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Winnebago Industries, Inc. (WGO) Stock: What Does the Chart Say Thursday?

Thursday, November 16, 2023 12:54 PM | InvestorsObserver Analysts

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Winnebago Industries, Inc. (WGO) Stock: What Does the Chart Say Thursday?

Winnebago Industries, Inc. (WGO) stock is up 7.63% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Winnebago Industries, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WGO!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With WGO Stock Today?

Winnebago Industries, Inc. (WGO) stock has fallen -2.72% while the S&P 500 is higher by 0.03% as of 12:30 PM on Thursday, Nov 16. WGO is lower by -$1.80 from the previous closing price of $66.25 on volume of 125,488 shares. Over the past year the S&P 500 is up 12.83% while WGO is higher by 11.18%. WGO earned $6.23 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.37. To screen for more stocks like Winnebago Industries, Inc. click here.

More About Winnebago Industries, Inc.

Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $3.6 billion in fiscal 2021. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 85% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 71,015 in fiscal 2021. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. Click Here to get the full Stock Report for Winnebago Industries, Inc. stock.

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