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D.A. Davidson Maintains Winnebago Industries(WGO.US) With Hold Rating

Moomoo News ·  Oct 28 21:31  · Ratings

D.A. Davidson analyst Brandon Rolle maintains $Winnebago Industries (WGO.US)$ with a hold rating.

According to TipRanks data, the analyst has a success rate of 37.3% and a total average return of -6.2% over the past year.

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

  • Winnebago's Q4 outcomes fell short of expectations; however, the company demonstrated areas of strength, specifically in the RV and Marine retail sectors, along with ongoing adjustments to the dealer network. Additionally, Winnebago's inaugural financial projections for FY25 were introduced, which, while below analyst expectations, forecasted revenues in line with consensus and margins that were somewhat below anticipated levels.

  • Winnebago's recent performance fell short of expectations, with the company presenting a forward guidance up to 2025 that did not meet consensus forecasts. This cautious projection aligns with a trend observed among executives in the recreational vehicle, marine, and powersports sectors, who appear to be adjusting expectations amidst a landscape of uncertainty.

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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