Baird analyst Craig Kennison maintains $Winnebago Industries (WGO.US)$ with a buy rating, and adjusts the target price from $70 to $64.
According to TipRanks data, the analyst has a success rate of 47.8% and a total average return of 3.7% over the past year.
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 anticipations, yet the report highlighted some positive aspects, such as the robust performance in RV and Marine retail sectors and ongoing dealer channel optimization. Additionally, Winnebago has presented its financial forecasts for the first time. Despite this inaugural FY25 projection being somewhat underwhelming in comparison to market expectations, with revenues aligning closely with consensus and suggested margins being somewhat lower than anticipated.
Winnebago's recent performance fell short of expectations, accompanied by a new F2025 guidance that did not meet consensus estimates. This cautious and below-consensus outlook is consistent with the current trend observed among executives in the RV, marine, and powersports industries to recalibrate expectations amidst an uncertain market climate.
Note:
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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.
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