Zacks Research Expects Reduced Earnings for Thor Industries

Key Points

• Zacks Research has revised down its FY2025 earnings per share estimate for Thor Industries from $4.35 to $4.06, while the current consensus estimate stands at $4.64 per share.
• Multiple brokerages have recently adjusted their ratings and price targets for Thor Industries, with Truist Financial raising its price target from $86.00 to $115.00 and maintaining a "hold" rating.
• Thor Industries has announced a stock repurchase plan allowing for the buyback of up to $400 million in shares, indicating management's belief that the stock is undervalued.

Thor Industries, Inc. (NYSE:THO - Free Report) - Equities researchers at Zacks Research lowered their FY2025 earnings estimates for Thor Industries in a research note issued to investors on Thursday, September 4th. Zacks Research analyst Team now anticipates that the construction company will earn $4.06 per share for the year, down from their previous forecast of $4.35. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Thor Industries' current full-year earnings is $4.64 per share. Zacks Research also issued estimates for Thor Industries' Q3 2026 earnings at $2.20 EPS, Q4 2026 earnings at $1.94 EPS, FY2026 earnings at $4.45 EPS, Q2 2027 earnings at $1.14 EPS, Q4 2027 earnings at $1.73 EPS and FY2027 earnings at $5.92 EPS.

A number of other analysts also recently issued reports on the stock. Wall Street Zen raised shares of Thor Industries from a "sell" rating to a "hold" rating in a report on Friday, June 6th. Truist Financial upped their price target on shares of Thor Industries from $86.00 to $115.00 and gave the company a "hold" rating in a research report on Wednesday. Roth Capital set a $77.00 price objective on shares of Thor Industries and gave the stock a "neutral" rating in a research report on Monday, June 9th. KeyCorp upgraded shares of Thor Industries from an "underweight" rating to a "sector weight" rating in a research report on Friday, August 1st. Finally, Citigroup reissued a "neutral" rating and set a $100.00 target price (up from $88.00) on shares of Thor Industries in a research note on Tuesday, August 12th. Two equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $94.00.

Thor Industries Stock Performance

Shares of Thor Industries stock traded up $0.61 during trading on Friday, hitting $112.32. 508,316 shares of the stock were exchanged, compared to its average volume of 762,075. The stock has a market capitalization of $5.98 billion, a price-to-earnings ratio of 26.94, a price-to-earnings-growth ratio of 2.24 and a beta of 1.33. The company has a current ratio of 1.71, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The company has a fifty day moving average price of $98.81 and a 200-day moving average price of $87.03. Thor Industries has a 1-year low of $63.15 and a 1-year high of $118.85.

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 the consensus estimate of $1.79 by $0.74. Thor Industries had a net margin of 2.32% and a return on equity of 6.15%. The business had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.60 billion. During the same period in the previous year, the firm posted $2.13 EPS. The firm's revenue was up 3.3% compared to the same quarter last year.

Institutional Trading of Thor Industries

Hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. raised its holdings in Thor Industries by 0.6% in the 1st quarter. Principal Financial Group Inc. now owns 122,374 shares of the construction company's stock worth $9,277,000 after acquiring an additional 755 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of Thor Industries by 4.2% in the 1st quarter. Crossmark Global Holdings Inc. now owns 3,560 shares of the construction company's stock worth $270,000 after purchasing an additional 145 shares during the period. Oppenheimer & Co. Inc. increased its holdings in Thor Industries by 7.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 3,281 shares of the construction company's stock worth $249,000 after acquiring an additional 228 shares in the last quarter. QRG Capital Management Inc. increased its holdings in Thor Industries by 33.5% in the 1st quarter. QRG Capital Management Inc. now owns 20,453 shares of the construction company's stock worth $1,551,000 after acquiring an additional 5,136 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its holdings in Thor Industries by 6.0% during the 1st quarter. Teacher Retirement System of Texas now owns 13,211 shares of the construction company's stock valued at $1,002,000 after buying an additional 749 shares in the last quarter. Institutional investors own 96.71% of the company's stock.

Insider Activity at Thor Industries

In other news, Director Peter Busch Orthwein bought 3,000 shares of the firm's stock in a transaction that occurred on Friday, June 20th. The shares were bought at an average cost of $85.40 per share, with a total value of $256,200.00. Following the completion of the purchase, the director directly owned 136,400 shares in the company, valued at $11,648,560. This represents a 2.25% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. 4.50% of the stock is currently owned by insiders.

Thor Industries announced that its Board of Directors has initiated a share repurchase plan on Monday, June 23rd that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the construction company to repurchase up to 8.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

Thor Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, July 1st. Thor Industries's payout ratio is presently 47.96%.

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.