THOR Industries (NYSE:THO) Updates FY25 Earnings Guidance

THOR Industries (NYSE:THO) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $4.00-5.00 for the period, compared to the consensus earnings per share estimate of $5.85. The company issued revenue guidance of $9.0-9.8 billion, compared to the consensus revenue estimate of $10.14 billion. THOR Industries also updated its FY 2025 guidance to 4.000-5.000 EPS.

THOR Industries Stock Up 1.8 %

Shares of THO stock opened at $108.32 on Friday. The firm has a fifty day moving average of $102.83 and a 200-day moving average of $101.31. The company has a quick ratio of 0.74, a current ratio of 1.69 and a debt-to-equity ratio of 0.27. THOR Industries has a 12-month low of $84.54 and a 12-month high of $129.31. The company has a market capitalization of $5.76 billion, a price-to-earnings ratio of 21.97 and a beta of 1.67.

THOR Industries (NYSE:THO) last announced its earnings results on Tuesday, September 24th. The construction company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.35 by $0.33. THOR Industries had a net margin of 2.64% and a return on equity of 7.02%. The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter in the prior year, the company posted $1.68 earnings per share. The firm’s revenue was down 7.4% on a year-over-year basis. As a group, equities research analysts predict that THOR Industries will post 4.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

THO has been the subject of several recent research reports. BMO Capital Markets restated an outperform rating and set a $120.00 target price on shares of THOR Industries in a report on Thursday, September 19th. Citigroup increased their price target on shares of THOR Industries from $119.00 to $124.00 and gave the company a buy rating in a research note on Thursday. Benchmark began coverage on shares of THOR Industries in a research note on Thursday, July 18th. They issued a hold rating for the company. Robert W. Baird cut their price target on shares of THOR Industries from $120.00 to $110.00 and set an outperform rating for the company in a research note on Thursday, June 6th. Finally, Truist Financial increased their price target 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. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, THOR Industries presently has an average rating of Moderate Buy and a consensus price target of $114.75.

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.