Why is Winnebago stock down 30% in 2022?
Yet the stock has still declined sharply in 2022, falling over 30% to trail the wider market. Investors are worried about several challenges, including supply chain problems. But the biggest concern is that Winnebago will be caught with too much inventory in the event of a recession or slowdown in the RV industry.
Will Winnebago be stuck with too much inventory?
That scenario raises the risk that Winnebago will be stuck with too much inventory as it works to covert its huge backlog into sales. Producing too many RVs just before a slowdown or recession would lead to collapsing profitability that would reverse many of the gains that shareholders have seen since 2019.
How much is Winnebago stock worth?
One share of WGO stock can currently be purchased for approximately $62.80. How much money does Winnebago Industries make? Winnebago Industries has a market capitalization of $2.09 billion and generates $3.63 billion in revenue each year.
Can Winnebago Industries (WGO) maintain its earnings-beat streak?
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Winnebago Industries (WGO), which belongs to the Zacks Building Products-Mobile Homes and RV Builders industry.
Is Winnebago stock a good buy?
Consensus Rating. Winnebago Industries has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Why is Winnebago stock down?
But Winnebago's stock fell as it missed the forecast for its gross profit margin. It was 18.6%, falling short of the expected 18.9%, Bloomberg reported. The company blamed production inefficiencies related to supply constraints.
How much is Winnebago company worth?
$1.45 BillionAs of May 2022 Winnebago Industries has a market cap of $1.45 Billion. This makes Winnebago Industries the world's 3932th most valuable company by market cap according to our data.
Is Winnebago Industries public?
Winnebago Industries' common stock is traded under the symbol "WGO" on the New York Stock Exchange. When was Winnebago Industries first traded? Winnebago Industries' first public offering was on January 24, 1966 at $12.50 per share and the Company was listed on the NYSE on September 9, 1970.
What did Winnebago stock close at today?
Performance OutlookPrevious Close45.07Open45.21Bid42.23 x 800Ask0.00 x 800Day's Range44.92 - 46.523 more rows
What is the stock symbol for Winnebago?
WGOWinnebago Industries Inc WGO:NYSE.
Is Coachmen a publicly traded company?
Coachmen Industries, Inc., based in Elkhart, Indiana, is one of the nation's leading recreational vehicles (RVs) manufacturers, and is also involved in the modular housing industry. The public company, listed on the New York Stock Exchange, is composed of seven main subsidiaries.
What sector is Winnebago in?
IndustrialsKey DataLabelValueExchangeNYSESectorIndustrialsIndustryHomebuilding1 Year Target$71.0014 more rows
How long has Winnebago been in business?
Here's a look back at just a few of the models and moments from the company's 56-year history. Winnebago started producing motor homes in 1966.
What year did Winnebago go public?
19701970. Winnebago Industries goes public and WGO becomes the Company's symbol on the New York Stock Exchange.
How much is a 1994 Winnebago Brave worth?
ValuesSuggested List PriceAverage RetailBase Price$44,605$12,300Total Price$44,605$12,3002 more rows
How much is a 2019 Winnebago?
ValuesSuggested List PriceAverage RetailBase Price$141,426$118,650Options (Add)Total Price$141,426$118,6502 more rows
How much was an RV in 2019?
RVs can cost between $10,000 and $300,000 depending on the style and features. A moderately-appointed camper trailer pulled behind a truck might cost $20,000. The average RV cost of a fifth-wheel may cost $40,000. Most motorhome prices usually start around $100,000.
Should I buy or sell Winnebago Industries stock right now?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Winnebago Industries in the last year. There are currently 3 hold ratings...
What is Winnebago Industries' stock price forecast for 2022?
10 Wall Street research analysts have issued 12-month price targets for Winnebago Industries' shares. Their forecasts range from $52.00 to $102.00....
How has Winnebago Industries' stock price performed in 2022?
Winnebago Industries' stock was trading at $74.92 at the beginning of 2022. Since then, WGO stock has decreased by 37.4% and is now trading at $46....
When is Winnebago Industries' next earnings date?
Winnebago Industries is scheduled to release its next quarterly earnings announcement on Wednesday, June 22nd 2022. View our earnings forecast for...
How were Winnebago Industries' earnings last quarter?
Winnebago Industries, Inc. (NYSE:WGO) posted its quarterly earnings data on Wednesday, March, 23rd. The construction company reported $3.14 EPS for...
How often does Winnebago Industries pay dividends? What is the dividend yield for Winnebago Industries?
Winnebago Industries announced a quarterly dividend on Wednesday, May 18th. Investors of record on Wednesday, June 8th will be paid a dividend of $...
Is Winnebago Industries a good dividend stock?
Winnebago Industries(NYSE:WGO) pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.45%. Winnebago Industries has bee...
Who are Winnebago Industries' key executives?
Winnebago Industries' management team includes the following people: Mr. Michael J. Happe , CEO, Pres & Director (Age 51, Pay $2.55M) Mr. Bryan...
What is Michael Happe's approval rating as Winnebago Industries' CEO?
4 employees have rated Winnebago Industries CEO Michael Happe on Glassdoor.com . Michael Happe has an approval rating of 76% among Winnebago Indus...
How much debt does Winnebago have?
How much did Winnebago lose in 2020?
Story continues. Financials & Dividend. Winnebago had cash and cash equivalents of $152.5 million as of May 30, 2020. Long-term debt totaled $451.3 million, up from $245.4 million recorded on Aug 31, 2019.
What is the dividend yield of Winnebago Industries?
Winnebago reported a loss of 26 cents per share in third-quarter fiscal 2020, narrower than the Zacks Consensus Estimate of a loss of 41 cents. Higher-than-expected revenues from the Motorhome segment led to the outperformance. However, earnings of $1.14 a share were recorded in the year-ago quarter. Weak demand and disruptions across dealer network and supply chain due to coronavirus woes impacted the firm.
Who owns Winnebago Industries?
Winnebago Industries pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.71% . Winnebago Industries does not yet have a strong track record of dividend growth. The dividend payout ratio of Winnebago Industries is 18.60%. This payout ratio is at a healthy, sustainable level, below 75%.
When is Winnebago's quarterly dividend?
Winnebago Industries' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hohimer Wealth Management LLC (0.10%) and State of Alaska Department of Revenue (0.07%).
How much does Winnebago Industries make?
Winnebago Industries announced a quarterly dividend on Wednesday, May 19th. Stockholders of record on Wednesday, June 16th will be paid a dividend of $0.12 per share on Wednesday, June 30th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Tuesday, June 15th.
Winnebago Industries (WGO) Outpaces Stock Market Gains: What You Should Know
Winnebago Industries has a market capitalization of $2.19 billion and generates $2.36 billion in revenue each year. The construction company earns $61.44 million in net income (profit) each year or $2.58 on an earnings per share basis.
Winnebago Industries (WGO) Gains But Lags Market: What You Should Know
Winnebago Industries (WGO) closed the most recent trading day at $68.41, moving +1.94% from the previous trading session.