WGO Stock Summary and Trading Ideas (Winnebago Industries | NYSE:WGO)

Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $3.5 billion in fiscal 2023. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 79% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 39,447 in fiscal 2023. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.

Winnebago Industries trades on the NYSE stock market under the symbol WGO.

As of April 19, 2024, WGO stock price climbed to $62.54 with 440,030 million shares trading.

WGO has a beta of 1.69, meaning it tends to be more sensitive to market movements. WGO has a correlation of 0.34 to the broad based SPY ETF.

WGO has a market cap of $1.83 billion. This is considered a Small Cap stock.

Last quarter Winnebago Industries reported $704 million in Revenue and $.93 earnings per share. This fell short of revenue expectation by $-3 million and exceeded earnings estimates by $.08.

In the last 3 years, WGO stock traded as high as $85.06 and as low as $43.05.

The top ETF exchange traded funds that WGO belongs to (by Net Assets): IJR, VTI, CALF, IWM, SDVY.

WGO has underperformed the market in the last year with a price return of +8.5% while the SPY ETF gained +21.2%. WGO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.1% and -9.6%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

WGO support price is $60.09 and resistance is $62.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WGO stock will trade within this expected range on the day.