THOR Industries (NYSE:THO) Updates FY25 Earnings Guidance

THOR Industries (NYSE:THO) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $3.30-4.00 for the period, compared to the consensus EPS estimate of $4.41. The company issued revenue guidance of $9.0-9.5 billion, compared to the consensus revenue estimate of $9.44 billion. THOR Industries also updated its FY 2025 guidance to 3.300-4.000 EPS.

Analyst Ratings Changes

Several brokerages have recently weighed in on THO. Bank of America upgraded shares of THOR Industries from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $110.00 to $125.00 in a research note on Monday. StockNews.com upgraded THOR Industries from a “sell” rating to a “hold” rating in a research report on Thursday, February 27th. Truist Financial raised their price target on THOR Industries from $98.00 to $110.00 and gave the company a “hold” rating in a report on Monday, February 10th. Finally, Benchmark reaffirmed a “hold” rating on shares of THOR Industries in a report on Tuesday, December 3rd. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $114.00.

THOR Industries Trading Down 16.5 %

NYSE THO opened at $83.29 on Wednesday. THOR Industries has a one year low of $88.37 and a one year high of $127.80. The company’s 50-day simple moving average is $99.82 and its two-hundred day simple moving average is $104.25. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 1.16 and a beta of 1.69. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.71.

THOR Industries (NYSE:THO) last released its quarterly earnings data on Wednesday, March 5th. The construction company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.06). 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 analysts’ expectations of $1.98 billion. During the same period last year, the firm posted $0.13 earnings per share. THOR Industries’s revenue for the quarter was down 8.6% on a year-over-year basis. Equities analysts forecast that THOR Industries will post 4.64 EPS for the current fiscal year.

THOR Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, January 6th were issued a dividend of $0.50 per share. The ex-dividend date was Monday, January 6th. This represents a $2.00 annualized dividend and a yield of 2.40%. THOR Industries’s dividend payout ratio is currently 51.15%.

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.