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

THOR Industries (NYSE:THO) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.300-4.000 for the period, compared to the consensus estimate of 4.480. The company issued revenue guidance of $9.0 billion-$9.5 billion, compared to the consensus revenue estimate of $9.4 billion. THOR Industries also updated its FY25 guidance to $3.30-4.00 EPS.

THOR Industries Trading Down 14.5 %

Shares of NYSE THO opened at $81.47 on Thursday. The business’s 50 day moving average price is $99.81 and its 200-day moving average price is $104.20. THOR Industries has a fifty-two week low of $78.88 and a fifty-two week 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. The company 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 (NYSE:THO) last released its 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 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%. The business’s revenue for the quarter was down 8.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.13 EPS. On average, sell-side analysts expect that THOR Industries will post 4.64 earnings per share 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 issued a dividend of $0.50 per share. The ex-dividend date was Monday, January 6th. This represents a $2.00 dividend on an annualized basis and a yield of 2.45%. THOR Industries’s payout ratio is 51.15%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Benchmark reaffirmed a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Truist Financial raised their price objective on 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 research report on Thursday. StockNews.com upgraded shares of THOR Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 27th. Finally, Bank of America upgraded shares of THOR Industries from a “neutral” rating to a “buy” rating and boosted their price target for the company from $110.00 to $125.00 in a report on Monday. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, THOR Industries presently has a consensus rating of “Moderate Buy” and an average price target of $112.33.

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.