Is Winnebago Steering Toward A Turnaround? Analysts Are Split
Shares of Winnebago Industries Inc (NYSE:WGO) remained under pressure on Monday, after the company reported a higher-than-expected loss for the first quarter.
Here are some key analyst takeaways.
- Roth Capital Partners analyst Scott Stember reiterated a Neutral rating and price target of $56.
- BMO Capital Partners analyst Tristan Thomas-Martin maintained an Outperform rating and price target of $70.
- Truist Securities analyst Michael Swartz reaffirmed a Buy rating and price target of $64.
- Benchmark analyst Michael Albanese reiterated a Buy rating and price target of $70.
Check out other analyst stock ratings.
Roth Capital Partners: Winnebago reiterated the midpoint of its fiscal 2025 earnings guidance, Stember said in a note. The company indicated prospects of the RV (recreational vehicle) environment becoming brighter, with monthly improvements in trend from October into November and the first two weeks of December showing year-on-year growth, he added.
“While encouraging, we note that December tends to be among the lowest selling volume months of the year, so one should be careful in drawing conclusions at this time,” the analyst wrote. Although Winnebago would likely be “among the first …
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