THOR Industries (NYSE:THO) Updates 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 guidance of 4.000-5.000 for the period, compared to the consensus earnings per share estimate of 4.860. The company issued revenue guidance of $9.0 billion-$9.8 billion, compared to the consensus revenue estimate of $9.6 billion.

THOR Industries Trading Down 2.2 %

Shares of THO opened at $108.49 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.69 and a quick ratio of 0.82. THOR Industries has a 1 year low of $88.37 and a 1 year high of $129.31. The company has a 50 day simple moving average of $109.28 and a two-hundred day simple moving average of $102.65. The firm has a market cap of $5.76 billion, a P/E ratio of 22.01 and a beta of 1.67.

THOR Industries (NYSE:THO) last announced its quarterly earnings data on Tuesday, September 24th. The construction company reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.33. THOR Industries had a net margin of 2.64% and a return on equity of 7.02%. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.47 billion. During the same period last year, the firm posted $1.68 EPS. The company’s revenue was down 7.4% on a year-over-year basis. On average, equities analysts expect that THOR Industries will post 4.85 earnings per share for the current fiscal year.

THOR Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were issued a $0.50 dividend. The ex-dividend date was Friday, November 1st. This is a positive change from THOR Industries’s previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.84%. THOR Industries’s dividend payout ratio (DPR) is 40.57%.

Analyst Upgrades and Downgrades

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

Insider Transactions at THOR Industries

In related news, VP Colleen A. Zuhl sold 4,354 shares of THOR Industries stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $115.00, for a total value of $500,710.00. Following the completion of the sale, the vice president now directly owns 131,905 shares in the company, valued at $15,169,075. The trade was a 3.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate 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.