Winnebago Industries Stock Beta

WGO Stock

USD 48.39 1.51 3.22%

Winnebago Industries fundamentals help investors to digest information that contributes to Winnebago Industries' financial success or failures. It also enables traders to predict the movement of Winnebago Stock. The fundamental analysis module provides a way to measure Winnebago Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Winnebago Industries stock.

Short Long Term Debt Total Total Assets

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Winnebago Industries Company Beta Analysis

Winnebago Industries' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Winnebago Industries Beta

1.61

Most of Winnebago Industries' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Winnebago Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Winnebago Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Winnebago Industries is extremely important. It helps to project a fair market value of Winnebago Stock properly, considering its historical fundamentals such as Beta. Since Winnebago Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Winnebago Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Winnebago Industries' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Short Term Investments	Common Stock	Intangible Assets	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Good Will	Net Tangible Assets	Total Permanent Equity	Capital Surpluse	Long Term Investments	Cash And Equivalents	Net Invested Capital	Short Long Term Debt	Net Working Capital	Capital Stock
Total Assets		1.0	0.9	0.96	0.9	1.0	0.98	0.13	0.95	0.62	0.34	0.98	-0.02	0.97	0.5	0.98	0.65	0.86	0.89	0.62	0.79	0.76	0.31	0.93	0.55
Total Stockholder Equity	1.0		0.89	0.97	0.88	0.99	0.98	0.12	0.94	0.61	0.33	0.98	-0.02	0.98	0.51	0.98	0.69	0.85	0.87	0.62	0.78	0.77	0.29	0.92	0.56
Net Debt	0.9	0.89		0.87	0.81	0.9	0.81	0.36	0.81	0.61	0.29	0.95	0.08	0.89	0.62	0.96	0.37	0.9	0.74	0.62	0.51	0.67	0.46	0.72	0.57
Retained Earnings	0.96	0.97	0.87		0.79	0.95	0.95	0.13	0.87	0.59	0.44	0.92	-0.17	0.98	0.61	0.93	0.75	0.78	0.78	0.61	0.71	0.76	0.25	0.87	0.63
Net Receivables	0.9	0.88	0.81	0.79		0.92	0.89	0.2	0.95	0.76	0.39	0.92	-0.08	0.78	0.29	0.9	0.39	0.91	0.91	0.73	0.72	0.57	0.43	0.83	0.34
Total Liab	1.0	0.99	0.9	0.95	0.92		0.98	0.15	0.96	0.62	0.35	0.99	-0.02	0.95	0.49	0.98	0.61	0.87	0.9	0.62	0.8	0.74	0.33	0.92	0.54
Total Current Assets	0.98	0.98	0.81	0.95	0.89	0.98		0.05	0.96	0.58	0.34	0.94	-0.07	0.95	0.45	0.93	0.74	0.79	0.9	0.6	0.86	0.74	0.24	0.96	0.53
Short Term Debt	0.13	0.12	0.36	0.13	0.2	0.15	0.05		0.07	0.19	0.13	0.2	0.0	0.12	0.11	0.22	-0.2	0.31	0.02	0.19	-0.19	0.08	0.94	-0.03	0.17
Accounts Payable	0.95	0.94	0.81	0.87	0.95	0.96	0.96	0.07		0.64	0.3	0.94	-0.01	0.87	0.33	0.93	0.57	0.85	0.94	0.62	0.81	0.6	0.3	0.92	0.41
Short Term Investments	0.62	0.61	0.61	0.59	0.76	0.62	0.58	0.19	0.64		0.51	0.65	-0.34	0.53	0.18	0.65	0.21	0.79	0.61	0.94	0.39	0.4	0.37	0.51	0.14
Common Stock	0.34	0.33	0.29	0.44	0.39	0.35	0.34	0.13	0.3	0.51		0.32	-0.85	0.27	0.24	0.33	0.18	0.38	0.35	0.5	0.26	0.32	0.15	0.31	0.26
Intangible Assets	0.98	0.98	0.95	0.92	0.92	0.99	0.94	0.2	0.94	0.65	0.32		0.04	0.94	0.48	1.0	0.51	0.92	0.89	0.64	0.73	0.74	0.38	0.88	0.51
Treasury Stock	-0.02	-0.02	0.08	-0.17	-0.08	-0.02	-0.07	0.0	-0.01	-0.34	-0.85	0.04		0.03	-0.02	0.02	-0.14	-0.04	0.0	-0.28	0.01	0.03	0.01	0.0	0.08
Property Plant Equipment	0.97	0.98	0.89	0.98	0.78	0.95	0.95	0.12	0.87	0.53	0.27	0.94	0.03		0.6	0.94	0.74	0.78	0.79	0.56	0.75	0.81	0.24	0.89	0.64
Current Deferred Revenue	0.5	0.51	0.62	0.61	0.29	0.49	0.45	0.11	0.33	0.18	0.24	0.48	-0.02	0.6		0.51	0.45	0.41	0.2	0.28	0.19	0.49	-0.05	0.34	0.75
Good Will	0.98	0.98	0.96	0.93	0.9	0.98	0.93	0.22	0.93	0.65	0.33	1.0	0.02	0.94	0.51		0.52	0.91	0.87	0.64	0.69	0.72	0.38	0.86	0.52
Net Tangible Assets	0.65	0.69	0.37	0.75	0.39	0.61	0.74	-0.2	0.57	0.21	0.18	0.51	-0.14	0.74	0.45	0.52		0.29	0.48	0.29	0.7	0.61	-0.14	0.72	0.54
Total Permanent Equity	0.86	0.85	0.9	0.78	0.91	0.87	0.79	0.31	0.85	0.79	0.38	0.92	-0.04	0.78	0.41	0.91	0.29		0.79	0.73	0.54	0.6	0.48	0.72	0.4
Capital Surpluse	0.89	0.87	0.74	0.78	0.91	0.9	0.9	0.02	0.94	0.61	0.35	0.89	0.0	0.79	0.2	0.87	0.48	0.79		0.61	0.88	0.68	0.27	0.94	0.3
Long Term Investments	0.62	0.62	0.62	0.61	0.73	0.62	0.6	0.19	0.62	0.94	0.5	0.64	-0.28	0.56	0.28	0.64	0.29	0.73	0.61		0.43	0.48	0.33	0.55	0.29
Cash And Equivalents	0.79	0.78	0.51	0.71	0.72	0.8	0.86	-0.19	0.81	0.39	0.26	0.73	0.01	0.75	0.19	0.69	0.7	0.54	0.88	0.43		0.77	0.03	0.95	0.34
Net Invested Capital	0.76	0.77	0.67	0.76	0.57	0.74	0.74	0.08	0.6	0.4	0.32	0.74	0.03	0.81	0.49	0.72	0.61	0.6	0.68	0.48	0.77		0.16	0.81	0.54
Short Long Term Debt	0.31	0.29	0.46	0.25	0.43	0.33	0.24	0.94	0.3	0.37	0.15	0.38	0.01	0.24	-0.05	0.38	-0.14	0.48	0.27	0.33	0.03	0.16		0.18	0.08
Net Working Capital	0.93	0.92	0.72	0.87	0.83	0.92	0.96	-0.03	0.92	0.51	0.31	0.88	0.0	0.89	0.34	0.86	0.72	0.72	0.94	0.55	0.95	0.81	0.18		0.44
Capital Stock	0.55	0.56	0.57	0.63	0.34	0.54	0.53	0.17	0.41	0.14	0.26	0.51	0.08	0.64	0.75	0.52	0.54	0.4	0.3	0.29	0.34	0.54	0.08	0.44

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Winnebago Industries

In accordance with the recently published financial statements, Winnebago Industries has a Beta of 1.613. This is 92.02% higher than that of the Automobiles sector and 7.53% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.

Winnebago Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Winnebago Industries' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Winnebago Industries could also be used in its relative valuation, which is a method of valuing Winnebago Industries by comparing valuation metrics of similar companies.

Winnebago Industries is currently under evaluation in beta category among its peers.

Winnebago Industries ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Winnebago Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Winnebago Industries' managers, analysts, and investors.

Environmental

Governance

Social

Winnebago Industries Institutional Holders

Institutional Holdings refers to the ownership stake in Winnebago Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Winnebago Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Winnebago Industries' value.

		Shares
Jpmorgan Chase & Co	2024-09-30	855.5 K
Bank Of Montreal	2024-09-30	810 K
Bmo Capital Markets Corp.	2024-09-30	810 K
Alliancebernstein L.p.	2024-09-30	697.7 K
Geode Capital Management, Llc	2024-09-30	661.2 K
Broad Peak Investment Advisers Pte. Ltd.	2024-09-30	577.5 K
Charles Schwab Investment Management Inc	2024-09-30	574.9 K
William Blair Investment Management, Llc	2024-09-30	483.9 K
Millennium Management Llc	2024-09-30	476.2 K
Blackrock Inc	2024-09-30	4.5 M
Vanguard Group Inc	2024-09-30	2.1 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Winnebago Industries will likely underperform.

Winnebago Fundamentals

	Return On Equity	0.0098
	Return On Asset	0.0339
	Profit Margin	0 %
	Operating Margin	0.02 %
	Current Valuation	1.81 B
	Shares Outstanding	28.4 M
	Shares Owned By Insiders	3.29 %
	Shares Owned By Institutions	96.71 %
	Number Of Shares Shorted	4.25 M
	Price To Earning	4.94 X
	Price To Book	1.07 X
	Price To Sales	0.46 X
	Revenue	2.97 B
	Gross Profit	433.5 M
	EBITDA	118.1 M
	Net Income	13 M
	Cash And Equivalents	309.9 M
	Cash Per Share	9.25 X
	Total Debt	741.8 M
	Debt To Equity	0.47 %
	Current Ratio	2.10 X
	Book Value Per Share	44.21 X
	Cash Flow From Operations	143.9 M
	Short Ratio	6.16 X
	Earnings Per Share	(0.61) X
	Price To Earnings To Growth	0.18 X
	Target Price	62.92
	Number Of Employees	5.7 K
	Beta	1.61
	Market Capitalization	1.37 B
	Total Asset	2.38 B
	Retained Earnings	1.72 B
	Working Capital	584 M
	Current Asset	280.59 M
	Current Liabilities	92.95 M
	Annual Yield	0.03 %
	Five Year Return	1.01 %
	Net Asset	2.38 B

About Winnebago Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Winnebago Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Winnebago Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Winnebago Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Winnebago Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Winnebago Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Winnebago Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Winnebago Stock

0.8	VC	Visteon Corp	Pair Corr
0.89	BWA	BorgWarner Earnings Call This Week	Pair Corr

Moving against Winnebago Stock

0.92	INVZ	Innoviz Technologies	Pair Corr
0.88	LCID	Lucid Group	Pair Corr
0.67	DAN	Dana Inc Trending	Pair Corr
0.63	RIVN	Rivian Automotive	Pair Corr
0.54	APTV	Aptiv PLC	Pair Corr

The ability to find closely correlated positions to Winnebago Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Winnebago Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Winnebago Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Winnebago Industries to buy it.

The correlation of Winnebago Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Winnebago Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Winnebago Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Winnebago Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Winnebago Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Winnebago Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Winnebago Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Winnebago Industries Stock:

How To Invest In Winnebago

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Is Winnebago Stock a good investment?

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What is Winnebago Industries' Net Worth?

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Largest Automobile Manufacturers Companies

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Largest Automobiles & Components Companies

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Check out Winnebago Industries Piotroski F Score and Winnebago Industries Altman Z Score analysis.

To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Winnebago Industries. If investors know Winnebago will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Winnebago Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.44)

Earnings Share

(0.61)

Revenue Per Share

101.832

Quarterly Revenue Growth

(0.07)

Return On Assets

0.0339

The market value of Winnebago Industries is measured differently than its book value, which is the value of Winnebago that is recorded on the company's balance sheet. Investors also form their own opinion of Winnebago Industries' value that differs from its market value or its book value, called intrinsic value, which is Winnebago Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Winnebago Industries' market value can be influenced by many factors that don't directly affect Winnebago Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Winnebago Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Winnebago Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Winnebago Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Winnebago Industries Stock Beta

Winnebago Industries Company Beta Analysis

Beta

Covariance

Variance

Current Winnebago Industries Beta

Winnebago Beta Driver Correlations

Winnebago Beta Peer Comparison

Winnebago Industries ESG Sustainability

Winnebago Industries Institutional Holders

Winnebago Fundamentals

About Winnebago Industries Fundamental Analysis

Pair Trading with Winnebago Industries

Moving together with Winnebago Stock

Moving against Winnebago Stock

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