THOR Industries (NYSE:THO) Issues FY25 Earnings Guidance

THOR Industries (NYSE:THO) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $3.30-4.00 for the period, compared to the consensus EPS estimate of $4.41. The company issued revenue guidance of $9.0-9.5 billion, compared to the consensus revenue estimate of $9.44 billion. THOR Industries also updated its FY 2025 guidance to 3.300-4.000 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on THO. Benchmark restated a “hold” rating on shares of THOR Industries in a report on Tuesday, December 3rd. Bank of America upgraded shares of THOR Industries from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $110.00 to $125.00 in a report on Monday. Truist Financial raised their target price on shares of THOR Industries from $98.00 to $110.00 and gave the stock a “hold” rating in a report on Monday, February 10th. Robert W. Baird dropped their price target on THOR Industries from $110.00 to $100.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, StockNews.com raised THOR Industries from a “sell” rating to a “hold” rating in a research note on Thursday, February 27th. Four 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.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $112.33.

THOR Industries Trading Down 14.5 %

NYSE THO opened at $81.47 on Thursday. The firm’s 50 day moving average price is $99.81 and its two-hundred day moving average price is $104.20. The stock has a market cap of $4.34 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 1.16 and a beta of 1.69. THOR Industries has a twelve month low of $78.88 and a twelve month high of $118.85. 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 (NYSE:THO) last issued its quarterly earnings results on Wednesday, March 5th. The construction company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.08). The business had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.98 billion. THOR Industries had a net margin of 2.17% and a return on equity of 5.97%. The business’s quarterly revenue was down 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.13 EPS. Equities analysts anticipate that THOR Industries will post 4.64 EPS for the current year.

THOR Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, January 6th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend was Monday, January 6th. THOR Industries’s payout ratio is presently 51.15%.

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.