THOR Industries (NYSE:THO) Releases FY25 Earnings Guidance

THOR Industries (NYSE:THO) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $4.00-5.00 for the period, compared to the consensus estimate of $4.75. The company issued revenue guidance of $9.0-9.8 billion, compared to the consensus revenue estimate of $9.63 billion. THOR Industries also updated its FY 2025 guidance to 4.000-5.000 EPS.

THOR Industries Trading Down 2.2 %

Shares of THO stock opened at $108.49 on Wednesday. The firm has a 50 day moving average price of $109.28 and a two-hundred day moving average price of $102.65. The company has a quick ratio of 0.82, a current ratio of 1.69 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $5.76 billion, a PE 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.

THOR Industries (NYSE:THO) last issued its quarterly earnings data on Tuesday, September 24th. The construction company reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.33. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.47 billion. THOR Industries had a net margin of 2.64% and a return on equity of 7.02%. The business’s revenue for the quarter was down 7.4% compared to the same quarter last year. During the same period last year, the business posted $1.68 earnings per share. As a group, analysts predict that THOR Industries will post 4.85 earnings per share for the current year.

THOR Industries Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.84%. This is an increase from THOR Industries’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Friday, November 1st. THOR Industries’s payout ratio is presently 40.57%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Citigroup lifted their price target on shares of THOR Industries from $119.00 to $124.00 and gave the company a “buy” rating in a research report on Thursday, September 26th. BMO Capital Markets reissued an “outperform” rating and issued a $120.00 price objective on shares of THOR Industries in a research note on Thursday, September 19th. Truist Financial lifted their price objective on shares of THOR Industries from $95.00 to $105.00 and gave the company a “hold” rating in a research note on Friday, September 20th. DA Davidson reissued a “neutral” rating and issued a $95.00 price objective on shares of THOR Industries in a research note on Monday, September 30th. Finally, Benchmark reissued a “hold” rating on shares of THOR Industries in a research note on Tuesday. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $110.80.

Insiders Place Their Bets

In other THOR Industries news, VP Colleen A. Zuhl sold 4,354 shares of the business’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $115.00, for a total transaction of $500,710.00. Following the sale, the vice president now owns 131,905 shares of the company’s stock, valued at approximately $15,169,075. The trade was a 3.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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.