THOR Industries (NYSE:THO) Issues Quarterly Earnings Results, Misses Expectations By $0.08 EPS

THOR Industries (NYSE:THO) released its quarterly earnings results on Wednesday. The construction company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.08), Zacks reports. The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.98 billion. THOR Industries had a net margin of 2.17% and a return on equity of 5.97%. The business’s revenue was down 8.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.13 EPS. 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 THOR Industries stock opened at $81.47 on Thursday. The company has a current ratio of 1.71, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $4.34 billion, a P/E ratio of 20.84, a P/E/G ratio of 1.16 and a beta of 1.69. The business has a fifty day simple moving average of $99.81 and a two-hundred day simple moving average of $104.20. THOR Industries has a 12 month low of $78.88 and a 12 month high of $118.85.

THOR Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, January 6th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend was Monday, January 6th. THOR Industries’s dividend payout ratio is currently 51.15%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on THO. StockNews.com upgraded shares of THOR Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 27th. Benchmark reiterated a “hold” rating on shares of THOR Industries in a report on Tuesday, December 3rd. Truist Financial lifted their price target on shares of THOR Industries from $98.00 to $110.00 and gave the company a “hold” rating in a report on Monday, February 10th. Finally, Bank of America upgraded shares of THOR Industries from a “neutral” rating to a “buy” rating and lifted their price target for the company from $110.00 to $125.00 in a report on Monday. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target 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.