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KeyBanc Capital Markets Upgrades Winnebago Industries, Inc (WGO) to an Overweight from a Sector weight

In a filing, Winnebago Industries, Inc revealed its Former Director MOSS RICHARD D acquired Company’s shares for reported $0.2 million on Dec 26 ’24. In the deal valued at $47.96 per share,4,159 shares were bought.

Then, Woodson Bret A bought 12,187 shares, generating $698,924 in total proceeds.

Before that, Woodson Bret A sold 12,187 shares. Winnebago Industries, Inc shares valued at $690,272 were divested by the SVP-HUMAN RESOURCES at a price of $56.64 per share. As a result of the transaction, Woodson Bret A now holds 23,728 shares, worth roughly $1.1 million.

KeyBanc Capital Markets upgraded its Winnebago Industries, Inc [WGO] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who increased its forecast for the stock in mid November from “a Neutral” to “a Buy”. The Benchmark Company began covering WGO with “Buy” recommendation on July 18, 2024. DA Davidson maintained its rating on December 26, 2023. It rated WGO as “a Neutral”.

Price Performance Review of WGO

On Friday, Winnebago Industries, Inc [NYSE:WGO] saw its stock fall -4.27% to $46.40. Over the last five days, the stock has lost -3.63%. Winnebago Industries, Inc shares have fallen nearly -2.89% since the year began. Nevertheless, the stocks have fallen -31.92% over the past one year. While a 52-week high of $74.10 was reached on 01/06/25, a 52-week low of $45.44 was recorded on 01/10/25. SMA at 50 days reached $55.45, while 200 days put it at $58.40.

Levels Of Support And Resistance For WGO Stock

The 24-hour chart illustrates a support level at 45.63, which if violated will result in even more drops to 44.85. On the upside, there is a resistance level at 47.23. A further resistance level may holdings at 48.05. The Relative Strength Index (RSI) on the 14-day chart is 33.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.01%. Stochastics %K at 24.42% indicates the stock is a holding.

How much short interest is there in Winnebago Industries, Inc?

A steep rise in short interest was recorded in Winnebago Industries, Inc stocks on 2024-11-29, dropping by -0.4 million shares to a total of 4.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 4.65 million shares. There was a decline of -9.35%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 18, 2023 when ROTH MKM resumed its ‘”a Neutral”‘ rating for the stock and retained the price target to $70.

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