Since I went and checked, I post it fwiw:
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Stock Analysis of Winnebago Ind
Thank you for requesting an analysis of Winnebago Ind from VectorVest ProGraphics. The ticker
symbol for Winnebago Ind is WGO. WGO is traded on the New York Stock Exchange and options
are available on this stock.
PRICE: WGO closed on 09/28/1999 at $23.19 per share.
VALUE: WGO has a Value of $44.2 per share. Value is the foundation of the VectorVest system.
It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth
rate, dividend payments, dividend growth rate, and financial performance. Current interest and
inflation rates also play an important role in the computation of Value. When interest and/or inflation
rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner
or later a stock's Price and Value always converge.
RV (Relative Value): WGO has an RV of 1.45. On a scale of 0.00 to 2.00, an RV of 1.45 is
excellent. RV reflects the long-term price appreciation potential of the stock compared to an
alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive
upside potential. A stock will have an RV greater than 1.00 when its Value is greater than Price, and
its Relative Safety (see below) and forecasted earnings growth rate are above average. In some
cases, however, a stock's RV will be above 1.00 even though its Value is well below Price. This
happens when a stock has an exemplary record of financial performance and an above average
earnings growth rate. In this case, the stock is currently selling at a premium, and the investor is
banking on future earnings growth to drive the stock's price higher. This information is very useful not
only in knowing whether or not a stock has favorable price appreciation potential, but it also solves
the riddle of whether to buy high growth, high P/E, or low growth, low P/E stocks.
We believe that RV ratings above 1.00 are required to consistently achieve above average capital
gains in the stock market.
RS (Relative Safety): WGO has an RS rating of 0.95. On a scale of 0.00 to 2.00, an RS of 0.95
is fair. VectorVest looks at safety from the viewpoint of an equity investor (one who is buying stock
of a company) rather than that of a purchaser of debt (one who is lending money to the company).
From this perspective, consistency of financial and operating performance, stock price appreciation
history, and price volatility are the key factors used in the evaluation of Relative Safety (RS). Debt to
equity ratio, capitalization, sales volume, business longevity and other factors are also considered, but
to a lesser degree.
VectorVest favors steady, predictable performers. All stocks are rated on a scale of 0.00 to 2.00. A
stock with an RS greater than 1.00 is safer and more predictable than the average of all stocks. A
stock with an RS less than 1.00 is less predictable and riskier than the average stock.
RT (Relative Timing): WGO has an RT rating of 0.78. On a scale of 0.00 to 2.00, an RT of
0.78 is poor. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction,
magnitude, and dynamics of a stock's price behavior over the last 13 weeks; then reflects and
projects the short-term price performance of the stock. Once a stock's Price has established a strong
trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate
towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When
warranted, it will explode from a Price low and dive from a Price high.
All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock's Price is in an uptrend.
Below 1.00, the stock's Price is in a downtrend.
VST-Vector (VST): WGO has a VST-Vector rating of 1.08. On a scale of 0.00 to 2.00, an
VST of 1.08 is fair. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks
with high RV values often have low RS values, or stocks withlow RV and RS values have high RT's.
How can we find the stocks with the best combinations of Value, Safety, and Timing?
The classic vector formula (square root of the sum of the squares) handles this problem. It combines
a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with
the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones
to own for above average capital application.
GRT (Growth Rate): WGO has a GRT of 21 % per year. This is excellent. GRT stands for
forecasted Earnings Growth Rate in percent per year. GRT is updated each week for every stock.
Watch GRT trends very carefully. If the GRT trend is up, the stock's Price will likely rise. If the GRT
trend is down, the stock's Price will increase more slowly, cease to increase, or subsequently fall.
Recommendation (REC): WGO has a Hold recommendation. REC reflects the cumulative
effect of all the VectorVest parameters working together. These parameters are designed to help
investors buy safe, undervalued stocks which are rising in price, and to avoid or sell risky, overvalued
stocks which are falling in price.
VectorVest is tuned to give an "H" or "B" signal when a stock's price is approximately 10% above a
recent low, and an "S" signal when the stock's price is approximately 10% below a recent high. High
RV, RS stocks are favored toward receiving "B" REC's, and sheltered from receiving "S" RECs.
STOP-PRICE: WGO has a Stop-Price of 22.90 per share. This is 0.29 or 1.3% belowits current
closing Price. VectorVest analyzes over 6,000 stocks each day for Value, Safety and Timing, and
calculates a Stop-Price for each stock. These Stop-Prices are based upon 13 week moving averages
of closing prices, and are fine-tuned according to each stock's fundamentals.
In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its
Stop-Price, and an "S" recommendation if its price is below its Stop-Price.
DIV (Dividend): WGO pays an annual dividend of 0.2 per share. VectorVest focuses on annual,
regular, cash dividends indicated by the most recent disbursement. Special distributions, one-time
payments, stock dividends, etc., generally are not included in Dividend (DIV).
DY (Dividend Yield): WGO has a DY of 0.9 percent. This is above the current market average
of percent. DY equals 100 x (DIV/PRICE), and is expressed as a percentage.
EY (Earnings Yield): WGO has an EY of 9.32%. This is above the current market average of %.
EY equals 100 x (EARNINGS PER SHARE/PRICE), and is expressed as a percentage.
EPS (Earnings Per Share): WGO has an EPS of $2.16 per share. EPS stands for leading 12
months Earnings Per Share. VectorVest determines this forecast from a combination of recent
earnings performance and traditional fiscal and/or calendar year earnings forecasts.
P/E (Price to Earnings Ratio): WGO has a P/E ratio of 10.73. This ratio is computed daily
based upon Price and EPS. P/E = Price/EPS.
GPE (Growth to P/E Ratio): WGO has a GPE of 1.96. This ratio suggests that This ratio
suggests that WGOis undervalued. Growth to P/E ratio is a popular measure of stock valuation which
compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is considered to be
undervalued when GPE is greater than 1.00, and vice-versa. VectorVest believes that RV is a much
better indicator of long-term value. The RV of 1.45 for WGOis excellent.
DS (Dividend Safety): WGO has a DS of 66. On a scale of 0 to 99, a DS of 66 is good. DS is
defined as the assurance that regular cash dividends will be declared and paid at current or at higher
rates for the foreseeable future. Stocks with DS values above 50 on a scale of 0 to 99 areabove
average in safety.
RISK (Dividend Risk): WGO has a Dividend Risk of Med. All stocks in the VectorVest system
that pay dividends are classified as having Low, Medium or High Dividend Risk (RISK). Stocks with
DS values above 50 are above average in safety. These stocks are classified as having LOW or
MEDIUM RISK. Stocks with DS values below 50 are below average in safety and are classified as
having HIGH Risk.
DG (Dividend Growth): WGO has a DG of -6 percent per year. Dividend Growth is a subtle
yet important indicator of a company's historical financial performance and the board's current
outlook on the future use of funds.
YSG-VECTOR (Yield-Safety-Growth Vector): WGO has a YSG-Vector of 0.67. On a
scale of 0.00 to 2.00, an YSG-Vector rating of 0.67 is poor. VectorVest combines Dividend
YIELD, SAFETY and GROWTH into a single parameter. YSG-Vector allows direct comparison of
all dividend paying stocks. Stocks with the highest YSG-Vector values have the best combinations of
Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income
and long-term growth.
VOL(100)s: WGO traded 90500 shares on 09/28/1999.
AVG VOL(100)s: WGO has an Average Volume of 93138. Average Volume is 50 day moving
average of daily volume as computed by VectorVest.
% VOL: WGO had a Volume change of -2.8% from its 50 day moving average volume.
OPEN: WGO opened trading at $25.00 per share on 09/28/1999.
HIGH: WGO traded at a high of $25.00 per share on 09/28/1999.
LOW: WGO traded at a low of $22.38 per share on 09/28/1999.
CLOSE: WGO Closed trading at $23.19 per share on 09/28/1999.
% PRC: WGO showed a Price change of -7.3% from the prior day's closing price.
INDUSTRY: WGOhas been assigned to the Building (Mobile\Mfg\RV) Group. VectorVest
classifies stocks into over 190 Industry Groups and 50 Business Sectors.
WGO has about average safety with well above average upside potential. It reflects a stock which is
likely to give well above average, relatively consistent returns over the long term.
The basic strategy of VectorVest is to buy low risk, high reward stocks. We suggest that Prudent
investors buy enough high Relative Value, high Relative Safety stocks to keep the overall RV and RS
ratings of their portfolios above 1.00. As you do this, you'll find that your risk will go down and your
investment performance will improve. Not a bad combination.
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