THOR Industries (NYSE:THO) Issues FY25 Earnings Guidance

THOR Industries (NYSE:THO) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $4.00-5.00 for the period, compared to the consensus estimate of $4.75. The company issued revenue guidance of $9.0-9.8 billion, compared to the consensus revenue estimate of $9.63 billion. THOR Industries also updated its FY 2025 guidance to 4.000-5.000 EPS.

THOR Industries Stock Performance

Shares of THO opened at $104.06 on Friday. The firm has a market cap of $5.53 billion, a price-to-earnings ratio of 21.11 and a beta of 1.67. The company has a quick ratio of 0.82, a current ratio of 1.69 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $109.17 and its two-hundred day moving average is $102.67. THOR Industries has a 52-week low of $88.37 and a 52-week high of $129.31.

THOR Industries (NYSE:THO) last posted its quarterly earnings data on Tuesday, September 24th. The construction company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.33. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.47 billion. THOR Industries had a net margin of 2.64% and a return on equity of 7.02%. The firm’s revenue was down 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.68 EPS. Analysts forecast that THOR Industries will post 4.85 EPS for the current fiscal year.

THOR Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were issued a $0.50 dividend. This is a positive change from THOR Industries’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 1.92%. The ex-dividend date was Friday, November 1st. THOR Industries’s payout ratio is currently 40.57%.

Analysts Set New Price Targets

Several brokerages have recently commented on THO. Truist Financial lifted their target price on THOR Industries from $95.00 to $105.00 and gave the stock a “hold” rating in a research report on Friday, September 20th. Citigroup lifted their price objective on shares of THOR Industries from $119.00 to $124.00 and gave the stock a “buy” rating in a report on Thursday, September 26th. Benchmark reissued a “hold” rating on shares of THOR Industries in a report on Tuesday. BMO Capital Markets reaffirmed an “outperform” rating and issued a $120.00 price target on shares of THOR Industries in a report on Thursday, September 19th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $95.00 price objective on shares of THOR Industries in a research report on Monday, September 30th. Three 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 stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $110.80.

Insider Buying and Selling at THOR Industries

In related news, VP Colleen A. Zuhl sold 4,354 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $115.00, for a total value of $500,710.00. Following the sale, the vice president now directly owns 131,905 shares in the company, valued at $15,169,075. This trade represents a 3.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.50% of the stock is currently owned by company insiders.

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.