Citi analyst James Hardiman has maintained their bullish stance on WGO stock, giving a Buy rating on October 15.
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James Hardiman has given his Buy rating due to a combination of factors that highlight Winnebago Industries’ strong financial performance and positive future outlook. The company reported fourth-quarter results that exceeded expectations, particularly in motorized shipments, which contributed significantly to revenue growth. Additionally, Winnebago ended the fiscal year with a healthy inventory position and provided guidance for fiscal year 2026 that surpassed market expectations, indicating confidence in future performance.
Moreover, the adjusted earnings per share for the fourth quarter showed a substantial year-over-year increase, outperforming both Hardiman’s and the consensus estimates. The company’s net sales also rose impressively, driven by robust motorhome and marine sales. These factors, along with improved inventory turnover rates and a promising outlook for industry shipments, underpin Hardiman’s optimistic view and support his Buy rating for Winnebago Industries.
In another report released on October 15, BMO Capital also maintained a Buy rating on the stock with a $40.00 price target.