THOR Industries, Inc. to Post Q1 2025 Earnings of $0.90 Per Share, DA Davidson Forecasts (NYSE:THO)

THOR Industries, Inc. (NYSE:THO) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for THOR Industries in a report released on Thursday, September 26th. DA Davidson analyst B. Rolle expects that the construction company will post earnings of $0.90 per share for the quarter. The consensus estimate for THOR Industries’ current full-year earnings is $4.50 per share. DA Davidson also issued estimates for THOR Industries’ FY2025 earnings at $5.00 EPS.

A number of other research firms have also recently issued reports on THO. BMO Capital Markets reaffirmed an “outperform” rating and issued a $120.00 price target on shares of THOR Industries in a report on Thursday, September 19th. Robert W. Baird dropped their target price 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. Benchmark assumed coverage on shares of THOR Industries in a research report on Thursday, July 18th. They set a “hold” rating on the stock. Citigroup boosted their price objective on shares of THOR Industries from $119.00 to $124.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Truist Financial lifted their target price on 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $114.75.

THOR Industries Trading Up 1.4 %

Shares of THO opened at $109.97 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.74 and a current ratio of 1.69. The company has a market cap of $5.85 billion, a price-to-earnings ratio of 22.31 and a beta of 1.67. The stock has a fifty day moving average price of $103.10 and a two-hundred day moving average price of $101.33. THOR Industries has a 52-week low of $84.54 and a 52-week high of $129.31.

THOR Industries (NYSE:THO) last announced its quarterly earnings results on Tuesday, September 24th. The construction company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.33. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.47 billion. THOR Industries had a net margin of 2.64% and a return on equity of 7.02%. The firm’s quarterly revenue was down 7.4% on a year-over-year basis. During the same period last year, the firm posted $1.68 EPS.

Hedge Funds Weigh In On THOR Industries

Institutional investors have recently modified their holdings of the stock. Gamco Investors INC. ET AL boosted its stake in THOR Industries by 2.5% during the 1st quarter. Gamco Investors INC. ET AL now owns 4,100 shares of the construction company’s stock worth $481,000 after acquiring an additional 100 shares during the last quarter. Ontario Teachers Pension Plan Board raised its holdings in THOR Industries by 0.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 13,960 shares of the construction company’s stock worth $1,638,000 after purchasing an additional 108 shares during the period. Parallel Advisors LLC boosted its position in shares of THOR Industries by 70.8% during the fourth quarter. Parallel Advisors LLC now owns 292 shares of the construction company’s stock worth $35,000 after purchasing an additional 121 shares in the last quarter. Tortoise Investment Management LLC grew its holdings in shares of THOR Industries by 77.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 285 shares of the construction company’s stock valued at $27,000 after buying an additional 124 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its position in shares of THOR Industries by 2.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,714 shares of the construction company’s stock valued at $670,000 after buying an additional 131 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.

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.