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

THOR Industries (NYSE:THO - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 3.300-4.000 for the period, compared to the consensus EPS 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 Trading Down 4.6 %

NYSE THO opened at $95.08 on Wednesday. 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 stock's 50 day moving average price is $99.82 and its two-hundred day moving average price is $104.25. The stock has a market capitalization of $5.06 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 1.16 and a beta of 1.69. THOR Industries has a 52 week low of $88.37 and a 52 week high of $127.80.

THOR Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, January 6th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date was Monday, January 6th. THOR Industries's dividend payout ratio (DPR) is presently 51.15%.

Analysts Set New Price Targets

Several research firms recently issued reports 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 lifted their target price for the company from $110.00 to $125.00 in a research report on Monday. Truist Financial lifted 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. Finally, StockNews.com upgraded shares of THOR Industries from a "sell" rating to a "hold" rating in a report on Thursday, February 27th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, THOR Industries has a consensus rating of "Moderate Buy" and an average target price of $114.00.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.