BMO, Truist cut Winnebago PT citing short-term setback

Winnebago Industries

26/06/2025 14:59

** Two brokerages cut their price target on RV maker Winnebago Industries WGO.N, as near-term headwinds linger for the co

** On Wednesday, co posted Q3 net income that fell short of analysts' estimates, but on an adjusted basis the profit per share was a beat

** BMO Capital Markets cuts 2026 EPS forecast to $2.50 from $2.70 on continued muted dealer ordering

** Adds co expects tariff pressures to persist into 2026, posing a potential diluted EPS risk of about $0.50–$0.75

** Truist Securities notes the reported quarter fell short of expectations, as already weak retail trends were made worse by co's decision to take short-term losses to support the long-term strength of its motorized business and dealer relationships

** Shares are up nearly 1% at $28 in early trade

** Eight of thirteen brokerages rate the stock "buy" or higher, five "hold"; their median PT is $36- data compiled by LSEG

** Including session moves, stocks are down 40.5% YTD

Brokerages
New PT
Old PT
Rating
BMO
$42
$50
Buy
Truist Securities
$36
$40
Outperform

 (Reporting by Apratim Sarkar)

 ((Apratim.Sarkar@thomsonreuters.com))