Winnebago director Kevin Bryant buys $143,304 in stock

Published 02/04/2025, 17:08
Winnebago director Kevin Bryant buys $143,304 in stock

Kevin E. Bryant, a director at Winnebago Industries Inc . (NYSE:WGO), recently made a notable purchase of the company’s stock, as shares trade near their 52-week low of $33.59 and have declined about 40% over the past six months. According to a recent SEC filing, Bryant acquired 4,200 shares of Winnebago’s common stock on March 31, 2025. The shares were purchased at a weighted average price of $34.12 per share, resulting in a total transaction value of approximately $143,304. Following this acquisition, Bryant’s total direct ownership in the company now stands at 13,755 shares. This transaction was executed in multiple trades, with purchase prices ranging from $33.84 to $34.43 per share. InvestingPro analysis indicates the stock is currently undervalued, with analyst price targets ranging from $38 to $77 per share. The company maintains strong liquidity with a current ratio of 2.17, and management has been actively buying back shares.Discover 14 additional key insights about Winnebago, including detailed Fair Value analysis and comprehensive financial health metrics, exclusively available through InvestingPro’s in-depth research reports.

In other recent news, Winnebago Industries reported its second-quarter fiscal 2025 earnings, which exceeded analysts’ expectations with an earnings per share (EPS) of $0.19, slightly above the forecast of $0.18. However, the company’s revenue came in slightly below expectations at $620.2 million, compared to the forecast of $621.41 million. Following the earnings release, several financial firms adjusted their outlooks on Winnebago. DA Davidson revised its price target down to $42, citing weakened retail and dealer demand, while maintaining a Neutral rating. BMO Capital Markets also lowered its price target to $60 but retained an Outperform rating, highlighting Winnebago’s innovative product strategies amidst macroeconomic challenges. Truist Securities cut its price target to $50 while maintaining a Buy rating, interpreting the company’s updated guidance as a cautious approach in a challenging consumer environment. KeyBanc reaffirmed its Overweight rating with a $47 price target, noting Winnebago’s strong inventory position and positive reception of new products. These developments reflect the mixed reactions from analysts despite the company’s better-than-expected earnings performance.

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