Winnebago Industries (WGO) is Initiated by Sidoti to Neutral

Winnebago Industries (WGO) was Initiated by Sidoti to “Neutral”. Sidoti advised their investors in a research report released on May 3, 2016.

On the company’s financial health, Winnebago Industries reported $.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Mar 24, 2016. Analyst had a consensus of $0.34. The company had revenue of $225.67 million for the quarter, compared to analysts expectations of $233.34 million. The company’s revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.

Winnebago Industries opened for trading at $21.67 and hit $21.84 on the upside on Monday, eventually ending the session at $21.77, with a gain of 0.60% or 0.13 points. The heightened volatility saw the trading volume jump to 1,27,845 shares. Company has a market cap of $585 M.

Winnebago Industries Inc. is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company sells its products through independent dealers primarily throughout the United States and Canada. It sells motor homes through independent dealers under the Winnebago Itasca and Era brands names. Other products manufactured by the Company consisted primarily of original equipment manufacturing (OEM) parts including extruded aluminum and other component products for other manufacturers commercial vehicles and commercial transit buses. The Company Operates through three major product categories including Motorhomes Towable RVs Other manufactured products.

Winnebago Industries

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