THOR Industries (NYSE:THO) Issues Quarterly Earnings Results

THOR Industries (NYSE:THO) posted its quarterly earnings data on Wednesday. The construction company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.08), Zacks reports. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.98 billion. THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. THOR Industries’s revenue for the quarter was down 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 earnings per share. THOR Industries updated its FY 2025 guidance to 3.300-4.000 EPS and its FY25 guidance to $3.30-4.00 EPS.

THOR Industries Stock Down 14.5 %

Shares of THOR Industries stock opened at $81.47 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.71. THOR Industries has a 52-week low of $78.88 and a 52-week high of $118.85. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of 20.84, a P/E/G ratio of 1.16 and a beta of 1.69. The company’s 50 day moving average price is $99.81 and its 200-day moving average price is $104.20.

THOR Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, January 6th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.45%. The ex-dividend date of this dividend was Monday, January 6th. THOR Industries’s dividend payout ratio is 51.15%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on THO shares. Truist Financial upped their target price on THOR Industries from $98.00 to $110.00 and gave the stock a “hold” rating in a research note on Monday, February 10th. StockNews.com raised shares of THOR Industries from a “sell” rating to a “hold” rating in a research note on Thursday, February 27th. Benchmark reiterated a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Finally, Bank of America raised shares of THOR Industries from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $110.00 to $125.00 in a research note on Monday. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $114.00.

THOR Industries Company Profile

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.