THOR Industries (NYSE:THO) Issues FY25 Earnings Guidance

THOR Industries (NYSE:THO) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $4.00-5.00 for the period, compared to the consensus EPS estimate of $5.85. The company issued revenue guidance of $9.0-9.8 billion, compared to the consensus revenue estimate of $10.14 billion. THOR Industries also updated its FY 2025 guidance to 4.000-5.000 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Robert W. Baird reduced their target price on shares of THOR Industries from $120.00 to $110.00 and set an outperform rating on the stock in a research report on Thursday, June 6th. Truist Financial upped their target price on shares of THOR Industries from $95.00 to $105.00 and gave the stock a hold rating in a research report on Friday, September 20th. Benchmark assumed coverage on shares of THOR Industries in a research report on Thursday, July 18th. They set a hold rating on the stock. Citigroup upped their target price on shares of THOR Industries from $119.00 to $124.00 and gave the stock a buy rating in a research report on Thursday. Finally, BMO Capital Markets reissued an outperform rating and set a $120.00 price target on shares of THOR Industries in a research note on Thursday, September 19th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus target price of $114.75.

THOR Industries Trading Up 1.8 %

THO opened at $108.32 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.69 and a quick ratio of 0.74. The company has a market cap of $5.76 billion, a price-to-earnings ratio of 21.97 and a beta of 1.67. The firm has a 50 day simple moving average of $102.83 and a 200 day simple moving average of $101.31. THOR Industries has a fifty-two week low of $84.54 and a fifty-two week high of $129.31.

THOR Industries (NYSE:THO) last issued its earnings results on Tuesday, September 24th. The construction company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.35 by $0.33. THOR Industries had a net margin of 2.64% and a return on equity of 7.02%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter in the prior year, the firm earned $1.68 earnings per share. The business’s quarterly revenue was down 7.4% on a year-over-year basis. On average, sell-side analysts anticipate that THOR Industries will post 4.5 earnings per share for the current year.

About THOR Industries

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.