WGO Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Winnebago Industries Inc (WGO) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has shown revenue growth and hedge funds are increasing their positions, the technical indicators are weak, financial performance shows significant net income and EPS declines, and the options data suggests bearish sentiment. Analysts remain positive with raised price targets, but the lack of strong proprietary trading signals and the current market conditions do not support an immediate buy decision.
The MACD histogram is negative and expanding (-0.451), indicating bearish momentum. RSI is at 30.307, which is neutral but close to oversold territory. Moving averages are converging, showing no clear trend. The stock is trading near its S1 support level of 45.824, with resistance levels at 47.688 and 49.552.
Hedge funds are significantly increasing their positions, with a 2938.30% increase in buying over the last quarter. Analysts have raised price targets recently, with Citi increasing the target to $54 and maintaining a Buy rating.
Net income and EPS have dropped significantly (-205.77% and -205.56% YoY, respectively) in the latest quarter. Options data reflects bearish sentiment, and technical indicators do not show a strong upward trend. No recent congress trading data or significant insider activity.
In Q1 2026, revenue increased by 12.32% YoY to $702.7M, but net income dropped by -205.77% YoY to $5.5M, and EPS fell by -205.56% YoY to 0.19. Gross margin improved slightly to 11.9%, up 4.57% YoY.
Analysts are generally positive, with multiple firms raising price targets recently. Citi raised its target to $54 and Benchmark to $48, citing better-than-expected fiscal Q1 results and progress in margin recapture initiatives. However, DA Davidson maintains a Neutral rating despite raising its target to $40.
