Is Winnebago Industries, Inc. (WGO) Stock a Good Buy for Short-term Investors?

Winnebago Industries, Inc. [WGO] stock is trading at $62.26, up 0.84%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WGO shares have gain 6.99% over the last week, with a monthly amount glided 14.87%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Winnebago Industries, Inc. [NYSE: WGO] stock has seen the most recent analyst activity on July 18, 2024, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $75. Previously, DA Davidson reaffirmed its Neutral rating on December 26, 2023, and elevated its price target to $64. On December 18, 2023, ROTH MKM reiterated its Neutral rating and revised its price target to $70 on the stock. KeyBanc Capital Markets started tracking the stock assigning a Sector Weight rating. Northcoast downgraded its rating to a Neutral. MKM Partners reiterated a Neutral rating for this stock on January 27, 2023, and upped its price target to $61. In a note dated August 09, 2022, MKM Partners downgraded an Neutral rating on this stock but restated the target price of $67.

Winnebago Industries, Inc. [WGO] stock has fluctuated between $49.68 and $75.42 over the past year. Currently, Wall Street analysts expect the stock to reach $67.25 within the next 12 months. Winnebago Industries, Inc. [NYSE: WGO] shares were valued at $62.26 at the most recent close of the market. An investor can expect a potential return of 8.01% based on the average WGO price forecast.

Analyzing the WGO fundamentals

Winnebago Industries, Inc. [NYSE:WGO] reported sales of 3.02B for the trailing twelve months, which represents a drop of -12.74%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.06 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.53.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 61.15 points at the first support level, and at 60.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.99, and for the 2nd resistance point, it is at 63.71.

Ratios To Look Out For

For context, Winnebago Industries, Inc.’s Current Ratio is 2.45. Also, the Quick Ratio is 1.35, while the Cash Ratio stands at 0.79. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 1.37 and price to earnings (TTM) ratio is 24.74.

Transactions by insiders

Recent insider trading involved BOGART STACY L, SVP-GENERAL COUNSEL, that happened on Jul 25 ’24 when 3333.0 shares were sold. SVP-OPERATIONS, West Christopher David completed a deal on Jan 04 ’24 to sell 13564.0 shares. Meanwhile, Director MOSS RICHARD D sold 3000.0 shares on Dec 22 ’23.

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