FY2025 EPS Estimate for THOR Industries Increased by Analyst

THOR Industries, Inc. (NYSE:THO - Free Report) - Equities researchers at DA Davidson increased their FY2025 earnings estimates for 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 per share of $3.70 for the year, up from their prior estimate of $3.65. DA Davidson 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.

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

Other equities analysts also recently issued research reports about the stock. Truist Financial upped their price objective on shares of THOR Industries from $72.00 to $78.00 and gave the stock a "hold" rating in a research report on Tuesday, June 3rd. Robert W. Baird cut shares of THOR Industries from an "outperform" rating to a "neutral" rating and reduced their price objective for the company from $100.00 to $85.00 in a research note on Friday, April 4th. KeyCorp increased their target price on shares of THOR Industries from $60.00 to $65.00 and gave the company an "underweight" rating in a report on Friday, May 30th. BMO Capital Markets decreased their price target on THOR Industries from $120.00 to $105.00 and set an "outperform" rating on the stock in a research note on Thursday, March 6th. Finally, Bank of America upgraded THOR Industries from a "neutral" rating to a "buy" rating and upped their price target for the stock from $110.00 to $125.00 in a report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $87.63.

THOR Industries Stock Performance

Shares of NYSE THO traded up $0.88 during mid-day trading on Tuesday, hitting $88.58. 741,633 shares of the company were exchanged, compared to its average volume of 663,069. The stock has a 50 day simple moving average of $76.04 and a 200-day simple moving average of $89.44. THOR Industries has a 1-year low of $63.16 and a 1-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 has a market cap of $4.71 billion, a price-to-earnings ratio of 22.65, a price-to-earnings-growth ratio of 1.16 and a beta of 1.21.

THOR Industries Announces Dividend

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

Institutional Investors Weigh In On THOR Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake 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 worth $407,606,000 after purchasing an additional 326,584 shares during the period. ACR Alpine Capital Research LLC raised its position in shares of THOR Industries by 62.5% in the 1st quarter. ACR Alpine Capital Research LLC now owns 3,482,917 shares of the construction company's stock worth $264,040,000 after buying an additional 1,339,951 shares during the period. Dimensional Fund Advisors LP raised its position in shares of THOR Industries by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,959,547 shares of the construction company's stock worth $224,364,000 after buying an additional 29,012 shares during the period. Timucuan Asset Management Inc. FL boosted its holdings in THOR Industries by 20.1% in the first quarter. Timucuan Asset Management Inc. FL now owns 2,448,401 shares of the construction company's stock valued at $185,613,000 after acquiring an additional 409,636 shares during the last quarter. Finally, Southpoint Capital Advisors LP grew 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 valued at $94,762,000 after acquiring an additional 643,851 shares during the period. Hedge funds and other institutional investors own 96.71% of the company's stock.

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.