THOR Industries (NYSE:THO) Releases FY25 Earnings Guidance

THOR Industries (NYSE:THO) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $3.30-4.00 for the period, compared to the consensus earnings per share 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.

THOR Industries Stock Down 14.5 %

Shares of NYSE:THO opened at $81.47 on Thursday. The company’s fifty day moving average is $99.81 and its two-hundred day moving average is $104.20. 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 has a 1-year low of $78.88 and a 1-year high of $118.85. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of 20.84, a price-to-earnings-growth ratio of 1.16 and a beta of 1.69.

THOR Industries (NYSE:THO) last released its quarterly earnings data on Wednesday, March 5th. The construction company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.08). THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.98 billion. During the same quarter last year, the company earned $0.13 EPS. THOR Industries’s revenue was down 8.6% compared to the same quarter last year. Equities analysts anticipate that THOR Industries will post 4.64 EPS for the current year.

THOR Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, January 6th were given 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 is currently 51.15%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on THO. Bank of America raised THOR Industries from a “neutral” rating to a “buy” rating and increased their target price for the stock from $110.00 to $125.00 in a research report on Monday. StockNews.com raised shares of THOR Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 27th. Benchmark reissued a “hold” rating on shares of THOR Industries in a research note on Tuesday, December 3rd. Truist Financial upped their target price on shares of THOR Industries from $98.00 to $110.00 and gave the stock a “hold” rating in a research report on Monday, February 10th. Finally, Robert W. Baird cut their price target on THOR Industries from $110.00 to $100.00 and set an “outperform” rating on the stock in a report on Thursday. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $112.33.

About THOR Industries

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.