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A Quick Look at Today's Ratings for Winnebago Industries(WGO.US), With a Forecast Between $64 to $70

Moomoo News ·  Oct 24 09:00  · Ratings

On Oct 24, major Wall Street analysts update their ratings for $Winnebago Industries (WGO.US)$, with price targets ranging from $64 to $70.

BMO Capital analyst Tristan M. Thomas-Martin maintains with a buy rating, and adjusts the target price from $75 to $70.

KeyBanc analyst Noah Zatzkin maintains with a hold rating.

Truist Financial analyst Michael Swartz maintains with a buy rating, and adjusts the target price from $68 to $64.

Benchmark Co. analyst Michael Albanese maintains with a buy rating, and maintains the target price at $70.

Furthermore, according to the comprehensive report, the opinions of $Winnebago Industries (WGO.US)$'s main analysts recently are as follows:

  • Winnebago's Q4 results didn't meet expectations, yet the company displayed certain positive aspects such as the RV and Marine retail sectors outperforming. Alongside this, the firm is making continuous efforts to optimize its dealer channel. The company also presented financial forecasts for the first time, with its initial FY25 projections falling short of the Street's expectations. The anticipated revenue is aligned with consensus while the implied margins are somewhat lower than anticipated.

  • Winnebago's performance fell short of expectations, accompanied by a new F2025 forecast. This conservative projection aligns with a current trend observed among executives in the RV, marine, and powersports industries to establish more cautious benchmarks amidst an unpredictable market climate.

Here are the latest investment ratings and price targets for $Winnebago Industries (WGO.US)$ from 4 analysts:

StockTodayLatestRating_mm_206241_20241024_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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