Stock Mover of the Day: After Today’s Big Increase, Is Winnebago Industries, Inc.’s Near-Term Analysis Positive?

Stock Mover of the Day: After Today's Big Increase, Is Winnebago Industries, Inc.'s Near Term Analysis Positive?

The stock of Winnebago Industries, Inc. (NYSE:WGO) is a huge mover today! About 1.24M shares traded hands or 641.42% up from the average. Winnebago Industries, Inc. (NYSE:WGO) has risen 25.84% since February 29, 2016 and is uptrending. It has outperformed by 13.62% the S&P500.
The move comes after 7 months positive chart setup for the $781.33M company. It was reported on Oct, 3 by Barchart.com. We have $48.52 PT which if reached, will make NYSE:WGO worth $531.30 million more.

Analysts await Winnebago Industries, Inc. (NYSE:WGO) to report earnings on October, 20. They expect $0.46 earnings per share, up 6.98% or $0.03 from last year’s $0.43 per share. WGO’s profit will be $12.45M for 15.70 P/E if the $0.46 EPS becomes a reality. After $0.53 actual earnings per share reported by Winnebago Industries, Inc. for the previous quarter, Wall Street now forecasts -13.21% negative EPS growth.

According to Zacks Investment Research, “Winnebago Industries, Inc. is a leading U.S. manufacturer of motor homes, self-contained recreation vehicles used primarily in leisure travel and outdoor recreation activities. Motor home sales by the Company represented more than 87 percent of its revenues in each of the past five fiscal years. The Company’s motor homes are sold through dealer organizations primarily under the Winnebago, Itasca, Vectra, Rialta and Luxor brand names.”

Insitutional Activity: The institutional sentiment increased to 1.55 in Q2 2016. Its up 0.05, from 1.5 in 2016Q1. The ratio increased, as 9 funds sold all Winnebago Industries, Inc. shares owned while 35 reduced positions. 18 funds bought stakes while 50 increased positions. They now own 23.99 million shares or 1.63% less from 24.39 million shares in 2016Q1.
Voya Investment Management Limited Liability holds 0% or 14,273 shares in its portfolio. Rhumbline Advisers has invested 0% of its portfolio in Winnebago Industries, Inc. (NYSE:WGO). Aperio Group Inc Ltd Liability has 0% invested in the company for 16,288 shares. Moreover, Trexquant Inv Limited Partnership has 0.1% invested in Winnebago Industries, Inc. (NYSE:WGO) for 34,289 shares. Northern Trust Corporation last reported 352,514 shares in the company. Whittier Tru Of Nevada holds 0% or 1,242 shares in its portfolio. Glenmede Trust Na holds 0% of its portfolio in Winnebago Industries, Inc. (NYSE:WGO) for 14,544 shares. Lombardia Capital Prtn Ltd Limited Liability Company holds 0.03% or 21,109 shares in its portfolio. Graham Ltd Partnership reported 21,400 shares or 0.03% of all its holdings. Bnp Paribas Arbitrage Sa accumulated 8,769 shares or 0% of the stock. Brandywine Global Mgmt Limited Liability reported 20,500 shares or 0% of all its holdings. Geode Cap Mgmt Ltd has 184,969 shares for 0% of their US portfolio. The United Kingdom-based Gsa Capital Prns Limited Liability Partnership has invested 0.05% in Winnebago Industries, Inc. (NYSE:WGO). Hl Financial Serv Limited Com holds 89,051 shares or 0.05% of its portfolio. Boston Prns has invested 0.01% of its portfolio in Winnebago Industries, Inc. (NYSE:WGO).

More notable recent Winnebago Industries, Inc. (NYSE:WGO) news were published by: Marketwatch.com which released: “Winnebago Industries Inc.” on December 17, 2009, also Fool.com with their article: “Why Winnebago Industries, Inc. Stock Gained 20% in March” published on April 07, 2016, Fool.com published: “Why Shares of Winnebago Industries Inc. Crashed Today” on March 26, 2015. More interesting news about Winnebago Industries, Inc. (NYSE:WGO) were released by: Startribune.com and their article: “Veteran Toro executive Michael Happe selected to lead Winnebago Industries” published on December 21, 2015 as well as Twst.com‘s news article titled: “Winnebago Industries Inc.: Winnebago Industries’ Fourth Quarter and Fiscal …” with publication date: September 29, 2016.

WGO Company Profile

Winnebago Industries, Inc., incorporated on February 12, 1958, is a maker of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Firm designs, develops, makes and markets motorized and towable recreation products along with supporting services and products. The Company’s other products manufactured by the Company consist of original equipment maker (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles. The Firm offers products under categories, which include motorhomes, towables and other manufactured products. The Firm produces all of its motorhomes in vertically integrated manufacturing facilities in Iowa and it produces all travel trailer and fifth wheel trailers in Indiana. The Firm distributes its products primarily through independent dealers throughout the United States and Canada, who then retail the products to the end consumer.

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