The price of WGO is predicted to go up 5.07%, based on the high correlation periods with MLEC. The similarity of these two price pattern on the periods is 92.65%.
WGO
MLEC
The Grand Design acquisition materially raised Winnebago's operating margin, and future deals could do the same.
The company's strong balance sheet provides financial strength and flexibility to withstand cyclical downturns.
Because RV consumers are relatively affluent, rising gas prices would probably not hinder a consumer's ability to purchase a motor home. A 2016 study by travel consulting firm PKF Consulting found that for a family of four, gas prices would have to exceed $12 a gallon to make RV travel more expensive than other forms of travel.
Truist Securities
2025-02-10
Price Target
$56 → $58
Upside
+28.6%
Keybanc
2025-01-08
Price Target
$58
Upside
+19.66%
Truist Securities
2025-01-07
Price Target
$64 → $56
Upside
+17.77%