DA Davidson Predicts Stronger Earnings for THOR Industries

THOR Industries, Inc. (NYSE:THO - Free Report) - DA Davidson lifted their FY2025 earnings per share (EPS) estimates for shares of THOR Industries in a note issued to investors on Monday, June 9th. DA Davidson analyst G. Bryan now anticipates that the construction company will post earnings of $3.70 per share for the year, up from their previous forecast of $3.65. DA Davidson currently has a "Hold" rating on the stock. The consensus estimate for THOR Industries' current full-year earnings is $4.64 per share. DA Davidson also issued estimates for THOR Industries' Q4 2025 earnings at $1.21 EPS and FY2026 earnings at $4.61 EPS.

THO has been the topic of a number of other research reports. Roth Capital set a $77.00 target price on THOR Industries and gave the stock a "neutral" rating in a research note on Monday. KeyCorp boosted their target price on shares of THOR Industries from $60.00 to $65.00 and gave the company an "underweight" rating in a research report on Friday, May 30th. Wall Street Zen raised THOR Industries from a "sell" rating to a "hold" rating in a report on Friday, June 6th. Bank of America raised THOR Industries from a "neutral" rating to a "buy" rating and increased their price target for the company from $110.00 to $125.00 in a research note on Monday, March 3rd. Finally, Robert W. Baird downgraded THOR Industries from an "outperform" rating to a "neutral" rating and lowered their target price for the stock from $100.00 to $85.00 in a report on Friday, April 4th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, THOR Industries currently has a consensus rating of "Hold" and an average target price of $87.63.

THOR Industries Stock Down 0.1%

THO traded down $0.11 during trading on Tuesday, hitting $88.51. The company had a trading volume of 164,169 shares, compared to its average volume of 815,721. THOR Industries has a one year low of $63.15 and a one year high of $118.85. The company has a quick ratio of 0.78, a current ratio of 1.71 and a debt-to-equity ratio of 0.26. The firm's 50-day moving average price is $76.39 and its 200 day moving average price is $89.44. The company has a market capitalization of $4.71 billion, a PE ratio of 22.64, a PEG ratio of 1.16 and a beta of 1.21.

THOR Industries (NYSE:THO - Get Free Report) last announced its earnings results on Wednesday, June 4th. The construction company reported $2.53 earnings per share for the quarter, topping analysts' consensus estimates of $1.79 by $0.74. The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.60 billion. THOR Industries had a net margin of 2.17% and a return on equity of 5.97%. The company's revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.13 earnings per share.

THOR Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, April 8th. This represents a $2.00 annualized dividend and a yield of 2.26%. THOR Industries's payout ratio is 47.96%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in THOR Industries by 6.5% during the first quarter. Vanguard Group Inc. now owns 5,376,681 shares of the construction company's stock valued at $407,606,000 after purchasing an additional 326,584 shares in the last quarter. ACR Alpine Capital Research LLC lifted its holdings in THOR Industries by 62.5% in the first quarter. ACR Alpine Capital Research LLC now owns 3,482,917 shares of the construction company's stock valued at $264,040,000 after acquiring an additional 1,339,951 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of THOR Industries by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,959,547 shares of the construction company's stock valued at $224,364,000 after purchasing an additional 29,012 shares in the last quarter. Timucuan Asset Management Inc. FL boosted its stake in shares of THOR Industries by 20.1% during the 1st quarter. Timucuan Asset Management Inc. FL now owns 2,448,401 shares of the construction company's stock worth $185,613,000 after acquiring an additional 409,636 shares in the last quarter. Finally, Southpoint Capital Advisors LP raised its position in THOR Industries by 106.2% during the first quarter. Southpoint Capital Advisors LP now owns 1,250,000 shares of the construction company's stock worth $94,762,000 after acquiring an additional 643,851 shares during the period. 96.71% of the stock is currently owned by institutional investors.

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.