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WGO
Winnebago Industries, Inc.NYSEConsumer DiscretionaryRecreational VehiclesSnapshot 2026-06-12
Watch· this month
$29.24+3.98%
Close 2026-06-12 · 1-day change
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
The bottom line
WGO's recent financial performance is neutral, while earnings quality is robust, indicating that cash backs up reported profits. Management's recent track record has been steady, and it has a capital-friendly stance. However, risk is elevated, and the sector backdrop is a headwind, which may impact performance compared to peers, where it is typical. Peer multiples imply a price about 24% above where it trades (it looks cheap on this basis); the read is fair. This assessment is provisional.
as of 2026-06-12
Quick facts
- Exchange
- NYSE
- Sector
- Consumer Discretionary
- Industry
- Recreational Vehicles
- Market cap
- $794.83M
- Employees
- 5,300
- IPO date
- 1994-01-11
- Next earnings
- 2026-06-25
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 7 valuation methods, at three horizons. Current price $29.24. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryfair
$38.65consensus
Range $32.37 – $77.38
vs price: -24% below
Method agreement — · 7 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$83.22consensus
Range $65.95 – $102.97
vs price: -65% below
Method agreement — · 5 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peershigh confidence
At $29 WGO trades at 15× p/e, below its 16× p/e peer median. Our $39 fair value sits above the price; high confidence. Not investment advice.
Multiple (P/E)
14.8x
peer 15.8x · own history 12.5x
Premium
0.9x peer
1.2x its own history
Growth the price needs
-24%
our forecast -4%
Our fair value
$38.65
range $32.37 – $76.85
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
fairfair12-month view
What's priced inJustified
The price implies about 24% below a flat-multiple fair value, below our forecast of about -4%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
No fragility gates fired.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
neutralOperating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated neutral grew net income 48% of the time over the next year (vs 64% for the rest of the cohort, n=3804).
47th pctl · Consumer Discretionary
Earnings quality
robustOver the trailing year it converted 3.77x of net income into operating cash flow. Historically, Consumer Discretionary names rated robust grew net income 65% of the time over the next year (vs 49% for the rest of the cohort, n=2427).
82nd pctl · Consumer Discretionary
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to real (inflation-adjusted) rates, the US dollar, long-term interest rates, Fed net liquidity.
Management & capital allocation
stableEarnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Strongly bearishEPS revised -4.8% / 30d, n=11for period ending 2026-08-31
Why this setup
Consensus revisions
EPS estimate $0.86 → $0.82 (-4.8% / 30d). 0 raised, 2 cut, 11 covering analysts.
Rating actions
0 upgrades, 1 downgrade / 30d, 0 maintained. 43% of analysts rate Buy.
Sector context
Intermediate · WeeklySector phase: consumer discretionary is in declining, with may be transitioning (~0.2 years in phase).
Sector regime (90d momentum): headwind.Secular epoch: Mature by revenue growth · theme e-commerce.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: neutral
- Capital allocation
- weak
- Earnings discipline
- neutral
- Margin discipline
- neutral
- Balance sheet
- strong
- Post-call reaction
- weak
A guidance track record builds as the company issues and delivers on guidance.
as of 2026-06-12
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$179.
How much price usually moves either way.
On a bad day, this stock has moved -$417.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,452.
Deepest peak-to-trough drop in the last year.
elevatedas of 2026-06-12
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- label change · valuation_labelsmall change
Valuation label changed from 'inexpensive' to 'fair'.
As of June 12, 2026, the valuation changed, moving from inexpensive to fair. Risk remained elevated, indicating ongoing concerns. The sector backdrop was noted as a headwind, suggesting challenges in the market environment. Overall, these changes reflect a shift in how WGO is perceived in terms of value and risk.
as of 2026-06-12
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- UpsideMedium confidenceQuartersactive 14d
Watch for operating income to improve in Q3
Why it matters: Better operating income means lower costs. This is key for making more money.
What confirms / what disproves
Confirms:Operating income improves by more than 10% in Q3 compared to last year.
Disproves:Operating income declines or stays flat in Q3 compared to last year.
Management priorities
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for WGO yet.
This sector is also watching
- Watch for consumer revenue growth dropping below median
- Watch for changes in unemployment claims on June 4
- Watch for retail sales data on June 17
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like BC, THO, and PII keep beating earnings and guiding higher, the Consumer Discretionary sector momentum should keep lifting WGO and other Consumer Discretionary names. Worth watching these names for early signals.
- If WGO raises forward guidance on the next earnings call (currently NEW as of 2026-03-25), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If WGO cuts guidance on the next call (currently NEW as of 2026-03-25), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like BC, THO, and PII start missing or guiding lower, the Consumer Discretionary tailwind helping WGO and other Consumer Discretionary names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits WGO and other Consumer Discretionary names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-011mo agoItem 5.02
Director — Emily R. Silver: Appointment of a new director to the Board.
Executive changeneutral
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
-6.1 vs last weeklatest as of 2026-06-13
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.