THOR Industries (NYSE:THO) Releases FY 2025 Earnings Guidance

THOR Industries (NYSE:THO) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.000-5.000 for the period, compared to the consensus estimate of 4.860. The company issued revenue guidance of $9.0 billion-$9.8 billion, compared to the consensus revenue estimate of $9.6 billion.

THOR Industries Price Performance

Shares of NYSE:THO opened at $108.49 on Wednesday. The company has a 50 day moving average of $109.28 and a 200 day moving average of $102.65. The stock has a market cap of $5.76 billion, a P/E ratio of 22.01 and a beta of 1.67. THOR Industries has a 12 month low of $88.37 and a 12 month high of $129.31. The company has a current ratio of 1.69, a quick ratio of 0.82 and a debt-to-equity ratio of 0.27.

THOR Industries (NYSE:THO) last issued its quarterly earnings data on Tuesday, September 24th. The construction company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.35 by $0.33. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.47 billion. THOR Industries had a net margin of 2.64% and a return on equity of 7.02%. THOR Industries’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.68 earnings per share. As a group, sell-side analysts forecast that THOR Industries will post 4.85 EPS for the current fiscal year.

THOR Industries Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were issued a dividend of $0.50 per share. This is a positive change from THOR Industries’s previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend was Friday, November 1st. THOR Industries’s dividend payout ratio is currently 40.57%.

Analysts Set New Price Targets

THO has been the subject of several research reports. Citigroup upped their price objective on shares of THOR Industries from $119.00 to $124.00 and gave the stock a “buy” rating in a report on Thursday, September 26th. Benchmark restated a “hold” rating on shares of THOR Industries in a report on Tuesday. Truist Financial upped their price objective on shares of THOR Industries from $95.00 to $105.00 and gave the stock a “hold” rating in a report on Friday, September 20th. DA Davidson restated a “neutral” rating and issued a $95.00 price objective on shares of THOR Industries in a report on Monday, September 30th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $120.00 target price on shares of THOR Industries in a research report on Thursday, September 19th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, THOR Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.80.

Insider Activity

In other news, VP Colleen A. Zuhl sold 4,354 shares of the stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $115.00, for a total value of $500,710.00. Following the transaction, the vice president now owns 131,905 shares in the company, valued at $15,169,075. This represents a 3.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 4.50% of the company’s stock.

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.