THOR Industries (NYSE:THO) Issues FY25 Earnings Guidance

THOR Industries (NYSE:THO) updated its FY25 earnings guidance on Tuesday. 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.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Citigroup cut their price target on THOR Industries from $120.00 to $113.00 and set a buy rating for the company in a research note on Friday, June 7th. BMO Capital Markets reissued an outperform rating and set a $120.00 target price on shares of THOR Industries in a research note on Thursday, September 19th. Robert W. Baird dropped their price target on THOR Industries from $120.00 to $110.00 and set an outperform rating for the company in a research note on Thursday, June 6th. Benchmark initiated coverage on shares of THOR Industries in a research report on Thursday, July 18th. They set a hold rating on the stock. Finally, Truist Financial upped their target price on shares of THOR Industries from $95.00 to $105.00 and gave the stock a hold rating in a research report on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, THOR Industries presently has a consensus rating of Moderate Buy and a consensus target price of $112.00.

THOR Industries Stock Performance

NYSE THO opened at $106.45 on Thursday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.65 and a quick ratio of 0.74. THOR Industries has a 1-year low of $84.54 and a 1-year high of $129.31. The business has a 50 day simple moving average of $102.63 and a two-hundred day simple moving average of $101.26. The stock has a market capitalization of $5.66 billion, a PE ratio of 21.59 and a beta of 1.67.

THOR Industries (NYSE:THO) last posted its earnings results on Tuesday, September 24th. The construction company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.33. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.47 billion. THOR Industries had a net margin of 2.59% and a return on equity of 7.07%. THOR Industries’s revenue for the quarter was down 7.4% compared to the same quarter last year. During the same period last year, the firm posted $1.68 earnings per share. On average, research analysts predict that THOR Industries will post 4.73 EPS for the current fiscal year.

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.