THOR Industries (NYSE:THO) Posts Quarterly Earnings Results, Beats Expectations By $0.33 EPS

by · The Markets Daily

THOR Industries (NYSE:THO – Get Free Report) issued its earnings results on Tuesday. The construction company reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.33, Briefing.com reports. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.47 billion. THOR Industries had a return on equity of 7.07% and a net margin of 2.59%. The company’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.68 EPS. THOR Industries updated its FY 2025 guidance to 4.000-5.000 EPS and its FY25 guidance to $4.00-5.00 EPS.

THOR Industries Trading Down 2.8 %

NYSE:THO opened at $106.45 on Thursday. THOR Industries has a 12-month low of $84.54 and a 12-month high of $129.31. The firm has a market capitalization of $5.66 billion, a P/E ratio of 21.59 and a beta of 1.67. The business has a 50 day simple moving average of $102.63 and a 200 day simple moving average of $101.26. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.65 and a quick ratio of 0.74.

Analyst Ratings Changes

Several analysts recently commented on THO shares. Truist Financial raised their price objective on shares of THOR Industries from $95.00 to $105.00 and gave the company a “hold” rating in a research note on Friday, September 20th. BMO Capital Markets restated an “outperform” rating and issued a $120.00 target price on shares of THOR Industries in a report on Thursday, September 19th. Robert W. Baird reduced their target price on shares of THOR Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, June 6th. Citigroup decreased their target price on shares of THOR Industries from $120.00 to $113.00 and set a “buy” rating for the company in a research note on Friday, June 7th. Finally, Benchmark initiated coverage on THOR Industries in a research report on Thursday, July 18th. They issued a “hold” rating on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.00.

Read Our Latest Stock Analysis on THO

About THOR Industries

(Get Free Report)

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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