One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.

But what if you had the insights to effectively evaluate a company like Winnebago Industries, Inc. before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell Winnebago Industries, Inc.’s stock is to have the right tools and resources as well as a clear monitoring process.

In this article, we go over a few key elements for understanding Winnebago Industries, Inc.’s stock price such as:

• Current stock price and volume
• Stock price history
• Upgrades and downgrades from analysts
• Stock price momentum as measured by its relative strength

About Winnebago Industries, Inc. (WGO)

Before we jump into Winnebago Industries, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Winnebago Industries, Inc. is a manufacturer of recreation vehicles (RVs) and marine products with a diversified portfolio used primarily in leisure travel and outdoor recreational activities. The Company's segments include Towable (Grand Design towables and the Winnebago towables segments), Motorhome (Winnebago motorhomes and Newmar motorhomes segments), and Marine (Chris-Craft marine and Barletta marine segments). Towable is comprised of non-motorized products that are generally towed by another vehicle, along with other related manufactured products and services. Motorhome is comprised of products that include a motorized chassis, along with other related manufactured products and services. Marine is comprised of products that include boats, along with other related manufactured products and services. It produces its Towable units in Indiana, its Motorhome units in Iowa and Indiana, and its marine units in Indiana and Florida. The Company also offers diverse battery solutions.

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Winnebago Industries, Inc.’s Stock Price as of Market Close

As of June 05, 2023, 4:00 PM CST, Winnebago Industries, Inc.’s stock price was $57.51.

Winnebago Industries, Inc. is down 4.33% from its previous closing price of $60.11.

During the last market session, Winnebago Industries, Inc.’s stock traded between $57.28 and $60.14. Currently, there are 30.50 million shares of Winnebago Industries, Inc. stock available for purchase.

Winnebago Industries, Inc.’s price-earnings (P/E) ratio is currently at 6.4, which is low compared to the Recreational Products industry median of 10. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Winnebago Industries, Inc. Stock Price History

Winnebago Industries, Inc.’s (WGO) price is currently up 3.36% so far this month.

During the month of June, Winnebago Industries, Inc.’s stock price has reached a high of $60.14 and a low of $55.00.

Over the last year, Winnebago Industries, Inc. has hit prices as high as $70.53 and as low as $44.00. Year to date, Winnebago Industries, Inc.’s stock is down 23.24%.

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What Caused Winnebago Industries, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 02, 2023, there were 2 analysts who downgraded Winnebago Industries, Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Winnebago Industries, Inc.’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.

Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.

Winnebago Industries, Inc.’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Winnebago Industries, Inc. (WGO) by visiting AAII Stock Evaluator.

Relative Price Strength of Winnebago Industries, Inc.

Relative price strength addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.

As of June 02, 2023, Winnebago Industries, Inc. has a weighted four-quarter relative price strength of 1.20%, which translates to a Momentum Score of 74 and is considered to be Strong.

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Winnebago Industries, Inc. Stock Price: Bottom Line

As of June 5, 2023, Winnebago Industries, Inc.’s stock price is $57.51, which is down 4.33% from its previous closing price.

At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell Winnebago Industries, Inc.’s stock based on its stock price forecast is ultimately up to you.

It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.

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