Jan 2025
DA Davidson Brandon Rolle 36% 1-year accuracy 4 / 11 met price target	15% upside $54	Neutral Maintained	24 Dec 2024
Benchmark Michael Albanese 25% 1-year accuracy 5 / 20 met price target	49% upside $70	Buy Reiterated	23 Dec 2024