THOR Industries (NYSE:THO) Issues Quarterly Earnings Results

THOR Industries (NYSE:THO - Get Free Report) released its quarterly earnings results on Wednesday. The construction company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.08), Zacks reports. THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the previous year, the business posted $0.13 EPS. The firm's revenue for the quarter was down 8.6% compared to the same quarter last year. THOR Industries updated its FY 2025 guidance to 3.300-4.000 EPS and its FY25 guidance to $3.30-4.00 EPS.

THOR Industries Stock Performance

Shares of THO stock opened at $81.47 on Thursday. The firm has a market capitalization of $4.34 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 1.16 and a beta of 1.69. The firm has a fifty day simple moving average of $99.81 and a two-hundred day simple moving average of $104.20. The company has a current ratio of 1.71, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26. THOR Industries has a 12 month low of $78.88 and a 12 month high of $118.85.

THOR Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, January 6th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, January 6th. This represents a $2.00 dividend on an annualized basis and a yield of 2.45%. THOR Industries's dividend payout ratio (DPR) is presently 51.15%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Truist Financial raised their price target 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. StockNews.com upgraded shares of THOR Industries from a "sell" rating to a "hold" rating in a research note on Thursday, February 27th. Bank of America upgraded shares of THOR Industries from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $110.00 to $125.00 in a research note on Monday. Finally, Benchmark reiterated a "hold" rating on shares of THOR Industries in a research note on Tuesday, December 3rd. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $114.00.

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.