Winnebago Industries (WGO) AI Stock Analysis

• Market Cap: $1.03B
• Dividend Yield: 3.76%
• Average Volume (3M): 676.69K
• Price to Earnings (P/E): 40.1
• Beta (1Y): 1.10
• Revenue Growth: -5.90%
• EPS Growth: 119.79%
• Country: US
• Employees: 5,700
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Recreational Vehicles
• EPS (TTM): 0.71
• Shares Outstanding: 28,207,218
• 10 Day Avg. Volume: 547,230
• 30 Day Avg. Volume: 676,690
• PEG Ratio: 0.39
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 0.36
• P/FCF Ratio: 11.34
• Enterprise Value/Market Cap: 1.40
• Enterprise Value/Revenue: 0.52
• Enterprise Value/Gross Profit: 3.99
• Enterprise Value/Ebitda: 14.96
• 1Y Price Target: $40.33
• Price Target Upside: 10.68% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): 2.37
• Revenue Forecast (FY): $2.86B

• Rating: 62 Neutral
• Price Target: $35.00 ▼(-3.95% Downside)

Winnebago Industries' overall stock score is driven by a stable financial position and positive earnings call guidance, despite challenges in profitability and cash flow. Technical analysis and valuation suggest caution, with mixed momentum signals and a high P/E ratio. The company's strategic initiatives and return to positive cash flow are positive factors, but industry headwinds and tariff impacts remain concerns.

Positive Factors

Product Diversification

Winnebago's diversified product portfolio helps mitigate risks associated with specific market segments, ensuring stable revenue streams and resilience against market fluctuations.

Strategic Growth Initiatives

Revitalizing product lines and operational optimization are likely to enhance competitiveness and market position, driving long-term growth and profitability.

Improved Leverage Position

Reducing leverage enhances financial stability and flexibility, allowing Winnebago to invest in growth opportunities and withstand economic downturns.

Negative Factors

Inconsistent Revenue Growth

Inconsistent revenue growth and margin pressures can hinder long-term profitability and limit the company's ability to invest in strategic initiatives.

Declining RV Registrations

Declining RV registrations indicate potential demand challenges, which could impact sales and revenue growth in the coming months.

Tariff Challenges

Tariff challenges can increase costs and reduce competitiveness, impacting profitability and requiring strategic adjustments to supply chain management.

Winnebago Industries Business Overview & Revenue Model

Company Description

Winnebago Industries, Inc. manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates in six segments: Grand Design Towables, Winnebago Towables, Winnebago Motorhomes, Newmar motorhomes, Chris-Craft Marine, and Winnebago Specialty Vehicles. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names. The company also offers motorhomes, which are self-propelled mobile dwellings used primarily as temporary living quarters during vacation and camping trips, or to support active and mobile lifestyles under the Winnebago and Newmar brand names. In addition, it offers other specialty commercial vehicles for law enforcement command centers, mobile medical clinics, and mobile office spaces; commercial vehicles as bare shells to third-party up fitters; and boats in the recreational powerboat industry under the Chris-Craft and Barletta brand names. Further, the company is involved in the original equipment manufacturing of parts for other manufacturers and commercial vehicles. The company sells its products primarily through independent dealers in the United States, Canada, and internationally. Winnebago Industries, Inc. was incorporated in 1958 and is based in Forest City, Iowa.

How the Company Makes Money

Winnebago Industries generates revenue primarily through the sale of its RVs and related products. The company's core revenue streams include the sale of motorhomes, travel trailers, and fifth-wheel trailers, each targeting distinct segments of the RV market. Additionally, Winnebago earns income from the sale of parts and accessories, as well as from service and warranty programs offered to customers. Strategic partnerships with suppliers and dealers enable the company to expand its distribution network and enhance customer reach. Factors contributing to its earnings include strong demand for recreational vehicles, particularly during peak travel seasons, and an increasing trend of outdoor recreational activities among consumers.

Winnebago Industries Financial Statement Overview

Summary

Winnebago Industries exhibits a stable financial position with challenges in growth and profitability. The income statement shows mixed results with fluctuating revenue growth and pressured margins. The balance sheet is strong with reduced leverage, while cash flow analysis indicates potential issues in cash generation.

Income Statement

Winnebago Industries has shown a mixed performance in its income statement. The revenue growth rate has been inconsistent, with a recent slight increase of 2.06% after a significant decline in previous years. Gross profit and net profit margins have been under pressure, indicating challenges in maintaining profitability. However, the company has managed to maintain positive EBIT and EBITDA margins, which suggests operational efficiency.

Balance Sheet

The balance sheet of Winnebago Industries reflects a stable financial position with a declining debt-to-equity ratio, currently at 0.32, indicating reduced leverage. The return on equity has decreased over the years, suggesting a decline in profitability relative to shareholder equity. The equity ratio remains healthy, showcasing a strong capital structure.

Cash Flow

Cash flow analysis reveals challenges in free cash flow growth, which has been negative in recent periods. The operating cash flow to net income ratio indicates that the company is generating sufficient cash from operations relative to its net income. However, the free cash flow to net income ratio has been declining, suggesting potential issues in cash generation relative to earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.74B	2.80B	2.97B	3.49B	4.96B	3.63B
Gross Profit	360.10M	365.10M	433.50M	586.10M	929.34M	650.36M
EBITDA	96.00M	94.50M	118.10M	351.70M	609.69M	440.70M
Net Income	-17.10M	25.70M	13.00M	215.90M	390.60M	281.90M
Balance Sheet
Total Assets	2.13B	2.26B	2.38B	2.51B	2.48B	2.11B
Cash, Cash Equivalents and Short-Term Investments	10.50M	174.00M	330.90M	309.90M	282.17M	434.56M
Total Debt	580.90M	595.40M	741.80M	649.30M	598.66M	563.91M
Total Liabilities	916.80M	1.04B	1.11B	1.14B	1.22B	1.06B
Stockholders Equity	1.22B	1.22B	1.27B	1.37B	1.26B	1.06B
Cash Flow
Free Cash Flow	-52.20M	89.50M	98.90M	211.30M	312.65M	192.39M
Operating Cash Flow	-11.80M	128.90M	143.90M	294.50M	400.62M	237.28M
Investing Cash Flow	-35.00M	-34.80M	-45.90M	-170.00M	-315.67M	-33.01M
Financing Cash Flow	-260.80M	-251.00M	-77.00M	-96.80M	-237.34M	-62.28M

Winnebago Industries Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 36.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WGO, the sentiment is Positive. The current price of 36.44 is above the 20-day moving average (MA) of 35.11, above the 50-day MA of 34.36, and above the 200-day MA of 33.64, indicating a bullish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 57.16 is Neutral, neither overbought nor oversold. The STOCH value of 82.65 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WGO.

Winnebago Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LCII	77 Outperform	$2.80B	16.16	12.89%	3.98%	5.74%	39.40%
WGO	62 Neutral	$1.03B	40.13	2.06%	3.76%	-5.90%	119.79%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
THO	61 Neutral	$5.58B	21.89	6.19%	1.91%	-4.62%	-2.29%
HOG	60 Neutral	$3.08B	6.15	14.31%	2.92%	-15.99%	-6.76%
BC	52 Neutral	$4.33B	―	-12.31%	2.58%	-4.78%	-189.89%
PII	52 Neutral	$3.73B	―	-12.15%	4.04%	-9.39%	-173.86%

Winnebago Industries Corporate Events

Winnebago Industries Reports Strong Q4 2025 Results

Winnebago Industries, Inc. is a prominent North American manufacturer specializing in outdoor lifestyle products, including motorhomes, travel trailers, and marine products, known for its diverse brand portfolio and commitment to sustainable innovation.

Winnebago Industries’ Strong Q4 and Optimistic 2026 Outlook

Winnebago Industries’ recent earnings call painted a picture of resilience and strategic growth, despite facing several industry challenges. The company reported a robust fourth quarter performance, marking significant progress in its strategic initiatives and a return to positive cash flow. While the earnings call highlighted some hurdles, such as declining RV registrations and tariff impacts, the overall sentiment remained optimistic, with a strong focus on execution and strategic growth for the future.