Winnebago Financial Statements From 2010 to 2026
| WGO Stock | USD 46.09 0.37 0.81% |
Check Winnebago Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Winnebago Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Winnebago financial statements analysis is a perfect complement when working with Winnebago Industries Valuation or Volatility modules.
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Winnebago Industries Company Shares Outstanding Analysis
Winnebago Industries' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Winnebago Industries Shares Outstanding | 28.22 M |
Most of Winnebago Industries' fundamental indicators, such as Shares Outstanding, 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.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Winnebago Industries has 28.22 M of shares currently outstending. This is 84.59% lower than that of the Automobiles sector and 47.64% lower than that of the Consumer Discretionary industry. The shares outstanding for all United States stocks is 95.06% higher than that of the company.
Winnebago Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Winnebago Industries's current stock value. Our valuation model uses many indicators to compare Winnebago Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Winnebago Industries competition to find correlations between indicators driving Winnebago Industries's intrinsic value. More Info.Winnebago Industries is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.69 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Winnebago Industries is roughly 1.45 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Winnebago Industries' earnings, one of the primary drivers of an investment's value.About Winnebago Industries Financial Statements
Winnebago Industries investors utilize fundamental indicators, such as revenue or net income, to predict how Winnebago Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Winnebago Industries, Inc. manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. Winnebago Industries, Inc. was incorporated in 1958 and is based in Forest City, Iowa. Winnebago Industries operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. It employs 7445 people.
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 against Winnebago Stock
| 0.54 | GLABF | Gemina Laboratories | PairCorr |
| 0.42 | ZTLLF | Zonetail | PairCorr |
| 0.39 | 600006 | Dongfeng Automobile | PairCorr |
| 0.35 | 000572 | Haima Automobile | PairCorr |
| 0.34 | NIO | Nio Class A | PairCorr |
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.Check out the analysis of Winnebago Industries Correlation against competitors. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.
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.