FY2025 EPS Forecast for Thor Industries Boosted by Analyst

Key Points

• Zacks Research has raised its FY2025 earnings per share (EPS) forecast for Thor Industries from $4.07 to $4.36, while the consensus estimate remains at $4.64 per share.
• Thor Industries reported a quarterly earnings EPS of $2.53, surpassing analysts' expectations of $1.79, alongside a revenue of $2.89 billion which also exceeded projections.
• The company's Board of Directors has approved a $400 million share buyback program, indicating a belief that the company's shares are undervalued.

Thor Industries, Inc. (NYSE:THO - Free Report) - Analysts at Zacks Research raised their FY2025 earnings per share (EPS) estimates for shares of Thor Industries in a research report issued on Monday, August 4th. Zacks Research analyst R. Department now forecasts that the construction company will earn $4.36 per share for the year, up from their prior estimate of $4.07. 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 $2.03 EPS, Q4 2026 earnings at $1.84 EPS, FY2026 earnings at $4.00 EPS, Q1 2027 earnings at $0.92 EPS, Q2 2027 earnings at $1.05 EPS, Q3 2027 earnings at $2.21 EPS and FY2027 earnings at $5.85 EPS.

Thor Industries (NYSE:THO - Get Free Report) last announced its earnings results on Wednesday, June 4th. The construction company reported $2.53 EPS for the quarter, beating analysts' consensus estimates of $1.79 by $0.74. The firm had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.60 billion. Thor Industries had a return on equity of 6.15% and a net margin of 2.32%. Thor Industries's quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.13 EPS.

THO has been the topic of a number of other research reports. Truist Financial increased their target price on Thor Industries from $72.00 to $78.00 and gave the company a "hold" rating in a report on Tuesday, June 3rd. Wall Street Zen upgraded Thor Industries from a "sell" rating to a "hold" rating in a report on Friday, June 6th. KeyCorp upgraded Thor Industries from an "underweight" rating to a "sector weight" rating in a report on Friday. Roth Capital set a $77.00 price objective on Thor Industries and gave the stock a "neutral" rating in a report on Monday, June 9th. Finally, DA Davidson upgraded Thor Industries to a "hold" rating in a report on Monday, April 14th. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Thor Industries currently has a consensus rating of "Hold" and a consensus target price of $87.63.

Thor Industries Price Performance

Shares of NYSE:THO opened at $93.28 on Tuesday. The business's fifty day moving average price is $89.17 and its two-hundred day moving average price is $86.45. The stock has a market cap of $4.96 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 1.81 and a beta of 1.21. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.71. Thor Industries has a one year low of $63.15 and a one year high of $118.85.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in THO. LPL Financial LLC lifted its stake in shares of Thor Industries by 7.2% during the fourth quarter. LPL Financial LLC now owns 40,367 shares of the construction company's stock worth $3,864,000 after purchasing an additional 2,708 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in shares of Thor Industries by 20.3% during the fourth quarter. Pictet Asset Management Holding SA now owns 8,236 shares of the construction company's stock worth $788,000 after purchasing an additional 1,392 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new position in shares of Thor Industries during the fourth quarter worth about $733,000. Envestnet Asset Management Inc. lifted its stake in shares of Thor Industries by 2.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 682,992 shares of the construction company's stock worth $65,369,000 after purchasing an additional 15,033 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of Thor Industries by 1.8% during the fourth quarter. Russell Investments Group Ltd. now owns 99,673 shares of the construction company's stock worth $9,539,000 after purchasing an additional 1,722 shares in the last quarter. Institutional investors and hedge funds own 96.71% of the company's stock.

Insiders Place Their Bets

In other news, Director Peter Busch Orthwein bought 3,000 shares of Thor Industries stock in a transaction that occurred on Friday, June 20th. The shares were purchased at an average price of $85.40 per share, for a total transaction of $256,200.00. Following the completion of the acquisition, the director owned 136,400 shares of the company's stock, valued at $11,648,560. The trade was a 2.25% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 4.50% of the company's stock.

Thor Industries announced that its Board of Directors has initiated a share buyback program on Monday, June 23rd that allows the company to buyback $400.00 million in outstanding shares. This buyback authorization allows the construction company to purchase up to 8.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.

Thor Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st were issued a $0.50 dividend. The ex-dividend date was Tuesday, July 1st. This represents a $2.00 dividend on an annualized basis and a yield of 2.1%. Thor Industries's dividend payout ratio (DPR) 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.

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