Winnebago Industries Inc. (WGO) Plunges 5.44% on October 23

Equities Staff  |

Winnebago Industries Inc. (WGO) had a rough trading day for Friday October 23 as shares tumbled 5.44%, or a loss of $-2.78 per share, to close at $48.34. After opening the day at $51.49, shares of Winnebago Industries Inc. traded as high as $51.89 and as low as $46.98. Volume was 2.4 million shares over 20,532 trades, against an average daily volume of n/a shares and a total float of 33.7 million.

As a result of the decline, Winnebago Industries Inc. now has a market cap of $1.63 billion. In the last year, shares of Winnebago Industries Inc. have traded between a range of $72.66 and $16.95, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Winnebago Industries Inc., check out Equities.com’s Stock Valuation Analysis report for WGO.

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Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, and parts and services. With headquarters in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $2 billion in fiscal 2019. Class A motor homes account for 21% of motorized unit sales, Class B about 37%, and Class C holds the rest. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 83% of unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 44,420 in fiscal 2019. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft and bought premium motorhome maker Newmar in November 2019.

Winnebago Industries Inc. is based out of Forest City, IA and has some 4,500 employees. Its CEO is Michael J. Happe.

Winnebago Industries Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Winnebago Industries Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: WGO’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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