Thor Industries Q1 EPS Forecast Lowered by Zacks Research

Key Points

• Zacks Research has reduced its Q1 2026 earnings estimate for Thor Industries to $0.04 per share, significantly lower than the previous estimate of $0.29.
• Recently, Thor Industries' board announced a $400 million share repurchase program, indicating their belief that the stock is undervalued.
• The company's quarterly earnings report showed a net margin of 2.32% and a revenue increase of 3.3% compared to the same quarter last year.

Thor Industries, Inc. (NYSE:THO - Free Report) - Equities research analysts at Zacks Research decreased their Q1 2026 earnings per share estimates for Thor Industries in a note issued to investors on Monday, August 4th. Zacks Research analyst R. Department now forecasts that the construction company will earn $0.04 per share for the quarter, down from their previous estimate of $0.29. The consensus estimate for Thor Industries' current full-year earnings is $4.64 per share. Zacks Research also issued estimates for Thor Industries' Q2 2026 earnings at $0.09 EPS and Q4 2027 earnings at $1.68 EPS.

A number of other equities analysts also recently weighed in on the company. Roth Capital set a $77.00 price target on Thor Industries and gave the stock a "neutral" rating in a research report on Monday, June 9th. KeyCorp raised Thor Industries from an "underweight" rating to a "sector weight" rating in a report on Friday, August 1st. DA Davidson raised Thor Industries to a "hold" rating in a report on Monday, April 14th. Wall Street Zen raised shares of Thor Industries from a "sell" rating to a "hold" rating in a research report on Friday, June 6th. Finally, Truist Financial increased their price objective on shares of Thor Industries from $72.00 to $78.00 and gave the company a "hold" rating in a research report on Tuesday, June 3rd. Nine investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Thor Industries currently has an average rating of "Hold" and an average target price of $87.63.

Thor Industries Stock Performance

Shares of THO stock traded down $0.91 on Wednesday, reaching $94.93. The stock had a trading volume of 491,847 shares, compared to its average volume of 546,506. Thor Industries has a 12 month low of $63.15 and a 12 month high of $118.85. The firm has a market capitalization of $5.05 billion, a price-to-earnings ratio of 22.76, a P/E/G ratio of 1.92 and a beta of 1.21. The firm's 50-day moving average is $90.25 and its two-hundred day moving average is $86.46. The company has a quick ratio of 0.90, a current ratio of 1.71 and a debt-to-equity ratio of 0.24.

Thor Industries (NYSE:THO - Get Free Report) last released its earnings results on Wednesday, June 4th. The construction company reported $2.53 earnings per share 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 during the quarter, compared to analysts' expectations of $2.60 billion. During the same period last year, the business earned $2.13 earnings per share. The firm's revenue was up 3.3% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of THO. LPL Financial LLC raised its position in shares of Thor Industries by 7.2% in the 4th quarter. LPL Financial LLC now owns 40,367 shares of the construction company's stock valued at $3,864,000 after buying an additional 2,708 shares in the last quarter. Pictet Asset Management Holding SA increased its stake in Thor Industries by 20.3% in the fourth quarter. Pictet Asset Management Holding SA now owns 8,236 shares of the construction company's stock valued at $788,000 after acquiring an additional 1,392 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Thor Industries by 2.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 682,992 shares of the construction company's stock valued at $65,369,000 after purchasing an additional 15,033 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in 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 during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Thor Industries in the 4th quarter valued at $201,000. Institutional investors and hedge funds own 96.71% of the company's stock.

Insider Transactions at Thor Industries

In related news, Director Peter Busch Orthwein acquired 3,000 shares of the company's stock in a transaction on Friday, June 20th. The stock was purchased at an average cost of $85.40 per share, with a total value of $256,200.00. Following the acquisition, the director directly owned 136,400 shares of the company's stock, valued at approximately $11,648,560. The trade was a 2.25% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.50% of the stock is owned by corporate insiders.

Thor Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st were given a dividend of $0.50 per share. The ex-dividend date of this dividend 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 is currently 47.96%.

Thor Industries announced that its board has authorized a stock repurchase plan on Monday, June 23rd that allows the company to repurchase $400.00 million in outstanding shares. This repurchase authorization allows the construction company to purchase up to 8.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

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.